Single-Level Office and Retail
8 Mill St Dover Plains, NY 12522
8 Mill St, Dover Plains, NY, 12522
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For Sale
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1,560 SF single-level building zoned HR with on-site parking, utilities, and flexible office/retail/service layout.
Property Size1,560 SF
Price / SF$240.38
Days on Market93
Property Features for 8 Mill St
General Information
- Standard status
- Active
- Size
- 1,560 SF
- Property subtype
- Office
Listing agency
CR Properties Group LLC
(845) 485-3100
Listed by
Thomas Cervone · License #NY 49CE0922865
Source
Crexi
Added: Apr 20 Updated: Jul 21 at 1:58PM Checked: Jul 21 at 1:58PM
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 CR Properties Group LLC
Investment Insights
Based on property information with market context.
This single-level building totals 1,560 SF and was originally built in 1930. It offers a practical office layout with a flexible configuration that can support office and community-serving professional uses, as well as office, retail, and service applications.
The property includes on-site parking and single-level accessibility, and is served by public water with private sewer and electric utilities. Located at 8 Mill St in Dover Plains, New York, it is positioned to accommodate a variety of business needs within a manageable footprint.
The property includes on-site parking and single-level accessibility, and is served by public water with private sewer and electric utilities. Located at 8 Mill St in Dover Plains, New York, it is positioned to accommodate a variety of business needs within a manageable footprint.
Key Highlights
- 1,560 SF single‑level building with flexible layout for office, retail, and service uses
- Zoned HR and supports office and community‑serving professional uses
- On‑site parking available
Local 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 | $42.7k | $27.36 |
| − Vacancy | −$9.4k | −$6.02 |
| EGI | $33.3k | $21.34 |
| − OpEx | −$8.3k | −$5.34 |
| NOI | $25.0k | $16.01 |
1,560 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$356.7K
$312.1K – $416.2K
NOI $24,969 @ 7.0% cap · market cap 6.66%
Second Best
Retail
$285.1K
$249.5K – $332.7K
NOI $19,960 @ 7.0% cap · market cap 5.32%
Theoretical Best
Office A
$469.6K
$410.9K – $547.9K
NOI $32,871 @ 7.0% cap · market cap 8.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Emery & Webb Insurance
Insurance Agency
FAQs
What type of property is this?
Office building - 1,560 SF single-level building zoned HR with on-site parking, utilities, and flexible office/retail/service layout.
Where is this office building located?
The property is located at 8 Mill St Dover Plains, NY.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: 1,560 SF single‑level building with flexible layout for office, retail, and service uses; Zoned HR and supports office and community‑serving professional uses; On‑site parking available
