Two-Story Office Building For
For Sale
$1,990,000
11 Abrams Rd, Central Valley, NY 10917
Two-story office building with high visibility and lush backyard.
Property Size7,000 SF
Lot Size7.70 Acres
Price / SF$284.29
Days on Market144
Property Features for 11 Abrams Rd
General Information
Standard status
Active
Size
7,000 SF
Lot size
7.70 Acres
Property subtype
Commercial
Listing Agency:
AVION
(845) 388-1216
Listed By:
Avigder Samet
(845) 388-1216
Source:
Elliman
Added: Mar 12
Changed: Jul 6
Last Checked: Aug 2 at 6:31AM
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 AVION
Investment Insights
Based on property information with market context.
This freestanding two-story office building offers over 3,500 square feet of office space on each floor. The property is suitable for investors or owner-users, with the potential to collect rent from unoccupied units. The 7.7-acre backyard provides a green space for meetings or relaxation. High-speed cable internet is included. The ground level features 10 private offices, a communal office space, a pantry area, and bathrooms. The lower level includes 16 private offices, each ranging from 100 to 200 square feet, along with a kitchenette and conference room. The property benefits from a high-visibility location on a busy thoroughfare, making it a potential business center.
Key Highlights
- Freestanding building with over 7,000 SF of office space.
- Income potential from renting unused units.
- High‑visibility location on a busy thoroughfare.
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 | $188.2k | $26.88 |
| − Vacancy | −$32.0k | −$4.57 |
| EGI | $156.2k | $22.31 |
| − OpEx | −$39.0k | −$5.58 |
| NOI | $117.1k | $16.73 |
7,000 SF · lease $26.88/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.67M
$1.46M – $1.95M
NOI $117,130 @ 7.0% cap · market cap 5.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.37M
$2.07M – $2.77M
NOI $165,957 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
119
Businesses Nearby
Explore this area
Business Placement
Demographics for 10917, NY
1,973
Population
611
Households
3.2
Avg Household Size
40
Median Age
46%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
411
Density / Sq Mi
$126,522
Median Household Income
$57,735
Median Earnings
$553,000
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two-story office building with high visibility and lush backyard.
Where is this office building located?
The property is located at 11 Abrams Rd Central Valley, NY.
What is the asking price?
The asking price for this property is $1,990,000.
What are key features of this property?
This property features: Freestanding building with over 7,000 SF of office space.; Income potential from renting unused units.; High‑visibility location on a busy thoroughfare.
