Medical Office
2860 Westinghouse Rd Horseheads, NY 14845
2860 Westinghouse Rd, Horseheads, NY, 14845
$275,000
For Sale
$275,000
Office building with a foyer entry, large waiting room, private rooms currently used for dental work, and central air.
Property Size2,376 SF
Price / SF$115.74
Days on Market394
Property Features for 2860 Westinghouse Rd
General Information
- Standard status
- Active
- Size
- 2,376 SF
- Property subtype
- Office
Building Details
- Year Built
- 1976
Listing agency
(607) 738-8900
Listed by
Howard Hanna Elmira
(607) 738-8900
Source
Xome
Added: Jun 24, 2025 Updated: Jul 22 at 1:51AM Checked: Jul 22 at 3:55AM
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 Howard Hanna Elmira
Investment Insights
Based on property information with market context.
This well-built, well-maintained office building is laid out for professional use, with a foyer entry, a large waiting room, and a reception/secretarial area that includes storage shelving and closets. The interior also features seven private rooms currently used for dental work, along with two half baths and additional storage. Central air and all public utilities are in place, and the property includes plenty of blacktop parking. A large storage shed is also on site, and there is a double lot that can support building expansion or an additional building.
The building is described as centrally located with high visibility on Westinghouse Rd in Horseheads, NY.
The dental equipment is not included.
The building is described as centrally located with high visibility on Westinghouse Rd in Horseheads, NY.
The dental equipment is not included.
Key Highlights
- Office building with a foyer entry and a large waiting room
- Reception/secretarial area with storage shelving and closets, plus 7 private rooms currently used for dental work
- Includes 2 half baths, additional storage, and carpet flooring
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 | $34.2k | $14.40 |
| − Vacancy | −$4.1k | −$1.73 |
| EGI | $30.1k | $12.67 |
| − OpEx | −$7.5k | −$3.17 |
| NOI | $22.6k | $9.50 |
2,376 SF · lease $14.40/SF/yr · vacancy 12.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$322.6K
$282.3K – $376.4K
NOI $22,582 @ 7.0% cap · market cap 8.21%
Second Best
Healthcare Medical
$280.4K
$245.3K – $327.1K
NOI $19,625 @ 7.0% cap · market cap 7.14%
Theoretical Best
Multifamily LT 5
$21.63M
$18.93M – $25.23M
NOI $1,514,018 @ 7.0% cap · market cap 550.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Dr. James T. ...
Dental Office
Rock Karen
Dental Office
Woodard & Mack
Dental Office
Grannis Jill
Dental Office
Mack Andrew N ...
Dental Office
Similar For Sale Nearby
Similar Off Market Nearby
- P.A.W.S of NY — 517 Gardner Rd, Horseheads, NY 14845
- All Ears Veterinary Clinic PLLC Horseheads — 2912 Westinghouse Rd, Horseheads, NY 14845
FAQs
What type of property is this?
Medical Office Space - Office building with a foyer entry, large waiting room, private rooms currently used for dental work, and central air.
Where is this medical office space located?
The property is located at 2860 Westinghouse Rd Horseheads, NY.
What is the asking price?
The asking price for this property is $275,000.
What are key features of this property?
This property features: Office building with a foyer entry and a large waiting room; Reception/secretarial area with storage shelving and closets, plus 7 private rooms currently used for dental work; Includes 2 half baths, additional storage, and carpet flooring
