Iconic Office Building on
1311 Rte 9W Marlboro, NY 12542
1311 Rte 9W, Marlboro, NY, 12542
Contact for pricing
For Sale
Contact for pricing
Renovated office building with high visibility and modern amenities.
Property Size774 SF
Price / SF$594.19
Days on Market663
Property Features for 1311 Rte 9W
General Information
- Standard status
- Active
- Size
- 774 SF
- Property subtype
- Office
Building Details
- Year Built
- 1965
Listing Agency
Century 21 Alliance Realty Group Wappingers Falls
(845) 297-4700
Listed by
John DeMarco · License #NY. 10301216451
Source
Crexi
Added: Sep 24, 2024 Checked: Jul 17 at 9:38 am
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 Century 21 Alliance Realty Group Wappingers Falls
Investment Insights
Based on property information with market context.
This iconic building, situated on busy Route 9W in Marlboro, New York, offers superb visibility and access. The property, totaling 774 square feet, was fully renovated in 2017. The interior features a conference room equipped with a 65-inch flatscreen and video conferencing capability, abundant natural light, and modern farm-style finishes that complement the area's agricultural character. The building includes two bathrooms, allowing for potential division into two separate office spaces. A full basement is also present. The property is connected to municipal water, sewer, and natural gas services. It has previously housed real estate offices and served as the town's local library. The current occupant is prepared to vacate the premises upon sale.
Key Highlights
- Superb visibility and access from busy Route 9W.
- Totally renovated in 2017.
- Municipal water, sewer, and natural gas.
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 | $23.2k | $30.00 |
| − Vacancy | −$2.9k | −$3.81 |
| EGI | $20.3k | $26.19 |
| − OpEx | −$5.1k | −$6.55 |
| NOI | $15.2k | $19.64 |
774 SF · lease $30.00/SF/yr · vacancy 12.70% · expense 25.00%
Alternative Uses
Best Use
Office B
$217.2K
$190.0K – $253.4K
NOI $15,203 @ 7.0% cap · market cap 3.31%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$7.24M
$6.33M – $8.44M
NOI $506,679 @ 7.0% cap · market cap 110.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Billesimo Real Estate ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - Renovated office building with high visibility and modern amenities.
Where is this office building located?
The property is located at 1311 Rte 9W Marlboro, NY.
What is the asking price?
The asking price for this property is $459,900.
What are key features of this property?
This property features: Superb visibility and access from busy Route 9W.; Totally renovated in 2017.; Municipal water, sewer, and natural gas.
