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    Newly Constructed Creative Workspace Title is generated by Realmo AI

    267 Tinker Street, Woodstock, NY 12498

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    Claim this Listing
    For Lease
    $2,000 /Mo

    COMMERCIAL - Woodstock, NY

    Type:Office
    Added:
    Aug 1, 2025
    Days on Market:
    289
    Last Refresh:
    May 16 at 9:06 pm

    Property Features for 267 Tinker Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Property condition
    Under Construction
    Zoning
    IND
    Bathrooms
    2
    Rooms
    Bathroom 2, Bathroom 1
    Standard status
    Active

    Building Details

    Year built
    2025

    We can help!

    Listing Contact
    Melissa Zoe Hirsch

    Listing agent Melissa Zoe Hirsch License #10351216259

    Listing office Coldwell Banker Village Green 11-13 Mill Hill Road, Kingston, NY

    Listing date Aug 1, 2025

    MLS# 20253396

    Copyright © 2026 Hudson Valley Catskill Region MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Three newly constructed, high‑end artist workspaces with thoughtful design.
    • Convenient NYC bus route access with direct drop‑off/pick‑up to Port Authority.
    • Luxurious bathroom with steam shower, marble, and heated floors.
    • Full house generator ensures power and heat during outages.
    • Included lawn care, snow removal, and garbage service.
    • Upper‑level studio with kitchenette, extra deep attic storage, and wall‑mounted split air units.

    Overview

    The newly constructed Reilly House offers three distinct workspaces, each featuring high-end renovation and design. Located in the heart of the Woodstock/Bearsville corridor, the property provides modern luxury. Space 2, an upper-level studio measuring 21x18, offers a unique floor plan with versatile space. The bathroom includes a steam shower surrounded by glass and marble, along with heated floors. A kitchenette and extra deep attic storage are available. Wall-mounted split air units provide climate control. A stone patio common area is accessible to all units. The property includes a full house generator to supply power and heat during electric service outages. Off-street parking is available. Lawn care, snow removal, and garbage service are included. The property is located on the NYC bus route with direct drop off and pick up to Port Authority.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Creative space

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Auto Repair Shop Gym & Fitness Center Skin Care Clinic Hotel & Motel Bar & Pub Kitchen & Bath Showroom Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodstock
    County
    Ulster
    State
    New York
    Longitude
    -74.149151
    Latitude
    42.040183

    Nearby Similar for Lease

    • $3,000/Mo
      3,600 SF

      Bearsville Prime Commercial Space

      Versatile commercial space in a high-traffic destination for lease.
      297 Tinker Street #Sr, Woodstock, NY 12498
      View Details
    • $4,000/Mo
      3,600 SF

      Bearsville Center Retail with Kitchen

      Versatile commercial space in high-traffic destination near Woodstock.
      297 Tinker Street, Woodstock, NY 12498
      View Details

    FAQs

    What type of property is this?
    Creative space - Newly built workspace with modern luxury in the Woodstock/Bearsville corridor.
    Where is this creative space located?
    The property is located at 267 Tinker Street Woodstock, NY.
    What is the lease rate?
    The lease rate is $2,000 /Mo.
    What are key features of this property?
    This property features: Three newly constructed, high‑end artist workspaces with thoughtful design.; Convenient NYC bus route access with direct drop‑off/pick‑up to Port Authority.; Luxurious bathroom with steam shower, marble, and heated floors.
    (845) 332-6984
    We can help!
    Listing Contact
    Melissa Zoe Hirsch
    Real Estate License ID: 10351216259
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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