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    Harriman Village Commercial Building Opportunity Title is generated by Realmo AI

    One Maple Ave, Harriman, NY 10926

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    For Sale
    $339,000

    One-story building in Harriman, NY, suitable for various business purposes.

    Type:Commercial
    Added:
    May 9, 2026
    Days on Market:
    15
    Last Refresh:
    May 9 at 2:03 am

    Property Features for One Maple Ave

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    Richard J Wawrynek

    Listing agent Richard J Wawrynek

    Listing office HOWARD HANNA RAND REALTY

    Listing date May 9, 2026

    Source Elliman

    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 HOWARD HANNA RAND REALTY

    HighLights

    • High‑visibility corner location in the Village of Harriman with ample parking for 12+ vehicles.
    • Versatile building suitable for office, retail, business service, or restaurant use.
    • Close proximity to Woodbury Commons, bus/rail to NYC, and major roadways.
    • Municipal water/sewer, central air, and natural gas.
    • Potential for hybrid business/residential use.
    • Well‑maintained building with working mechanicals and a loading dock.

    Overview

    Located at the corner of Maple and Grove in the Village of Harriman, Orange County, New York, this one-story brick and masonry building offers a high-visibility corner location. Constructed in 1976, the building formerly served as the Harriman post office and more recently as the Harriman Police Station. The property features ample parking for over 12 vehicles and is serviced by municipal water and sewer, central air, and natural gas. The interior includes multiple rooms suitable for various purposes and ample storage space. A loading dock is also present. The building has been well-maintained, and all mechanical systems are in working order. The property's location offers close proximity to the Woodbury Commons premium outlets, bus and rail transportation to NYC, and major roadways. Potential uses include office, retail, business service, or restaurant. The property may also allow for a hybrid business/residential usage, similar to other buildings in the village. The building has a walk score of 42, indicating car-dependence, and a bike score of 16, indicating it is somewhat bikeable.
    Location Intelligence

    Current Use by Public Records

    Storefront properties

    Map

    City
    Harriman
    County
    Orange
    State
    New York
    Longitude
    -74.1403
    Latitude
    41.2503

    Nearby Similar for Sale

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      Harriman Corner Commercial Building For Sale

      One-story brick building in Harriman, NY, with ample parking.
      One Maple Avenue, Harriman, NY 10926
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    • Contact for pricing

      Retail Space Near Transportation Hub

      Retail space with flexible zoning and high-traffic location.
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    FAQs

    What type of property is this?
    Storefront property - One-story building in Harriman, NY, suitable for various business purposes.
    Where is this storefront property located?
    The property is located at One Maple Ave Harriman, NY.
    What is the asking price?
    The asking price for this property is $339,000.
    What are key features of this property?
    This property features: High‑visibility corner location in the Village of Harriman with ample parking for 12+ vehicles.; Versatile building suitable for office, retail, business service, or restaurant use.; Close proximity to Woodbury Commons, bus/rail to NYC, and major roadways.
    (845) 774-5536
    We can help!
    Listing Contact
    Richard J Wawrynek
    Learn More
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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.

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