Contacts

Scott Warren, CCIM

SVN | Innovative Commercial Advisors

Property Details

Property Type Office - General Office
Property Size 54,549 SF
Units 1
Lot Size 7.39 Acre
Additional Rent Contact for pricing
Parking Spaces Avail. 100
Property Tenancy Single Tenant
Building Class B
Year Renovated 1989
Date Updated Sep 3, 2024

This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access. Only minutes from the I86 interchange.OFFERED FOR SALE WITH A BRAND NEW 10 YEAR LEASE! DASNY which is an agency of NYS has just signed a new 10 year lease for $10.50/SF plus Utilities, Janitorial and certain expense reimbursements. The State of NY began occupying this space in 1989 and went through 3 stages of renovations. Over $3,000,000 in total was spent on renovations to custom build this space to meet the tenants needs. This is a solid cement and brick structure and is solid enough to be considered a fallout shelter. This building features 3 phase electric, updated Furnaces and air conditioning compressors complimented by high efficiency Mitsubishi units. A 3 year old Ballasted roof with 3 inches of styrofoam insulation. All of the rooms are firewalled and there is a 5,000 SF Gymnasium with 19' ceiling clearance. This is a beautifully secluded location in Vestal, NY near Apalachin. This location enjoys being next to a Town of Vestal park with soccer fields yet is only 2 blocks from New York State Route 434 with fast and easy Highway access. The lease is a modified net lease where the tenant pays expense increases above the base year. This is a beautiful redevelopment with an extremely solid tenant since 1989, The State of New York.

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Highlights

10 Year lease with escalations and expense reimbursements.
Beautifully secluded Vestal, NY location with fast and easy highway access.
Solid Cement and brick structure.
3 phase electric.
Ample surface lot parking.
3 year old Ballasted roof with 3 inch styrofoam insulation.
Updated HVAC complimented with high efficiency Mitsubishi units.
Leased by the State of New York.
Solid rental history. The tenant has been there since 1989.

Getting around

20/100
Walk Score ®
22/100
Bike Score ®

Powered by Walk Score ®

City Vestal, NY
Neighborhood Vestal
Zip Code 13850

Points of Interest

Manley's Mighty Mart

4.98 miles
Kwik Fill

5.02 miles
Sunoco

5.10 miles
Citgo

5.51 miles
Mirabito

5.55 miles
Speedway

6.31 miles
Speedway

7.20 miles
Mirabito

7.40 miles
Speedway

7.52 miles
Sunoco

7.85 miles

Vestal Rail Trail

2.86 miles
Vestal Rail Trail

4.89 miles
Lot ZZ North

6.31 miles
Lot ZZ South

6.33 miles
Lot Z

6.51 miles
Lot M3

6.56 miles
Lot M4

6.57 miles
Lot X

6.57 miles
Lot M2

6.61 miles
Lot M1

6.61 miles

Quality Inn Binghamton West

2.29 miles
Skylark Motel

3.06 miles
North Street Motor Lodge

4.19 miles
Ma n Pa's Place

4.80 miles
Endwell Motel

4.82 miles
Comfort Suites

5.92 miles
Homewood Suites

6.22 miles
Candlewood Suites

6.25 miles
Holiday Inn Express & Suites

6.27 miles
Hampton Inn & Suites Binghamton/Vestal

6.34 miles

Big Lots

2.66 miles
ALDI

2.72 miles
Weis

2.77 miles
Weis

3.44 miles
Price Chopper

3.58 miles
Century 21

4.25 miles
Walmart Supercenter

4.87 miles
TJ Maxx

4.95 miles
Target

5.39 miles
Price Rite

5.48 miles

In-Depth Research Available for this Property

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213 Tracy Creek Rd