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

    6437 Route 209 Kerhonkson, NY 12446

    Sponsored
    For Sale
    $299,000

    COMMERCIAL - Kerhonkson, NY

    Type:Office
    Property size:
    735 SF
    Lot size:
    0.77 Acres
    Days on Market:
    1
    Last Refresh:
    Feb 8 at 9:06 pm

    Property Features for 6437 Route 209

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Zoning
    business
    Rooms
    Basement, Bathroom 1
    Bathrooms
    1
    APN
    76.13
    Parking
    8
    Basement
    Unfinished, Full, Concrete
    Appliances
    Tankless Water Heater
    Size
    735 SF
    Lot size
    0.77 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Wood, Wood Stove
    Cooling system
    Central Air, Ductless
    Water source
    Public
    Water front features
    Creek
    Water front
    1

    Building Details

    Year built
    1940
    Floors in Building
    1
    Flooring type
    Wood
    Building materials
    Board & Batten Siding, Frame, Wood Siding
    Roof type
    Fiberglass

    We can help!

    Listing Contact
    Gail Vesely

    Lucille Hand Real Estate (845) 647-8020

    Listing agent Gail Vesely (845) 901-4553

    Listing date Feb 8, 2026

    MLS# 20260502

    Copyright © 2026 Hudson Valley Catskill Region 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

    Kerhonkson Commercial Location on Highway

    This commercial property is located on a busy section of US highway 209. The 735 square foot building features a unique interior with wood, stone, and brick elements, offering rustic charm suitable for various businesses or office spaces. The layout includes a main central room and a breakroom/storage space at the rear. Climate control is provided by mini-split air units for both air conditioning and heating. The property also features on-demand electric hot water, town water, and a private septic system. Situated just before the hamlet of Kerhonkson when approaching from the south, the property benefits from highway road frontage, high visibility, and a good traffic count. Historically, the property has served various purposes, including a real estate office and office space for a trucking logistics company. The property offers possibilities for various enterprises and could be modified for a food/cafe type business. Parking is available on both sides of the building, with entrances on each side, including one with a ramp. The lot size is 0.77 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Restaurant Real Estate Agency Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Auto Repair Shop Hotel & Motel Pharmacy Kitchen & Bath Showroom

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

    Location Insight

    • Map
    • Local Demand
    City
    Kerhonkson
    County
    Ulster
    State
    New York
    Longitude
    -74.306206
    Latitude
    41.774164

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    FAQs

    What type of property is this?
    Office space - Commercial property on a busy highway suitable for various businesses.
    Where is this office space located?
    The property is located at 6437 Route 209 Kerhonkson, NY.
    What is the asking price?
    The asking price for this property is $299,000.
    What are key features of this property?
    This property features: - Prime commercial location on busy US Highway 209 with high visibility and traffic count.; - Unique rustic interior with wood, stone, and brick, suitable for various business types.; - Parking on both sides of the building with entrances on each side, including a ramp.
    (845) 901-4553
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    6437 Route 209 Kerhonkson, NY 12446
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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
    6437 Route 209 Kerhonkson, NY 12446
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    We can help!
    Listing Contact
    Gail Vesely
    (845) 901-4553
    Learn more
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