Wappingers Falls Office Building For
3 Mac Farlane Rd Wappingers Falls, NY 12590
3 Mac Farlane Rd, Wappingers Falls, NY, 12590
Contact for pricing
For Sale
Contact for pricing
Office building for sale in Wappingers Falls, New York.
Property Size1,062 SF
Price / SF$560.26
Days on Market785
Property Features for 3 Mac Farlane Rd
General Information
- Standard status
- Active
- Size
- 1,062 SF
- Property subtype
- Office
Listing Agency
CR Properties Group LLC
(845) 485-3100
Listed by
Thomas Cervone · License #NY 49CE0922865
Source
Crexi
Added: May 23, 2024 Checked: Jul 16 at 8:35 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 CR Properties Group LLC
Investment Insights
Based on property information with market context.
An office building is available for sale at 3 Mac Farlane Road, Wappingers Falls, New York. The property is located within the Highway Business District Zoning. Nearby area generators include Adams Fairacre Farms, Acura, Tractor Supply, Mercedes, Volvo, Volkswagen, and Viscount Liquor. The location benefits from a traffic count of 35,148 AADT on U.S. Route 9. The building has a size of 1,062 square feet.
Key Highlights
- High traffic count: 35,148 AADT on U.S. Route 9
- Located in HB, Highway Business District Zoning
- Close proximity to Adams Fairacre Farms
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 | $29.1k | $27.36 |
| − Vacancy | −$6.4k | −$6.02 |
| EGI | $22.7k | $21.34 |
| − OpEx | −$5.7k | −$5.34 |
| NOI | $17.0k | $16.01 |
1,062 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$242.8K
$212.5K – $283.3K
NOI $16,998 @ 7.0% cap · market cap 2.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$319.7K
$279.7K – $373.0K
NOI $22,378 @ 7.0% cap · market cap 3.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Office building for sale in Wappingers Falls, New York.
Where is this office building located?
The property is located at 3 Mac Farlane Rd Wappingers Falls, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: High traffic count: 35,148 AADT on U.S. Route 9; Located in HB, Highway Business District Zoning; Close proximity to Adams Fairacre Farms
