Versatile Commercial Building on Route
1995 Route 6 Carmel, NY 10512
1995 Route 6, Carmel, NY, 10512
$1,299,000
For Sale
$1,299,000
High-visibility commercial building suitable for diverse business uses.
Property Size5,758 SF
Price / SF$225.60
Days on Market96
Property Features for 1995 Route 6
General Information
- Standard status
- Active
- Size
- 5,758 SF
- Property subtype
- Commercial
Listing Agency
RE/MAX Ace Realty
(914) 497-1572
Listed by
Robert T. Washburn · License #10311200367
(914) 497-1572
Source
Elliman
Added: Apr 12 Checked: Jul 16 at 8:48 am
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 RE/MAX Ace Realty
Investment Insights
Based on property information with market context.
This well-maintained commercial building offers 5,758 square feet of space and is located at a signalized intersection on Route 6, near the I-684/I-84 interchange. The property features expansive open workspaces, multiple private offices, an oversized conference room, and an executive suite with a full bath. There are five restrooms, including three that are ADA-compliant. The building includes a passenger elevator, an on-site generator, and a secure bank vault. Public water and sewer are connected, and natural gas is available at the street level. The parking lot accommodates over 60 vehicles and provides ADA access for employees and clients. The property is zoned to allow for light industry, veterinary services, fitness centers, retail, restaurants, offices, and service businesses. It is suitable for an owner-user or investor.
Key Highlights
- High‑visibility location at a signalized intersection on Route 6, near the I‑684/I‑84 interchange in a high‑traffic area.
- Versatile zoning allows for a wide range of uses: light industry, veterinary, fitness, retail, restaurant, office, and service.
- Expansive parking lot accommodates 60+ vehicles with seamless ADA access.
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 | $156.2k | $27.12 |
| − Vacancy | −$21.9k | −$3.80 |
| EGI | $134.3k | $23.32 |
| − OpEx | −$33.6k | −$5.83 |
| NOI | $100.7k | $17.49 |
5,758 SF · lease $27.12/SF/yr · vacancy 14.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,721 @ 7.0% cap · market cap 7.75%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.81M
$3.33M – $4.44M
NOI $266,495 @ 7.0% cap · market cap 20.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - High-visibility commercial building suitable for diverse business uses.
Where is this office building located?
The property is located at 1995 Route 6 Carmel, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: High‑visibility location at a signalized intersection on Route 6, near the I‑684/I‑84 interchange in a high‑traffic area.; Versatile zoning allows for a wide range of uses: light industry, veterinary, fitness, retail, restaurant, office, and service.; Expansive parking lot accommodates 60+ vehicles with seamless ADA access.
