Divisible Second-Floor
New
For Sale
Contact for pricing
21 E 3rd Second floor Street, Jamestown, NY 14701
Occupy the full floor or lease separate office areas to suit different space needs.
Property Size2,754 SF
Price / SF$0.00
Days on Market5
Property Features for 21 E 3rd Second floor Street
General Information
Standard status
Active
Size
2,754 SF
Additional Details
Floor
2nd floor
Listing Agency:
Century 21 Turner Brokers
(716) 763-7506
Listed By:
Daniel Terhune · License #10301217717
(716) 969-1702
Source:
Nicholcityrealty
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 14 at 10:33PM
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 Century 21 Turner Brokers
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The second-floor office space at 21 E 3rd Street in Jamestown comprises 2,754 square feet. It can be leased as one floor or separated into multiple areas, with restrooms available on the same side of the building.
Key Highlights
- 2,754 square feet of second‑floor office space
- Available as a full‑floor suite or in multiple separate areas
- Restrooms are available on the same side of the building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$42,582
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,640
$851.6K
Cap Rate 7%
$608,314
$608.3K
Cap Rate 9%
$473,133
$473.1K
Market Conditions
NOI Build-Up for 2,754 SF
Gross rent
$66.1K $24.00/SF
− Vacancy
−$9.3K −$3.38/SF
EGI
$56.8K $20.62/SF
− OpEx
−$14.2K −$5.15/SF
NOI
$42.6K $15.46/SF
Area
Chautauqua County, NY
Vacancy
14.10%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$851,640
Cap Rate 7%
$608,314
Cap Rate 9%
$473,133
Alternative Uses
Best Use
Office B
$608.3K
$532.3K – $709.7K
NOI $42,582 @ 7.0% cap · market cap 709,700.00%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$824.3K
$721.3K – $961.7K
NOI $57,702 @ 7.0% cap · market cap 961,700.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,759
Businesses Nearby
Explore this area
Business Placement
Demographics for 14701, NY
38,428
Population
19,469
Households
2
Avg Household Size
42
Median Age
25%
College-Educated
90%
High-School Grad
92.6 sq mi
ZIP Area
415
Density / Sq Mi
$50,909
Median Household Income
$34,592
Median Earnings
$769
Median Rent
$98,400
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office units - Occupy the full floor or lease separate office areas to suit different space needs.
Where is this office units located?
The property is located at 21 E 3rd Second floor Street Jamestown, NY.
What are key features of this property?
This property features: 2,754 square feet of second‑floor office space; Available as a full‑floor suite or in multiple separate areas; Restrooms are available on the same side of the building
