Professional Office Building with
1136 Route 9 Wappingers Falls, NY 12590
1136 Route 9, Wappingers Falls, NY, 12590
$2,290,000
For Sale
$2,290,000
20,000 SF professional office building offers ample parking and high occupancy, with prominent access on Route 9.
Property Size4,000 SF
Price / SF$572.50
Days on Market106
Property Features for 1136 Route 9
General Information
- Standard status
- Active
- Size
- 4,000 SF
Listing agency
Century 21 Alliance Rlty Group
(845) 206-3667
Listed by
John DeMarco · License #NY.10301216451
(845) 206-3667
Source
Exprealty
Added: Apr 7 Updated: Jul 21 at 6:02PM Checked: Jul 21 at 6:02PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Century 21 Alliance Rlty Group
Investment Insights
Based on property information with market context.
This 20,000 SF professional office building is set up for a mix of professional and essential services and is currently 95% occupied. The property is offered as a lease or lease with option to buy, and becoming available shortly is a 4,000 SF suite. The building is established as a location for law firms, engineering, real estate, medical, and other essential services.
The property is located right on busy Route 9 in Wappingers Falls, New York, just minutes from Interstate 84. The surrounding area includes shopping options, restaurants, and residential, with short drives to hospitals, colleges, and major employment and industrial centers mentioned in the area.
The building is positioned for visibility and ease of access along Route 9 and includes ample parking, supporting day-to-day tenant and client traffic.
The property is located right on busy Route 9 in Wappingers Falls, New York, just minutes from Interstate 84. The surrounding area includes shopping options, restaurants, and residential, with short drives to hospitals, colleges, and major employment and industrial centers mentioned in the area.
The building is positioned for visibility and ease of access along Route 9 and includes ample parking, supporting day-to-day tenant and client traffic.
Key Highlights
- 20,000 SF professional office building on busy Route 9 in Wappingers Falls, NY
- 95% occupied, with a 4,000 SF suite becoming available shortly
- Additional 4,000 SF suite offered at below market rent (lease or lease with option to buy)
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.4k | $27.36 |
| − Vacancy | −$24.1k | −$6.02 |
| EGI | $85.4k | $21.34 |
| − OpEx | −$21.3k | −$5.34 |
| NOI | $64.0k | $16.01 |
4,000 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$914.6K
$800.3K – $1.07M
NOI $64,022 @ 7.0% cap · market cap 2.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,285 @ 7.0% cap · market cap 3.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - 20,000 SF professional office building offers ample parking and high occupancy, with prominent access on Route 9.
Where is this office building located?
The property is located at 1136 Route 9 Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $2,290,000.
What are key features of this property?
This property features: 20,000 SF professional office building on busy Route 9 in Wappingers Falls, NY; 95% occupied, with a 4,000 SF suite becoming available shortly; Additional 4,000 SF suite offered at below market rent (lease or lease with option to buy)
