Downtown Commercial Space For
86 Maple Avenue New City, NY 10956
86 Maple Avenue, New City, NY, 10956
$1,299,000
For Sale
$1,299,000
Commercial space in downtown New City with development potential.
Property Size3,527 SF
Price / SF$368.30
Days on Market94
Property Features for 86 Maple Avenue
General Information
- Standard status
- Active
- Size
- 3,527 SF
- Property subtype
- Commercial
Listing agency
KELLER WILLIAMS HUDSON VALLEY
(845) 639-0300
Listed by
MEYER STOESSEL · License #10401320890
Source
Corcoran
Added: Apr 20 Updated: Jul 10 at 1:13PM Checked: Jul 21 at 5:15AM
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 KELLER WILLIAMS HUDSON VALLEY
Investment Insights
Based on property information with market context.
Located in downtown New City, this commercial space offers 3,527 square feet suitable for offices, child or adult care, and other uses, situated on an H2 zoned property. The building includes a large recreation room, 8 offices, 4 bathrooms, and 2 kitchens. A parking lot provides over 25 parking spaces. There is potential to build an additional floor.
Key Highlights
- Prime downtown location ideal for various commercial uses (offices, care facilities, etc.)
- Substantial 3,527 sqft of commercial space.
- Ample parking with 25+ spaces.
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 | $158.7k | $45.00 |
| − Vacancy | −$24.6k | −$6.98 |
| EGI | $134.1k | $38.03 |
| − OpEx | −$33.5k | −$9.51 |
| NOI | $100.6k | $28.52 |
3,527 SF · lease $45.00/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.44M
$1.26M – $1.68M
NOI $100,586 @ 7.0% cap · market cap 7.74%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$2.33M
$2.04M – $2.72M
NOI $163,238 @ 7.0% cap · market cap 12.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
US Monitor Services
Advertising Agency
Jesson Adrian
Law Firm
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial space in downtown New City with development potential.
Where is this office units located?
The property is located at 86 Maple Avenue New City, NY.
What is the asking price?
The asking price for this property is $1,299,000.
What are key features of this property?
This property features: Prime downtown location ideal for various commercial uses (offices, care facilities, etc.); Substantial 3,527 sqft of commercial space.; Ample parking with 25+ spaces.
