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10 Boice Rd, Hyde Park, NY 12538

Maintained office property with modern infrastructure and flexible professional-use configuration.

Property Size7,560 SF
Lot Size1.30 Acres
Price / SF$257.94
Days on Market5

Property Features for 10 Boice Rd

General Information

Standard status Active
Size 7,560 SF
Lot size 1.30 Acres
Property subtype OFFICE

Building Details

Buildings 1
Building Size 7,560 SF
Listing Agency: BHHS - Hudson Valley Properties | Lagrangeville
Listed By: Brian Mossey · License #10401263453
Source: Moodyscre
Added: Jul 28 Changed: Jul 31 Last Checked: Jul 31 at 10:10AM

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 BHHS - Hudson Valley Properties | Lagrangeville

Investment Insights

Based on property information with market context.

This professional office building comprises approximately 7,560± SF on approximately 1.3 acres. The property is described as meticulously maintained and includes modern infrastructure, quality construction, and a flexible configuration suited to professional office operations.

The building is located at 10 Boice Rd in Hyde Park, New York, within the established Route 9 commercial corridor. Its setting places the property within one of the Town’s commercial districts and supports continued office use.

Key Highlights

  • Approximately 7,560± SF professional office building
  • Approximately 1.3 acres
  • Located in Hyde Park’s established Route 9 commercial corridor

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 $206.8k $27.36
− Vacancy −$45.5k −$6.02
EGI $161.3k $21.34
− OpEx −$40.3k −$5.34
NOI $121.0k $16.01
7,560 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.73M
$1.51M – $2.02M (±1% cap)
NOI $121,002 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.28M
$1.99M – $2.65M (±1% cap)
NOI $159,299 @ 7.0% cap · market cap 8.17%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

American Hormones Pharmacy

Suggested Use

Top Pick Real Estate Agency Hair Salon Parking Lot & Garage Big Box & Wholesale Store (Bike/Boat/Book/etc) Store Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

335
Businesses Nearby

Demographics for 12538, NY

14,181
Population
5,609
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
556
Density / Sq Mi
$86,641
Median Household Income
$44,926
Median Earnings
$1,190
Median Rent
$287,900
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Maintained office property with modern infrastructure and flexible professional-use configuration.
Where is this office building located?
The property is located at 10 Boice Rd Hyde Park, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Approximately 7,560± SF professional office building; Approximately 1.3 acres; Located in Hyde Park’s established Route 9 commercial corridor
(845) 288-4367 Call to check price and availability
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