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$424,900
10 Days On Site

73 Main Street
Brockport, NY 14420

For Sale|Apartment|Pending
0
Beds
0
Full Baths
0
Partial Baths
6,168
SqFt
$69
/SqFt
1900
Built
County:
Monroe
Call Now: (585) 900-1111
Is this the home for you? We can help make it yours.
(585) 900-1111
73 Main Street73 Main Street73 Main Street73 Main Street
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Monthly Payment (Est.)

$1,939
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An excellent opportunity awaits with this fully occupied mixed-use investment property located in a desirable row building in the Village of Brockport, NY. The building is home to the well-known Piccolo Fazools Bistro, featuring seating for over 70 patrons and a private party room, making it a popular dining destination in the community; please note the building is for sale, not the business, as the restaurant is a tenant. The property also includes a large storage area with a garage door for easy truck unloading. Upstairs, there are three apartments: two are three-bedroom, 1.5-bath units with long-term tenants, and the third is a two-bedroom, one-bath unit, all with separate utilities. The building features a large, open attic space accessed by two full walk-up staircases, offering future potential. Designed for low maintenance with no snow removal or lawn care obligations, the property benefits from public parking with an adjacent lot and several additional parking areas within walking distance. The property currently generates a gross annual revenue of $69,100 with an 11.7% cap rate, but once market rents are applied, it has the potential to produce a whopping $75,300 to $81,300 in gross income with an impressive 13% to 14.5% cap rate, making this a rare and exceptional income-producing opportunity in the heart of Brockport’s vibrant village center. Tax Record shows 9,882sqft. Assessor confirmed usable space is actually 6,168sqft. The extra sqft is non-contribution, aka basement, attic, etc.

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Listing Snapshot
Price 
$424,900
Days On Site 
10 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,168 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.08 Acres
Year Built 
1900
MLS® Number 
R1592574
Status 
Pending
Property Tax 
$10,215
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
a week agoStatus changed to Pending
a week agoListing updated with changes from the MLS®
2 weeks agoListing first seen on site
General Features
Acres 
0.08
Additional Property Use 
Residential
Cross Street 
State
Garage 
Yes
Number Of Stories 
2
Parking 
None
Property Sub Type 
Apartment
Sewer 
Public Sewer
Special Circumstances 
Standard
SqFt Total 
6168
Utilities 
Sewer ConnectedWater Connected
Water Source 
Public
Zoning 
Mixed Use
Interior Features
Basement 
Full
Cooling 
Central Air
Flooring 
LinoleumVinyl
Heating 
Natural Gas
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Exterior Features
Construction Details 
Brick
Lot Features 
Rectangular Lot
Roof 
Rolled/Hot Mop
Community Features
Financing Terms Available 
Cash
MLS Area 
Brockport Village-Sweden-265201
School District 
Brockport
Township 
Brockport-Village
Schools
School District
Brockport
Elementary School
Unknown
Middle School
Unknown
High School
Unknown

Neighborhood & Commute
Source: Walkscore
Community information and market data Powered by ATTOM Data Solutions. Copyright ©2019 ATTOM Data Solutions. Information is deemed reliable but not guaranteed.
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The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) Program of NYSAMLS’s. Real estate listings held by firms other than (Your Firm Name here), are marked with the IDX logo and detailed information about them includes the Listing Broker’s Firm Name.

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Data last updated: November 15, 202212:27pm
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