Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    31 Ny-22 Pawling, NY 12564

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Prime Pawling retail space available.

    Lot size:
    30,000 SF

    Property Features for 31 Ny-22

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    30,000 SF

    Building Details

    Buildings
    1
    Stories
    1

    Spaces For Lease

    at 31 Ny-22, Pawling, NY 12564 Contact us

    We can help!

    Listing Contact
    Scott Meshil
    Scott Meshil

    Listing Agency: Royal Properties, Inc. Listing Agent: Scott Meshil

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Pawling Park, a 30,000 square foot single-story retail strip center in Pawling, NY (zip code 12564), offers multiple suites for lease. Located at 31 NY-22, with excellent visibility and high traffic counts (18,675 cars daily) along Route 22 and a cross street of Old Route 22, this property boasts 156 parking spaces. Currently, there are 9 suites, with 6,517 square feet of vacant space available in units ranging from 1,255 to 3,577 square feet, including an end-cap space with drive-thru potential. The property enjoys strong co-tenancy with established businesses such as Dollar General, CrossFit Pawling, and several other local favorites. Nearby national retailers include Hannaford Supermarket, ACME, Dollar Tree, Dunkin', and many more, ensuring high foot traffic and customer visibility. Restaurant use is approved. The property taxes are $2.00 per square foot. Contact us for rental rates and further details. This is an exceptional opportunity to establish a thriving business in a high-traffic, well-established retail center.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Dental Office Spa & Massage Center Building Supply Hair Salon Big Box & Wholesale Store Auto Repair Shop Auto Parts Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pawling
    County
    Dutchess
    State
    New York
    Longitude
    -73.587374420104
    Latitude
    41.526100137625

    Nearby Similar for Lease

    • $20 SF/Yr
      442,134 SF

      Pawling Retail/Office & Warehouse Space

      Retail/office and warehouse space available in busy Pawling plaza.
      158 Route 22, Pawling, NY 12564
      View Details
    • $3,000 /Mo
      2,700 SF

      Prime Commercial Space on Route 22

      2,700 SF Class A commercial space available for immediate occupancy.
      592 Route 22, Pawling, NY 12564
      View Details
    • $15 SF/Yr
      12,400 SF

      Pawling Warehouse with Retail Option

      12,400 SF warehouse with optional 4,200 SF retail space.
      158 Route 22, Pawling, NY 12564
      View Details
    • $2,200 /Mo

      Pawling Office Space For Rent

      Office space built out as a school available for rent.
      527 Route 22, Pawling, NY 12564
      View Details
    • $1,475 /Mo

      Pawling Office Space For Lease

      Prime office space in Dutchess Court Plaza, Pawling, NY.
      145 201, Pawling, NY 12564
      View Details
    • $3,000 /Mo

      Pawling Retail/Office Space Available

      Retail or office space for rent in Pawling, NY.
      592 Ga, Pawling, NY 12564
      View Details
    • $995 /Mo

      Renovated Village Office Space

      Light-filled office in renovated building with parking and easy access.
      54 E Main St, Pawling, NY 12564
      View Details
    • $15 SF/Yr

      Versatile Warehouse Space For Rent

      12,400 sqft warehouse space in a prime commercial corridor.
      158 Warehouse, Pawling, NY 12564
      View Details
    • Contact for pricing
      738 SF

      Retail Space in Vibrant Pawling

      Charming retail space in Pawling's vibrant, picturesque setting.
      1 Oak St, Pawling, NY 12564
      View Details
    • Contact for pricing
      1,740 SF

      Pawling Retail Space For Rent

      Retail space available in a 30,000 SF shopping center.
      31 Ny-22, Pawling, NY
      View Details
    • $1,475 /Mo

      Prime Office Space For Lease

      Office space for lease in Dutchess Court Plaza, Pawling, NY.
      145 Route 22, Pawling, NY 12564
      View Details
    • $5,500 /Mo

      Retail Space Available For Rent

      Retail space available for rent.
      44 Charles Colman Blvd, Pawling, NY 12564
      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Prime Pawling retail space available.
    Where is this neighborhood center located?
    The property is located at 31 Ny-22 Pawling, NY.
    What are key features of this property?
    This property features: 30,000 square foot shopping center.; 156 parking spaces available.; Restaurant use permitted.
    (914) 237-3400 Call to check price and availability
    Request Owner's contact information
    31 Ny-22 Pawling, NY 12564
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    31 Ny-22
    Pawling, NY 12564
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31 Ny-22 Pawling, NY 12564
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Scott Meshil
    Scott Meshil
    (914) 237-3400
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!