This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Times Square Building 45 Exchange Blvd

110,820 SF 100% Leased Office Building Rochester, NY 14614 £2,962,537 (£27/SF)

Investment Highlights

  • Located across the street from the Blue Cross Arena.
  • 15 minute walk to the Rochester Commuter Rail.
  • Right off Highway 490.
  • 10 minute drive to Fredrick Douglass/Greater Rochester International Airport.

Executive Summary

Rochester's most iconic Art Deco skyscraper (1929), this building is designed by prominent NYC architect Ralph Walker and is topped with the dramatic "Wings of Progress" sculpture. For the past twenty years the property has been carefully managed by owner, Rich Calabrese, with particular attention to the restoration of original details, such as light fixtures, terrazzo floors, wood paneling, bas relief plaster, marble fireplaces, decorative ceilings, and Art Deco metalwork. Original exterior lighting for the "Wings" has been restored, as has the limestone base for that sculpture.
Building is ideal for a mixed-use redevelopment project directly opposite Blue Cross Arena & Constellation Brands new world corporate HQ. Property is adjacent to the City’s ROC the Riverway Project as well as the Monroe County Court House and County Office Building.
Financials: Building is currently 50% occupied with several full floor tenants. Rent roll, floors plans and Income & Expense report are available upon execution of a confidentiality agreement.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
110,820 SF
Building Class
B
Year Built
1929
Price
£2,962,537
Price Per SF
£27
Percent Leased
100%
Tenancy
Multiple
Number of Floors
12
Typical Floor Size
9,500 SF
Building FAR
10.60
Land Acres
0.24 AC
Opportunity Zone
Yes
Zoning
Commercial - Office building

Amenities

  • Banking
  • Bus Route
  • Controlled Access
  • Concierge
  • Property Manager on Site
  • Restaurant
  • Storage Space
  • Central Heating
  • Air Conditioning
Walk Score ®
Very Walkable (85)
Transit Score ®
Excellent Transit (70)
Bike Score ®
Very Bikeable (82)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
261400-121-300-0001-029-000-0000
Land Assessment
£136,181
Improvements Assessment
£644,929
Total Assessment
£781,110
  • Listing ID: 31535331

  • Date on Market: 17/04/2024

  • Last Updated:

  • Address: 45 Exchange Blvd, Rochester, NY 14614

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}