First-Floor Professional Office
New
For Sale
Contact for pricing
395 Main Street, Oneonta, NY 13820
Two private offices, a conference room, and shared central workspace support a range of professional operations.
Property Size800 SF
Price / SF$1.88
Days on Market3
Property Features for 395 Main Street
General Information
Standard status
Active
Size
800 SF
Additional Details
Floor
First Floor
Property Use
Office
Listing Agency:
EXIT Realty Homeward Bound
(607) 353-8060
Listed By:
Suzanne Darling GRI · License #10301204653
(607) 563-7012
Source:
Nicholcityrealty
Added: Oct 30
Changed: Oct 31
Last Checked: Nov 1 at 5:21AM
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 EXIT Realty Homeward Bound
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Investment Insights
Based on property information with market context.
This 800-square-foot office suite occupies the first floor and is configured with two separate offices, a central work area, and a conference room. The layout also includes a half bathroom and kitchenette. Heat, central air, electricity, and weekly cleaning are included with the suite.
An off-street parking lot serves the property at 395 Main Street in Oneonta, across from Fox Hospital.
An off-street parking lot serves the property at 395 Main Street in Oneonta, across from Fox Hospital.
Key Highlights
- 800 square feet on the first floor
- Two separate offices and a central area
- Conference room, half bathroom, and kitchenette
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$10,109
Suggested Prices Based on Cap Rates
Cap Rate 5%
$202,180
$202.2K
Cap Rate 7%
$144,414
$144.4K
Cap Rate 9%
$112,322
$112.3K
Market Conditions
NOI Build-Up for 800 SF
Gross rent
$17.3K $21.60/SF
− Vacancy
−$3.8K −$4.75/SF
EGI
$13.5K $16.85/SF
− OpEx
−$3.4K −$4.21/SF
NOI
$10.1K $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%
$202,180
Cap Rate 7%
$144,414
Cap Rate 9%
$112,322
Alternative Uses
Best Use
Office B
$144.4K
$126.4K – $168.5K
NOI $10,109 @ 7.0% cap · market cap 673.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$220.5K
$193.0K – $257.3K
NOI $15,437 @ 7.0% cap · market cap 1,029.13%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
862
Businesses Nearby
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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - Two private offices, a conference room, and shared central workspace support a range of professional operations.
Where is this office unit located?
The property is located at 395 Main Street Oneonta, NY.
What are key features of this property?
This property features: 800 square feet on the first floor; Two separate offices and a central area; Conference room, half bathroom, and kitchenette
