The Normandie Apartments Rochester, NY

As exclusive agent, Cushman and Wakefield and Pyramid Brokerage Company are pleased to offer a 100% fee interest in The Normandie for sale.

Situated in downtown Rochester, NY, this offering represents the rare opportunity to acquire a 217-unit value-add apartment community with highly attractive assumable financing. Once a glamorous hotel during the Old Hollywood era in the 1930s, The Normandie was converted into luxury apartments its unique architectural features and history.

The community comprises 3 buildings situated on 3.1 acres and features an attractive unit mix comprising 56 efficiency units, 29 studios, 111 one-bedrooms, 19 two-bedrooms, and 3 three-bedrooms. The complex benefits from numerous amenities including Amazon Hub, modern fitness room, outdoor courtyard, secure bike rack, rooftop sundeck, reserved parking spaces, EV parking, and much more. 5MM of capital has been put into the building over the past 5 years including unit renovations, upgraded elevators, secured parking lot, and much more.

The Normandie boasts a central location in the trendy Park Avenue neighborhood, a vibrant neighborhood best known for its eclectic mix of boutique stores, restaurants, bars, and cafes all within walking distance. Several Rochester landmarks are also located within proximity, including the George Eastman House, Memorial Art Gallery, and the Rochester Museum and Science Center.

Investment Highlights