Configured Professional Office
127 E 1st Street, Oswego, NY 13126
For Sale
Contact for pricing
Business-district office with reception, waiting area, private rooms, open workspace, and an ADA-compliant bathroom.
Property Size2,640 SF
Price / SF$0.95
Days on Market53
Property Features for 127 E 1st Street
General Information
Standard status
Size
Property subtype
Listing Agency:
Century 21 Galloway Realty
Listed By:
Jeffrey Tonkin · License NY 30TO0955654
(315) 342-2111
Source:
Nicholcityrealty
Added: Sep 18
Changed: Oct 25
Last Checked: Nov 8 at 5:21AM
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 Galloway Realty
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Investment Insights
Based on property information with market context.
Professional office space at 127 E 1st Street in Oswego includes a waiting area, reception and clerical office, exam or service rooms, a large open work area, and an ADA-compliant bathroom. The layout supports office, professional service, salon, or medical-oriented uses.
The property is situated in Oswego’s business district. Utilities are included, although high-consumption appliances or unusually intensive usage may require a tenant contribution.
The property is situated in Oswego’s business district. Utilities are included, although high-consumption appliances or unusually intensive usage may require a tenant contribution.
Key Highlights
- Waiting area, reception and clerical office included
- Exam or service rooms provide private work areas
- Large open workspace supports flexible office configuration
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,799
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,980
$556.0K
Cap Rate 7%
$397,129
$397.1K
Cap Rate 9%
$308,878
$308.9K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$47.5K $18.00/SF
− Vacancy
−$10.5K −$3.96/SF
EGI
$37.1K $14.04/SF
− OpEx
−$9.3K −$3.51/SF
NOI
$27.8K $10.53/SF
Area
Oswego County, NY
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$555,980
Cap Rate 7%
$397,129
Cap Rate 9%
$308,878
Alternative Uses
Best Use
Healthcare Medical
$510.4K
$446.6K – $595.4K
NOI $35,726 @ 7.0% cap
Second Best
Office B
$397.1K
$347.5K – $463.3K
NOI $27,799 @ 7.0% cap
Theoretical Best
Office A
$526.6K
$460.8K – $614.3K
NOI $36,860 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,362
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13126, NY
35,477
Population
15,668
Households
2.3
Avg Household Size
36
Median Age
29%
College-Educated
92%
High-School Grad
100.7 sq mi
ZIP Area
352
Density / Sq Mi
$63,590
Median Household Income
$30,469
Median Earnings
$992
Median Rent
$134,600
Median Home Value
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Market
Average Price Trend$/SF for Office Spaces in Oswego County, NY
Properties on Market for Office Spaces in Oswego County
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office space - Business-district office with reception, waiting area, private rooms, open workspace, and an ADA-compliant bathroom.
Where is this office space located?
The property is located at 127 E 1st Street Oswego, NY.
What are key features of this property?
This property features: Waiting area, reception and clerical office included; Exam or service rooms provide private work areas; Large open workspace supports flexible office configuration
