CAPRON STREET LOFTS NEAR COMPLETION
By THOMAS ADAMS
Rochester Business Journal
January 20, 2011
A ribbon-cutting ceremony Thursday marked the near-completion of the
Capron Street Lofts, with the downtown condominiums scheduled to be
ready for occupancy in November.
The 100-year-old, five-story
warehouse on the northeast corner of South Avenue and Capron Street has
been transformed over three years into living space, with a restaurant
planned for the first floor. Alexander Street development firm Belmont
Properties Inc. purchased the building for $600,000. It overlooks the
Frederick Douglass-Susan B. Anthony Memorial Bridge and the Genesee
Of the 19 condominiums, nine have been sold, including two
of the four on the fifth floor, developers said. Of the 10 remaining,
prices range from $159,000 to $339,000. The condos come with a monthly
homeowner association fee.
At least one condo is still available on
each floor, including two of four on the fifth floor. A series of open
houses is planned through the end of the year, developers said.