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Eastman Business Park - Building 56 - Availability Details

Off-Market

1669 Lake Avenue, Rochester, NY 14615

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  • Property Type Office - General Office
  • Property Size 124,447 Sqft
  • Lot Size 80.37 Acre
  • Parking Spaces Avail. 448
  • Parking Ratio 3.60/ 1,000 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1922

Location

  • City Rochester, NY
  • Neighborhood Charlotte
  • Zip Code 14615
  • Market Rochester

Contacts

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Owner

  • True Owner
  • Registered Owner

Brokers

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Documents

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Sales

  • Arm's Length
  • Buyer Name

Market Trends

Average Actual Rents in Rochester

Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.

Current Average Rent
Net Rent
$44.3/SF/YR
Recoverables Show detailsHide details
$16.7/SF/YR
CAM
$3.54/SF/YR
Insurance
$0.59/SF/YR
Taxes
$9.52/SF/YR
Utilities
$1.76/SF/YR
Management Fees
$1.3/SF/YR
Total Rent
$61/SF/YR
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Occupancy & Leasing Activity
Occupancy
83.5%
Lease Spread
-20.5%
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Asking Rents in Rochester Office Market

Office rental rates are based on aggregated data of asking rates.

  • 2020 Avg. Asking Rent $20.95
  • 2020 Office Vacancy Rate 15.55%
  • 2020 Office Completions (Sqft)

Rochester Office Sales Trends

All sale prices are based on publicly recorded, verified sales.

  • 2020 Avg. Price per Sqft $10.37
  • 2020 Office Sales Volume $10.1M
  • 2020 Number of Transactions 3
View more Rochester market trends

Tax

  • Property Tax in 2021 $2,171,702
  • Market Value $62,155,200
  • Assessed Value $62,155,200

Find more tax info, including assessment history and abatements, on CommercialEdge