Technical
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Property profile

200 Front St Vestal, NY 13850

OFF-MARKET
Office Spaces
23,000 SF 1.37 ac lot Built 1968
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Property summary

AI-generated overview

This exceptional Class A medical office building, located at 200 Front Street in Vestal, NY, presents a compelling investment opportunity. The 23,000-square-foot, single-story building boasts 100% occupancy across five units, generating a strong cash flow. Constructed in 1968 and extensively renovated in 2012, the property features ample parking (105 spaces) on a 1.37-acre lot. Its prime location, just a short distance from the I-81 & NY-17 interchange and Vestal Parkway East's retail hub, ensures high visibility and accessibility. The building is zoned C1 and offers long-term tenants with a modified lease structure. The stabilized investment features a competitive cap rate and presents potential for upside. With its strong tenant base and desirable location, this property is an ideal acquisition for both investors and owner-users seeking a stable, high-performing asset in the thriving Vestal market. The asking price is $1,690,000, translating to $73.48 per square foot.

Property profile

Verified
Property type Office Spaces
Year built 1968
Total area 23,000 SF
Lot 1.37 ac (59,677 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Medical Clinic
  • Physician Medical Clinic
  • Physician Medical Clinic
  • Bank Loan Service
  • Physician Medical Clinic

Location

200 Front St Vestal, NY 13850
Vestal metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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