Aucock Mixed-Use
For Sale
$1,720,000
1-7 East Market Street Map 9a, Red Hook, NY 12571
Mixed-use building combining commercial space with residential units in a long-established Red Hook property.
Property Size10,380 SF
Price / SF$165.70
Days on Market47
Property Features for 1-7 East Market Street Map 9a
General Information
Standard status
Active
Size
10,380 SF
Property subtype
Multifamily
Additional Details
Corner Location
Yes
Multifamily Units
9
Building Details
Building Size
10,380 SF
Year Built
1919
Buildings
1
Tenancy
Multi
Listing Agency:
SVN | Deegan-Collins Commercial Realty
Listed By:
Joseph Deegan, CCIM · License #NY #10491205235
(845) 339-9100
Source:
Svn
Added: Sep 6
Changed: Oct 13
Last Checked: Oct 20 at 6:24PM
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 SVN | Deegan-Collins Commercial Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Aucock Building is a mixed-use property at 1-7 East Market Street in Red Hook, New York. Constructed in 1919, the building contains approximately 10,380 square feet arranged among three commercial spaces and nine residential units. This combination provides both business and residential components within a single property.
The building occupies a prominent corner in Red Hook, Dutchess County, and has remained family-owned since the 1960s. Its established construction date, blended layout, and location within the community define the property’s physical and operating profile.
The building occupies a prominent corner in Red Hook, Dutchess County, and has remained family-owned since the 1960s. Its established construction date, blended layout, and location within the community define the property’s physical and operating profile.
Key Highlights
- Approximately 10,380 square feet of mixed‑use space
- Three commercial spaces and nine residential units
- Constructed in 1919
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$126,117
Cap Rate
7.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,522,340
$2.5M
Cap Rate 7%
$1,801,671
$1.8M
Cap Rate 9%
$1,401,300
$1.4M
Market Conditions
NOI Build-Up for 10,380 SF
Gross rent
$224.2K $21.60/SF
− Vacancy
−$22.4K −$2.16/SF
EGI
$201.8K $19.44/SF
− OpEx
−$75.7K −$7.29/SF
NOI
$126.1K $12.15/SF
Area
Dutchess County, NY
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,522,340
Cap Rate 7%
$1,801,671
Cap Rate 9%
$1,401,300
Alternative Uses
Best Use
Apartment 5plus
$2.55M
$2.23M – $2.97M
NOI $178,326 @ 7.0% cap · market cap 10.37%
Second Best
Mixed Use
$1.80M
$1.58M – $2.10M
NOI $126,117 @ 7.0% cap · market cap 7.33%
Theoretical Best
Office A
$3.12M
$2.73M – $3.65M
NOI $218,719 @ 7.0% cap · market cap 12.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 12571, NY
9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building combining commercial space with residential units in a long-established Red Hook property.
Where is this mixed-use property located?
The property is located at 1-7 East Market Street Map 9a Red Hook, NY.
What is the asking price?
The asking price for this property is $1,720,000.
What are key features of this property?
This property features: Approximately 10,380 square feet of mixed‑use space; Three commercial spaces and nine residential units; Constructed in 1919
