Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    158 Route 22 E RETAIL Pawling, NY 12564

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $20 SF/Yr

    Retail, office, and warehouse spaces available in busy Pawling plaza.

    Lot size:
    10.15 Acres

    Property Features for 158 Route 22 E RETAIL

    General Information

    Property type
    Commercial
    Standard status
    Active
    Lot size
    10.15 Acres

    We can help!

    Listing Contact
    Angela J. Briante
    Angela J. Briante
    Source: Elliman

    Listing Agency: BRIANTE REALTY GROUP, LLC Listing Agent: Angela J. Briante

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Retail, Office, and Warehouse Space

    Located on the heavily trafficked Route 22 corridor, with an average daily traffic count of 19,000, this plaza offers retail, office, and warehouse spaces. Available spaces include a 4,200-square-foot retail/office space and a 12,000-square-foot warehouse. The plaza is connected to a Hannaford Supermarket-anchored plaza, sharing a large parking lot and benefiting from substantial foot traffic. Access to the plaza is facilitated by a signaled traffic light. Route 22 serves as the primary north-south thoroughfare, with convenient access to Interstate 684/84 for east-west travel. A pad site directly on Route 22 is also available, along with a warehouse located in the back of the property. This location is suitable for retail and office businesses.
    Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Real Estate Agency Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Pawling
    County
    Dutchess
    State
    New York
    Longitude
    -73.5830201
    Latitude
    41.5362144

    Nearby Similar for Lease

    • New
      $3,000 /Mo
      Pending

      Prime Commercial Space on Route 22

      2,700 SF Class A space available for immediate occupancy.
      592 Route 22, Pawling, NY 12564
      View Details
    • $20 SF/Yr
      442,134 SF

      Pawling Retail/Office & Warehouse Space

      Retail/office and warehouse space available in busy Pawling plaza.
      158 Route 22, Pawling, NY 12564
      View Details
    • $15 SF/Yr
      12,400 SF

      Pawling Warehouse with Retail Option

      12,400 SF warehouse with optional 4,200 SF retail space.
      158 Route 22, Pawling, NY 12564
      View Details
    • $895 /Mo

      Charming Village Office Space Available

      Light-filled office in renovated building with on-site parking.
      54 E Main St, Pawling, NY 12564
      View Details
    • $3,000 /Mo

      Pawling Commercial Space for Rent

      2,700 SF Class A commercial space available for immediate occupancy.
      592 Route 22, Pawling, NY 12564
      View Details
    • $895 /Mo

      Renovated Village Office Space

      Light-filled office in renovated building with parking and easy access.
      54 E Main St, Pawling, NY 12564
      View Details
    • $1,750 /Mo

      Pawling Office Space For Rent

      Office space built out as a school available for rent.
      527 Route 22, Pawling, NY 12564
      View Details
    • $1,750 /Mo

      Pawling Office Space For Rent

      Office space built out as a school available for rent.
      527 Route 22, Pawling, NY 12564
      View Details
    • $1,475 /Mo

      Pawling Office Space For Lease

      Prime office space in Dutchess Court Plaza, Pawling, NY.
      145 201, Pawling, NY 12564
      View Details
    • $1,475 /Mo

      Prime Office Space For Lease

      Office space for lease in Dutchess Court Plaza, Pawling, NY.
      145 Route 22, Pawling, NY 12564
      View Details
    • $1,750 /Mo

      Office Space Built Out as School

      Office space available for rent, previously used as a school.
      527 Route 22, Pawling, NY 12564
      View Details
    • $15 SF/Yr

      Versatile Warehouse Space For Rent

      12,400 sqft warehouse space in a prime commercial corridor.
      158 Warehouse, Pawling, NY 12564
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail, office, and warehouse spaces available in busy Pawling plaza.
    Where is this retail space located?
    The property is located at 158 Route 22 E RETAIL Pawling, NY.
    What is the lease rate?
    The lease rate is $20 SF/Yr.
    What are key features of this property?
    This property features: - High-traffic location on Route 22 with 19,000 AADT; - Anchored by Hannaford Supermarket with shared parking; - Signalized traffic light access
    (845) 225-2020
    Request Owner's contact information
    158 Route 22 E RETAIL Pawling, NY 12564
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    158 Route 22 E RETAIL
    Pawling, NY 12564
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    158 Route 22 E RETAIL Pawling, NY 12564
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Angela J. Briante
    Angela J. Briante
    Real Estate License ID: 10491201787
    (845) 225-2020 (914) 806-1950
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!