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Charlotte Rentals Acquires Mixed-Use Property At 241 Norris Drive In Rochester For $762,500

Property Image
SOLD
$762,500

New York

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Mixed-use4,652 SF
Sold 10/17/2024
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Property Image
SOLD

Charlotte Rentals Acquires Mixed-Use Property At 241 Norris Drive In Rochester For $762,500

241 Norris Drive

See Similar Deals
Mixed-use4,652 SF
Sold 10/17/2024
the dealplayerscompscontact
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Summary

NEW YORK
Asset Type:Mixed-use
Price Per Square Foot:$163
Total Square Footage:4,652 SF
Transaction Type:Sale

A mixed-use property located at 241 Norris Drive in Rochester, NY, has been sold for $762,500. The asset consists of 5 units with a total square footage of 4,652 and a price per unit of $152,500. The price per square foot for the property is $163.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $762,500
  • Buyer: Charlotte Rentals - Joshua Carris
  • Seller: Jettison Group - Chris Jettison
  • Broker: Evan Schaefer - Benchmark Realty Advisors
  • Units: 5
  • Square Footage: 4,652
  • Price Per Unit: $152,500
  • Price Per Square Foot: $163

Evan Schaefer from Benchmark Realty Advisors represented the seller in this transaction. The ongoing demand for multifamily and mixed-use properties in the Rochester market has remained robust, indicating a resilient market environment despite fluctuating interest rates.

Players

Evan Schaefer
Benchmark Realty
Evan Schaefer
1 deal$762.5K volume(585) 337-1764
BROKER

Details

SOLD
IMAGE: Evan Schaefer DATE: 10/17/2024 ADDRESS: 241 Norris Drive MARKET: Rochester ASSET TYPE: Mixed-use BUYER: Charlotte Rentals - Joshua Carris SELLER: Jettison Group - Chris Jettison BROKER: Evan Schaefer - Benchmark Realty Advisors SALE PRICE: $762,500 UNITS: 5 ~ PPU: $152,500 SF: 4,652 ~ PPSF: $163 NOTE FROM BROKER: Benchmark Realty Advisors is pleased to announce the sale of 241 Norris Drive, a mixed-use property located in Rochester, NY. Continued demand for multifamily and mixed-use product within the Rochester market remains strong, despite the volatile interest rate environment we remain in.

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