Water Tower Park

Off-Market

1099 Jay Street, Rochester, NY 14611

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  • Property Type Industrial - Warehouse/Distribution
  • Property Size 298,168 SF
  • Lot Size 11.66 Acre
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1920

Contacts

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Owner

  • True Owner
  • Registered Owner

Tenants

Suite Name Tenant Leased
Space
Rent Price Lease
Type
Space
Type
Lease Term
370 17th Street #5500 MERRILL, (303) 446-5500 23,824 SF $23/SF/YR Modified
Gross
General
Office
11/01/2014-
N/A
370 17th Street
#6000
Morrison & Foerster,
(303) 592-1500
10,710 SF $26/SF/YR Full
Service
General
Office
08/01/2013-
07/31/2023
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Documents

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Sales

  • Purchase Date 30 Jun, 1983
  • Purchase Price
  • Arm's Length True
  • 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.

  • 2022 Avg. Asking Rent $20.98
  • 2022 Office Vacancy Rate 10.17%
  • 2022 Office Completions (SF)

Rochester Office Sales Trends

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

  • 2022 Avg. Price per SF $67.32
  • Y-o-Y Avg. PpSF Change 16.40%
  • 2022 Office Sales Volume $33.8M
  • 2022 Number of Transactions 8
View more Rochester market trends

Location

Getting Around

  • Walk Score ®

    30/100 Car-Dependent
  • Transit Score ®

    36/100 Some Transit
  • Bike Score ®

    46/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Rochester, NY
  • Neighborhood Dutchtown
  • Zip Code 14611
  • Market Rochester

Points of Interest

  • Rochester

    2.15 miles

  • Park & Berkeley #2940

    3.71 miles

  • Park & Berkeley #2941

    3.73 miles

  • East & Berkeley #1019

    3.75 miles

  • East & Berkeley #1020

    3.77 miles

  • Gulf

    0.46 miles

  • Speedway

    1.50 miles

  • Mobil

    1.51 miles

  • Speedway

    1.51 miles

  • Sunoco

    1.66 miles

  • Sunoco

    1.89 miles

  • Speedway

    2.15 miles

  • Sunco

    2.22 miles

  • 7-Eleven

    2.54 miles

  • Fastrac

    2.55 miles

  • St. Mary's PArking Garage

    0.91 miles

  • High Falls Parking Garage

    1.71 miles

  • Fitzhugh Street Parking Lot

    1.75 miles

  • Economy Shuttle Lot (Blue Lot)

    1.77 miles

  • Sister Cities Garage

    1.82 miles

  • Andrews Street Parking Lot

    1.84 miles

  • Genesee Crossroads Garage

    1.88 miles

  • Economy Shuttle Parking (White Lot)

    1.92 miles

  • Civic Center Parking Garage

    1.93 miles

  • Rainbow Lot

    1.95 miles

  • Salvatore's Old Fashoined Pizzeria

    0.48 miles

  • Bill's Diner

    0.71 miles

  • McDonald's

    0.79 miles

  • People's Choice Take out Resturant

    0.98 miles

  • Perri's Pizza

    1.02 miles

  • D'Mangu

    1.05 miles

  • Chili Family Diner

    1.27 miles

  • El Latino Restaurant

    1.33 miles

  • Tip Top Restaurant

    1.43 miles

  • Nick Tahou's Hots

    1.50 miles

  • Tops

    0.50 miles

  • Aldi

    1.51 miles

  • Price Rite

    1.61 miles

  • Wegmans

    1.94 miles

  • Aldi

    2.25 miles

  • Abundance Food Co-op

    2.46 miles

  • Walmart Supercenter

    2.60 miles

  • Highland Market

    2.62 miles

  • Big Lots

    3.06 miles

  • India House

    3.08 miles

  • City of Rochester Police Department

    0.05 miles

  • City of Rochester Fire Department

    0.75 miles

  • Saint Mary's Campus

    0.93 miles

  • City of Rochester Fire Department

    1.14 miles

  • City of Rochester Fire Department

    1.35 miles

  • Monroe County Sheriff PBA

    1.73 miles

  • Hose Co 21

    1.89 miles

  • New Clinton Pharmacy

    1.97 miles

  • Rochester Public Safety Building

    1.99 miles

  • Rochester Police Headquarters

    2.00 miles

Frequently Asked Questions

What is the total square footage of Water Tower Park?

Water Tower Park totals 298,168 square feet.

When was this property built?

Water Tower Park was built in 1920.

When was Water Tower Park last sold?

Water Tower Park was last sold on 30 Jun, 1983.

What is the property tax for Water Tower Park?

The property tax for Water Tower Park in 2023 was $100,159.

What is the market value for Water Tower Park?

The market value* for Water Tower Park in 2023 was $3,235,326.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.

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