Office for Sale in Rochester, NY

  • Price: $9.9M
  • Listing type: For sale
  • Asset type: Office
  • Location: Rochester, NY 14604

Description

Office Building & Parking Garage Investment Offering Farash Place is a 176,000 square foot office building and 581 space parking deck in a vibrant, mixed-use location in the City of Rochester.

Market Context

This office in Rochester, NY is listed for sale at $9,900,000. It has been on the market for 164 days. Compare it against other office listings for sale in Rochester, NY — <a href="/search/sale/office/new-york/rochester">view the full market</a>.

As of Q4 2021, the Rochester office market showed average asking rents near $56.40/SF/yr, and rents up 7.4% year over year. Source: Consensus Q4 2021 market report.

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Unified Estimate

Very Low Confidence

$32.01/SF – $43.31/SF

Mid: $37.66/SF

Rate-first confidence-weighted blend with cost-of-business adjustment.

No local comparable sales were available, so this estimate is transferred from a comparable peer market — treat it as a rough indication only. Transferred from peer market charleston (similarity: 100%) with 10 comparable listings.

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