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Upper-Level Office Units with Elevator
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49 Jefferson Street, Schroeppel, NY 13135

Multi-room layout offers storage, restrooms, and a separate entrance.

Property Size14,190 SF
Price / SF$0.17
Days on Market59

Property Features for 49 Jefferson Street

General Information

Standard status Active
Size 14,190 SF
Total Parking Spaces 20
Elevators Yes

Additional Details

Floor 2
Utilities to Site Yes
Office Units 5

Amenities

central hallway
two bathrooms
custodial closet with utility sink
LED lighting
separate entrance
snow & ice management
commercial kitchen access
ample storage space

Building Details

Buildings 1
Listing Agency: Howard Hanna Real Estate
Listed By: Robert Morris · License #10301212335
Source: Nicholcityrealty
Added: Sep 7 Changed: Oct 29 Last Checked: Nov 3 at 6:38AM

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 Real Estate

Rey
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Investment Insights

Based on property information with market context.

This upper-level office offering occupies 2,700+ square feet within a larger church building. The space is arranged as 5 rooms of varying sizes, each with windows and storage, along with a central hallway and entry or exit doors at both ends. Two bathrooms provide a total of 3 stalls, and a custodial closet includes a utility sink. A separate entrance, elevator, and stair access support convenient circulation. LED lighting is installed, and central baseboard heat is supplied by a boiler installed in 2024.

The property is one block from Main Street and two blocks from the Oswego River, downtown parks, the business district, and related activities. Off-street parking includes 20 spaces with designated handicap spaces, while additional street parking is available. Commercial kitchen access is also available, and snow and ice management is provided under contract.

Key Highlights

  • 2,700+ square feet on the upper level of a large church building
  • 5 rooms with windows, varied layouts, and storage space in each room
  • 2 bathrooms with a total of 3 stalls

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$149,421
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,988,420 $3.0M
Cap Rate 7%
$2,134,586 $2.1M
Cap Rate 9%
$1,660,233 $1.7M
Market Conditions
NOI Build-Up for 14,190 SF
Gross rent
$255.4K $18.00/SF
− Vacancy
−$56.2K −$3.96/SF
EGI
$199.2K $14.04/SF
− OpEx
−$49.8K −$3.51/SF
NOI
$149.4K $10.53/SF
Area
Oswego County, NY
Vacancy
22.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,988,420
Cap Rate 7%
$2,134,586
Cap Rate 9%
$1,660,233

Alternative Uses

Best Use
Office B
$2.13M
$1.87M – $2.49M (±1% cap)
NOI $149,421 @ 7.0% cap · market cap 6,225.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.83M
$2.48M – $3.30M (±1% cap)
NOI $198,124 @ 7.0% cap · market cap 8,255.17%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The GEM Childcare High School First United Methodist ... Church

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Dental Office Real Estate Agency Plumbing Service (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Office units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby

Demographics for 13135, NY

6,303
Population
2,592
Households
2.4
Avg Household Size
42
Median Age
29%
College-Educated
93%
High-School Grad
32.0 sq mi
ZIP Area
197
Density / Sq Mi
$82,977
Median Household Income
$40,953
Median Earnings
$965
Median Rent
$166,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Multi-room layout offers storage, restrooms, and a separate entrance.
Where is this office unit located?
The property is located at 49 Jefferson Street Schroeppel, NY.
What are key features of this property?
This property features: 2,700+ square feet on the upper level of a large church building; 5 rooms with windows, varied layouts, and storage space in each room; 2 bathrooms with a total of 3 stalls
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