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Four-Room Office Suite

200 Route 32 #202-204, Central Valley, NY 10917

For Sale
Contact for pricing

Second-floor premises include elevator access and on-site parking in a professional building.

Property Size700 SF
Price / SF$1.71
Days on Market37

Property Features for 200 Route 32 #202-204

General Information

Standard status Active
Size 700 SF
Elevators Yes
Property subtype Office

Space & Availability

Floor 2
Condition Turnkey

Site & Location

Road Access Yes
Public Transit Yes

Additional Details

Property Use Office

Building Details

Year Built 1975
Tenancy Multi
Listing Agency: Keller Williams Realty
Listed By: Chris Scibelli · License #10491200206
Source: Neilcharlesrealestate
Added: Oct 2 Changed: Nov 7 Last Checked: Nov 6 at 3:55PM

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 Keller Williams Realty

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 700-square-foot office suite is arranged as four rooms on the building’s second floor. The front-facing layout receives natural light, and elevator service connects the suite to the rest of the property. The building dates to 1975 and provides on-site parking.

Located on Route 32, the property is less than one mile from Woodbury Common Premium Outlets. Public transportation routes, town services, local schools, and dining options are nearby. Neighboring occupants include therapists and local service providers.

Key Highlights

  • 700‑square‑foot, four‑room office suite
  • Second‑floor suite with elevator access
  • Front‑facing layout with natural light

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,713
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,260 $234.3K
Cap Rate 7%
$167,329 $167.3K
Cap Rate 9%
$130,144 $130.1K
Market Conditions
NOI Build-Up for 700 SF
Gross rent
$18.8K $26.88/SF
− Vacancy
−$3.2K −$4.57/SF
EGI
$15.6K $22.31/SF
− OpEx
−$3.9K −$5.58/SF
NOI
$11.7K $16.73/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$26.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$234,260
Cap Rate 7%
$167,329
Cap Rate 9%
$130,144

Alternative Uses

Best Use
Office B
$167.3K
$146.4K – $195.2K (±1% cap)
NOI $11,713 @ 7.0% cap · market cap 976.08%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$237.1K
$207.5K – $276.6K (±1% cap)
NOI $16,596 @ 7.0% cap · market cap 1,383.00%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Plumbing Service Building Supply Garden Center Storage Facility (Bike/Boat/Book/etc) Store

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

Multi-tenant
Tenancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

388
Businesses Nearby

Demographics for 10917, NY

1,973
Population
611
Households
3.2
Avg Household Size
40
Median Age
46%
College-Educated
93%
High-School Grad
4.8 sq mi
ZIP Area
411
Density / Sq Mi
$126,522
Median Household Income
$57,735
Median Earnings
$553,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Office Units in Orange County

Jul
Aug
Sep
Oct

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 unit - Second-floor premises include elevator access and on-site parking in a professional building.
Where is this office unit located?
The property is located at 200 Route 32 #202-204 Central Valley, NY.
What are key features of this property?
This property features: 700‑square‑foot, four‑room office suite; Second‑floor suite with elevator access; Front‑facing layout with natural light
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