Building Details

Year built 1987

Listing Agency: KELLER WILLIAMS REALTY GREATER BINGHAMTON k***@kw.com Show Phone

Listed By: Frankie Jolise Darrow Show Phone

Added: Jul 29 Changed: Aug 4 Last Checked: Aug 9 at 5:06PM

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MLS# 337225

Copyright © 2026 Greater Binghamton Association of Realtor. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Office Units in New Milford, PA offering recently updated space ready for professional use. The first floor includes a private office, a spacious open common area, a kitchen, and a bathroom. A large loft adds flexible room for meetings, collaborative work, or additional offices.

Conveniently located directly off I-81 at Exit 223, providing easy access between Binghamton, NY and Scranton, PA. The property is positioned for visibility and accessibility and offers plenty of parking for employees and clients.

The property is situated on a 1.22-acre lot and was built in 1987. Total building area is 1,575 square feet. Utilities include propane service, and the water source is a well.

Key Highlights

• 1.22‑acre lot in New Milford, PA
• 1,575 SF office space built in 1987
• Directly off I‑81 at Exit 223

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

125

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 - C1 zoned office space with a loft and private office, located off I-81 Exit 223 with ample parking.

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: 1.22‑acre lot in New Milford, PA; 1,575 SF office space built in 1987; Directly off I‑81 at Exit 223