City View Professional Office
1630 Empire Blvd, Webster, NY 14580
Second-floor condo office in Webster, NY, suitable for medical or professional use.
Type:Office
Property size:
2,868 SFPrice / SF:
$144/SF- Added:
- Jul 14, 2025
- Days on Market:
- 349
- Last Refresh:
- Mar 16 at 1:20 pm
Property Features for 1630 Empire Blvd
General Information
- Standard status
- Active
- Size
- 2,868 SF
- Property subtype
- Office
Building Details
- Year Built
- 1992
Listing office Hunt Real Estate
Listing date Jul 14, 2025
Source Crexi
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 Hunt Real Estate
HighLights
- Prime location on the border of Webster and Penfield, NY.
- Versatile space adaptable for any medical or professional office use.
- Private elevator leading directly to a welcoming lobby/reception area.
- Previously an OBGYN practice, with existing exam rooms and lab.
- Build‑to‑suit options available to accommodate specific requirements.
- Includes four private offices, seven exam rooms, two bathrooms, and a break room.
Overview
The City View Professional Building offers a second-floor condo office space suitable for medical or professional use. Located on the border of Webster and Penfield, NY, the property was previously used as an OBGYN practice. The 2,868 square-foot space includes a private elevator that opens directly into a lobby and reception area. The layout features four private offices, seven exam rooms, and two dedicated bathrooms. A fully equipped lab and a break room are also included. The owner offers build-to-suit options to accommodate specific requirements.
Local Financial Insights For Healthcare Medical
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 | $63.0k | $21.96 |
| − Vacancy | −$7.9k | −$2.75 |
| EGI | $55.1k | $19.22 |
| − OpEx | −$22.0k | −$7.69 |
| NOI | $33.1k | $11.53 |
2,868 SF · lease $21.96/SF/yr · vacancy 12.50% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$472.4K
$413.3K – $551.1K
NOI $33,065 @ 7.0% cap · market cap 7.97%
Second Best
Office B
$308.4K
$269.9K – $359.8K
NOI $21,590 @ 7.0% cap · market cap 5.20%
Theoretical Best
Specialty Retail
$550.6K
$481.8K – $642.3K
NOI $38,540 @ 7.0% cap · market cap 9.29%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Peter Pellittieri, DDS ...
Dental Office
Women Gynecology & Childbirth: ...
Physician
Women Gynecology & Childbirth: ...
Physician
Morningstar Elizabeth D ...
Physician
Ami - OBGYN - Webster
Medical Clinic
Similar Places Nearby
- Bayview Animal Hospital — 1217 Bay Rd Suite 1A, Webster, NY 14580
- Laurelton Bayside Animal Hospital — 1467 Empire Blvd, Webster, NY 14580
- Bender Joanna DVM — 1217 Bay Rd Suite 1A, Webster, NY 14580
Location Insight
- Map
- Local Demand
- City
- Webster
- County
- Monroe
- State
- New York
- Longitude
- -77.507703
- Latitude
- 43.18162
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - Second-floor condo office in Webster, NY, suitable for medical or professional use.
Where is this medical office space located?
The property is located at 1630 Empire Blvd Webster, NY.
What is the asking price?
The asking price for this property is $414,900.
What are key features of this property?
This property features: Prime location on the border of Webster and Penfield, NY.; Versatile space adaptable for any medical or professional office use.; **Private elevator leading directly to a welcoming lobby/reception area.**
