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    The Largest CRE Database in the US with Over 1 Million Listings

    126 Sullivan St Wurtsboro, NY 12790

    Sponsored
    For Lease
    $1,400 /Mo ($2 SF/Yr)

    COMMERCIAL - Wurtsboro, NY

    Lot size:
    0.13 Acres
    Days on Market:
    29
    Last Refresh:
    Jan 30 at 6:06 pm

    Property Features for 126 Sullivan St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    4003-106-0-0007-003-001
    Parking features
    On Street
    Appliances
    Cooktop, Refrigerator
    Lot size
    0.13 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Wall/Window Unit(s), Window Unit(s)

    Building Details

    Floors in Building
    2
    Building materials
    Vinyl Siding

    We can help!

    Listing Contact
    Joy Romano

    Joy Romano Realty (917) 541-1105

    Listing agent Joy Romano

    Listing date Jan 2, 2026

    MLS# 925087

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Wurtsboro Commercial Space For Lease

    Located in the heart of historic downtown Wurtsboro, New York, this second-floor commercial space offers 1,200 sq. ft. for lease. Situated on Sullivan Street in a well-kept building, the flexible layout includes three private rooms, a full bathroom, and a kitchenette. The space is suitable for various professionals, including attorneys, accountants, architects, beauty professionals, or tattoo artists. Its central and easily accessible location benefits from steady foot traffic. The property is located in Sullivan County, just minutes from Route 17. The tenant is responsible for electric and heat.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Face Art Permanent ... Permanent Make-Up Clinic AcuCare4U Acupuncture Acupuncture Clinic

    Suggested Use

    Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wurtsboro
    County
    Sullivan
    State
    New York
    Longitude
    -74.4851508
    Latitude
    41.5762005

    Nearby Similar for Lease

    • $16 SF/Yr

      Wurtsboro Retail Spaces For Lease

      Three retail/office spaces available in Stewart's Shop plaza.
      187 Kingston Ave, Wurtsboro, NY 12790
      View Details
    • $16 SF/Yr
      1,800 SF

      Retail/Office Space in Wurtsboro

      Retail/office spaces available for lease in Wurtsboro, NY.
      175 Us-209, Wurtsboro, NY
      View Details

    FAQs

    What type of property is this?
    Office space - Second-floor commercial space in historic downtown Wurtsboro.
    Where is this office space located?
    The property is located at 126 Sullivan St Wurtsboro, NY.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: Situated in the heart of historic downtown Wurtsboro on Sullivan Street, offering high visibility and steady foot traffic.; - Flexible Space: 1,200 sq. ft. layout includes three private rooms, a full bathroom, and a kitchenette, suitable for various professional uses.; - Growing Community: Located in one of Sullivan County's expanding communities, presenting business growth opportunities.
    (845) 701-9711
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    126 Sullivan St Wurtsboro, NY 12790
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    Wurtsboro, NY 12790
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    126 Sullivan St Wurtsboro, NY 12790
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    We can help!
    Listing Contact
    Joy Romano
    (845) 701-9711
    Learn more
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