Rustic Office Building with
For Sale
$284,000
6437 Route 209, Kerhonkson, NY 12446
Compact office building with mini-split heating and cooling, a rear breakroom/storage area, and parking on both sides.
Days on Market173
Property Features for 6437 Route 209
General Information
Standard status
Active
Property subtype
Office
Site & Location
Highway Access
Yes
Road Access
Yes
Building Details
Building Size
735 SF
Year Built
1940
Listing Agency:
Lucille Hand Real Estate
(845) 901-4553
Listed By:
Gail Vesely
Source:
Gristmillrealestate
Added: Feb 8
Changed: Jul 27
Last Checked: Jul 31 at 11:36AM
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 Lucille Hand Real Estate
Investment Insights
Based on property information with market context.
This rustic office building features a main central room with a breakroom/storage space located in the rear. Climate control is provided by mini-split air units for both heating and cooling. The property is served by on-demand electric hot water, town water, and private septic.
The building offers highway road frontage on US Route 209 just before you enter the hamlet of Kerhonkson from the south, with parking on both sides and entrances on each side of the building, including an entrance with a ramp.
Historically, the property has supported multiple uses, including real estate office and more recently office space for a trucking logistics company. With appropriate modifications, it may be suited to a variety of business needs.
The building offers highway road frontage on US Route 209 just before you enter the hamlet of Kerhonkson from the south, with parking on both sides and entrances on each side of the building, including an entrance with a ramp.
Historically, the property has supported multiple uses, including real estate office and more recently office space for a trucking logistics company. With appropriate modifications, it may be suited to a variety of business needs.
Key Highlights
- 1940‑built compact commercial office building with mini‑split heating and cooling
- Main central room plus rear breakroom/storage area
- On‑demand electric hot water; town water and private septic
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.1k | $30.00 |
| − Vacancy | −$2.8k | −$3.81 |
| EGI | $19.2k | $26.19 |
| − OpEx | −$4.8k | −$6.55 |
| NOI | $14.4k | $19.64 |
735 SF · lease $30.00/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$206.2K
$180.5K – $240.6K
NOI $14,437 @ 7.0% cap · market cap 5.08%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.87M
$6.01M – $8.02M
NOI $481,148 @ 7.0% cap · market cap 169.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
89
Businesses Nearby
Explore this area
Business Placement
Demographics for 12446, NY
4,930
Population
2,775
Households
1.8
Avg Household Size
44
Median Age
36%
College-Educated
93%
High-School Grad
67.4 sq mi
ZIP Area
73
Density / Sq Mi
$83,344
Median Household Income
$53,784
Median Earnings
$1,151
Median Rent
$274,200
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Compact office building with mini-split heating and cooling, a rear breakroom/storage area, and parking on both sides.
Where is this office building located?
The property is located at 6437 Route 209 Kerhonkson, NY.
What is the asking price?
The asking price for this property is $284,000.
What are key features of this property?
This property features: 1940‑built compact commercial office building with mini‑split heating and cooling; Main central room plus rear breakroom/storage area; On‑demand electric hot water; town water and private septic
