Office Building with
7133 E DOMINICK ST Rome, NY 13440
7133 E DOMINICK ST, Rome, NY, 13440
$399,000
For Sale
$399,000
Office building on a corner lot with reception, shared offices, kitchenette, storage, and bathroom.
Property Size1,453 SF
Lot Size1.00 Acre
Price / SF$274.60
Days on Market1219
Property Features for 7133 E DOMINICK ST
General Information
- Standard status
- Active
- Size
- 1,453 SF
- Lot size
- 1.00 Acre
- Property subtype
- General Commercial
Building Details
- Year Built
- 1955
Listing agency
Shamrock Real Estate Inc
(315) 335-3591
Listed by
Anyssa Harris · License #10311209871
(315) 335-3591
Source
Xome
Added: Mar 23, 2023 Updated: Jul 22 at 7:54PM Checked: Jul 22 at 7:54PM
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 Shamrock Real Estate Inc
Investment Insights
Based on property information with market context.
This office building is situated on a one-acre corner lot and includes a reception area, two large shared offices, a kitchenette, a storage room, and a bathroom. The property also offers parking for occupants and visitors.
The location is described as highly visible, with the site positioned close to Griffiss Technology Park.
The space is well suited for office uses that can benefit from a reception entry, multiple shared office rooms, and back-of-house support areas including storage and a kitchenette.
The location is described as highly visible, with the site positioned close to Griffiss Technology Park.
The space is well suited for office uses that can benefit from a reception entry, multiple shared office rooms, and back-of-house support areas including storage and a kitchenette.
Key Highlights
- 1‑acre corner lot with 20 parking spaces in a highly visible C2‑zoned commercial location
- 1955‑built office building with reception area and shared office space
- Includes kitchenette, storage room, and bathroom
Local 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 | $30.5k | $21.00 |
| − Vacancy | −$6.1k | −$4.20 |
| EGI | $24.4k | $16.80 |
| − OpEx | −$6.1k | −$4.20 |
| NOI | $18.3k | $12.60 |
1,453 SF · lease $21.00/SF/yr · vacancy 20.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$261.5K
$228.9K – $305.1K
NOI $18,308 @ 7.0% cap · market cap 4.59%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$382.9K
$335.0K – $446.7K
NOI $26,803 @ 7.0% cap · market cap 6.72%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office building on a corner lot with reception, shared offices, kitchenette, storage, and bathroom.
Where is this office units located?
The property is located at 7133 E DOMINICK ST Rome, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: 1‑acre corner lot with 20 parking spaces in a highly visible C2‑zoned commercial location; 1955‑built office building with reception area and shared office space; Includes kitchenette, storage room, and bathroom
