Renovated Flex Building in
126 Industrial Park Dr Frankfort, NY
For Sale
Contact for pricing
65,100± SF flex building with office and warehouse space.
Property Size65,100 SF
Lot Size9.80 Acres
Price / SF$115.21
Days on Market368
Property Features for 126 Industrial Park Dr
General Information
- Standard status
- Active
- Size
- 65,100 SF
- Lot size
- 9.80 Acres
- Property subtype
- FLEX_R_AND_D
Properties For Sale
at 126 Industrial Park Dr Contact us
Listing Agency:
Pavia Real Estate Services
(315) 736-1555
Listed By:
Dominic Pavia · License #49PA1151344
Source:
Moodyscre
Added: Jul 24, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:28AM
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 Pavia Real Estate Services
Investment Insights
Based on property information with market context.
This is a 65,100± square foot newly renovated flex building located in Frankfort, New York. The Butler style construction includes approximately 30,000 square feet of office space and 35,100 square feet of warehouse or manufacturing space, along with a studio and gym. The property features 3 dock level doors and 3 ground level overhead doors. A pad has been prepared for additional expansion.
Key Highlights
- Newly renovated 65,100 ± SF flex building.
- Features 30,000 ± SF office space, 35,100 ± SF warehouse/manufacturing space, studio & gym.
- Butler style construction.
Financial Insights For Flex RnD
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 | $859.3k | $13.20 |
| − Vacancy | −$103.1k | −$1.58 |
| EGI | $756.2k | $11.62 |
| − OpEx | −$264.7k | −$4.07 |
| NOI | $491.5k | $7.55 |
65,100 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$7.02M
$6.14M – $8.19M
NOI $491,531 @ 7.0% cap · market cap 6.55%
Second Best
Warehouse
$6.98M
$6.11M – $8.15M
NOI $488,905 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$17.16M
$15.01M – $20.01M
NOI $1,200,861 @ 7.0% cap · market cap 16.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Northern Safety Custom ...
Building Supply
FAQs
What type of property is this?
Flex space - 65,100± SF flex building with office and warehouse space.
Where is this flex space located?
The property is located at 126 Industrial Park Dr Frankfort, NY.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: Newly renovated 65,100 ± SF flex building.; Features 30,000 ± SF office space, 35,100 ± SF warehouse/manufacturing space, studio & gym.; Butler style construction.
