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Office Building With Private Offices
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15 Irving Ave, Granville, NY 12832

Finished professional space includes reception, waiting, and two bathrooms.

Property Size2,576 SF
Lot Size0.36 Acres
Price / SF$193.32
Days on Market231
Rey
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Property Features for 15 Irving Ave

General Information

Standard status Active
Size 2,576 SF
Lot size 0.36 Acres
Property subtype Office

Additional Details

Floor Main Level
Utilities to Site Yes

Amenities

central air conditioning
Generac generator

Building Details

Buildings 1
Building Size 2,576 SF
Tenancy Single
Listing Agency: Carrow Real Estate Services
Listed By: Amber Hensley · License #NY
Source: Crexi
Added: Feb 26 Changed: Oct 3 Last Checked: Oct 14 at 11:59PM

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 Carrow Real Estate Services

Investment Insights

Based on property information with market context.

This office building provides 1,288 SF of finished main-level space on a 0.36-acre double lot. The layout includes a waiting room with reception area, six private offices, and two bathrooms, supporting a range of professional service operations. A full unfinished basement adds another 1,288 square feet for storage or additional buildout.

The property is served by municipal water and sewer and includes central air conditioning. A Generac generator is also installed. Located at 15 Irving Ave in Granville, NY, the building combines dedicated office rooms with supporting utility and storage areas.

Key Highlights

  • 1,288 SF of finished main‑level office space
  • Six private offices with waiting room and reception area
  • Full unfinished basement adds 1,288 square feet

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,620
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,400 $332.4K
Cap Rate 7%
$237,429 $237.4K
Cap Rate 9%
$184,667 $184.7K
Market Conditions
NOI Build-Up for 1,288 SF
Gross rent
$28.6K $22.20/SF
− Vacancy
−$6.4K −$5.00/SF
EGI
$22.2K $17.21/SF
− OpEx
−$5.5K −$4.30/SF
NOI
$16.6K $12.90/SF
Area
Washington County, NY
Vacancy
22.50%
Lease Rate
$22.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$332,400
Cap Rate 7%
$237,429
Cap Rate 9%
$184,667

Alternative Uses

Best Use
Office B
$237.4K
$207.8K – $277.0K (±1% cap)
NOI $16,620 @ 7.0% cap · market cap 6.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.5K
$279.6K – $372.8K (±1% cap)
NOI $22,368 @ 7.0% cap · market cap 8.98%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Morse James O ... Physician

Suggested Use

Top Pick Parking Lot & Garage Auto Repair Shop Plumbing Service Grocery & Convenience Store Kitchen & Bath Showroom Storage Facility

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

249
Businesses Nearby

Demographics for 12832, NY

6,559
Population
3,136
Households
2.1
Avg Household Size
47
Median Age
19%
College-Educated
89%
High-School Grad
79.0 sq mi
ZIP Area
83
Density / Sq Mi
$66,415
Median Household Income
$39,343
Median Earnings
$705
Median Rent
$155,300
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office building - Finished professional space includes reception, waiting, and two bathrooms.
Where is this office building located?
The property is located at 15 Irving Ave Granville, NY.
What is the asking price?
The asking price for this property is $249,000.
What are key features of this property?
This property features: 1,288 SF of finished main‑level office space; Six private offices with waiting room and reception area; Full unfinished basement adds 1,288 square feet
(518) 788-7206 Call to check price and availability
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