Listing Agency: Keller Williams Realty Greater Binghamton F***@kw.com Show Phone

Listed By: Frankie Darrow Show Phone

Source: Exprealty

Added: Jul 29 Changed: Aug 30 Last Checked: Aug 30 at 3:58PM

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Investment Insights

Based on property information with market context.

This 1,575-square-foot office unit combines a private first-floor office with an open common area, kitchen, and bathroom. A large loft adds adaptable room for meetings, collaborative work, or additional offices. The space has been recently updated and includes parking for occupants and visitors.

Located at 513 State Route 492 in New Milford, the property sits directly off I-81 at Exit 223. Its highway access connects the office to Binghamton, NY, and Scranton, PA, supporting businesses that serve clients across both states.

Key Highlights

• 1,575‑square‑foot office unit with private office and open common area
• Large loft for meetings, collaborative work, or additional offices
• Kitchen and bathroom included in the first‑floor layout

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick Electrical Service Garden Center Furniture & Home Goods Catering Service Kitchen & Bath Showroom HVAC Service

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

Yes

Highway access

NNN (Triple Net)

Lease Type

$1.37 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

130

Businesses Nearby

Explore this area Business Placement

Demographics for 18834, PA

3,349

Population

1,999

Households

1.7

Avg Household Size

50

Median Age

13%

College-Educated

92%

High-School Grad

65.4 sq mi

ZIP Area

51

Density / Sq Mi

$69,000

Median Household Income

$37,775

Median Earnings

$970

Median Rent

$202,600

Median Home Value

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Flexible professional workspace with a private office, open common area, kitchen, bathroom, and additional meeting or office space.

Where is this office units located?

The property is located at 513 State Route 492 New Milford, PA.

What is the lease rate?

The lease rate is $1,200/Mo.

What are key features of this property?

This property features: 1,575‑square‑foot office unit with private office and open common area; Large loft for meetings, collaborative work, or additional offices; Kitchen and bathroom included in the first‑floor layout