Two-Room Office
393 Main Street, Oneonta, NY 13820
For Sale
Contact for pricing
Shared amenities include a conference room, kitchen, lounge, bathroom with shower, and laundry room.
Property Size275 SF
Price / SF$2.00
Days on Market50
Property Features for 393 Main Street
General Information
Standard status
Size
Additional Details
Utilities to Site
Amenities
lounge
conference room
full bathroom
laundry room
Listing Agency:
Dudley Realty Inc
Listed By:
Timothy Sagasti · License NY #10401260206
(607) 431-8181
Source:
Nicholcityrealty
Added: Sep 26
Changed: Oct 25
Last Checked: Nov 12 at 7:17AM
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 Dudley Realty Inc
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Investment Insights
Based on property information with market context.
Suite 109 is a two-room office suite measuring 275 square feet. The interior suite has no windows. Heat and air conditioning, electricity, water and sewer, and high-speed internet with Ethernet and Wi-Fi connections are included. Shared facilities comprise a lounge with a full kitchen, a conference room with a TV, a bathroom with a shower, and a laundry room.
The property is at 393 Main Street in Oneonta, across from Bassett A.O. Fox Hospital and next to a deli. Parking is available on site.
The property is at 393 Main Street in Oneonta, across from Bassett A.O. Fox Hospital and next to a deli. Parking is available on site.
Key Highlights
- 275‑square‑foot, two‑room office suite
- Suite 109 is an interior space with no windows
- Heat and air conditioning, electric, water and sewer, and high‑speed internet included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$3,475
Suggested Prices Based on Cap Rates
Cap Rate 5%
$69,500
$69.5K
Cap Rate 7%
$49,643
$49.6K
Cap Rate 9%
$38,611
$38.6K
Market Conditions
NOI Build-Up for 275 SF
Gross rent
$5.9K $21.60/SF
− Vacancy
−$1.3K −$4.75/SF
EGI
$4.6K $16.85/SF
− OpEx
−$1.2K −$4.21/SF
NOI
$3.5K $12.64/SF
Area
Otsego County, NY
Vacancy
22.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$69,500
Cap Rate 7%
$49,643
Cap Rate 9%
$38,611
Alternative Uses
Best Use
Office B
$49.6K
$43.4K – $57.9K
NOI $3,475 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$75.8K
$66.3K – $88.4K
NOI $5,306 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 13820, NY
21,605
Population
10,083
Households
2.1
Avg Household Size
30
Median Age
40%
College-Educated
91%
High-School Grad
107.3 sq mi
ZIP Area
201
Density / Sq Mi
$66,217
Median Household Income
$26,154
Median Earnings
$983
Median Rent
$176,300
Median Home Value
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Market
Average Price Trend$/SF for Office Spaces in Oneonta, NY
Properties on Market for Office Spaces in Oneonta
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office space - Shared amenities include a conference room, kitchen, lounge, bathroom with shower, and laundry room.
Where is this office space located?
The property is located at 393 Main Street Oneonta, NY.
What are key features of this property?
This property features: 275‑square‑foot, two‑room office suite; Suite 109 is an interior space with no windows; Heat and air conditioning, electric, water and sewer, and high‑speed internet included
