Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Professional Office Spaces For Sale Title is generated by Realmo AI

    1070-1072 US-9, Fishkill, NY 12524

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Professional office spaces available near major transportation routes.

    Type:Retail
    Property size:
    28,608 SF
    Price / SF:
    $113/SF
    Added:
    Sep 18, 2023
    Days on Market:
    987
    Last Refresh:
    May 12 at 10:34 pm

    Property Features for 1070-1072 US-9

    General Information

    Standard status
    Active
    Size
    28,608 SF
    Property subtype
    Retail

    We can help!

    Listing Contact
    Thomas Cervone

    Listing agent Thomas Cervone License #NY 49CE0922865

    Listing office CR Properties Group LLC

    Listing date Sep 18, 2023

    Source Crexi

    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

    HighLights

    • High traffic count of 32,547 AADT on U.S. Route 9
    • Excellent signage and visibility on U.S. Route 9
    • 210.5 frontage on U.S. Route 9
    • Professional office spaces available for sale
    • Convenient access to Interstate 84 (4 minutes)
    • Proximity to Taconic State Parkway (11 minutes) and Newburgh‑Beacon Bridge (12 minutes)

    Overview

    Professional office spaces are available for sale at 1070-1072 U.S. Route 9, Wappinger, NY 12524. The property offers 210.5 feet of frontage on U.S. Route 9, providing great signage and visibility. The location is approximately 4 minutes from Interstate 84, 11 minutes from the Taconic State Parkway, and 12 minutes from the Newburgh-Beacon Bridge. The traffic count on U.S. Route 9, from NYS Route 52 Fishkill to CR 28 Old Hopewell Road, is 32,547 AADT. The property size is 28,608 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Fishkill
    County
    Dutchess
    State
    New York
    Longitude
    -73.8899
    Latitude
    41.5306

    Nearby Similar for Sale

    • $3,200,000

      Fishkill Multifamily Investment Opportunity

      Three fully rented four-family properties on 35+ acres.
      4-8 Donlo Drive, Fishkill, NY 12524
      View Details
    • $470,000
      1,450 SF

      Gated Community Living for Seniors

      Low-maintenance 55+ community with amenities near shops and transport.
      142 Regency Dr, Fishkill, NY 12524
      View Details
    • $1,350,000
      6,000 SF

      Victorian Office Landmark For Sale

      High-profile Victorian building with modern amenities, ideal for professional firms.
      892 Main Street, Fishkill, NY 12524
      View Details
    • $300,000
      1,071 SF

      Updated Condo with Modern Amenities

      Two-bedroom condo with updated kitchen, baths, and community amenities.
      11 Skyline Drive 16, Fishkill, NY 12524
      View Details
    • Contact for pricing
      326,700 SF

      7.5 Acre Commercial Land Opportunity

      7.5-acre commercial land in Wappinger, NY, zoned HB.
      1 Stagedoor Road, Fishkill, NY 12524
      View Details
    • $749,000

      Mobile Home Park Investment Opportunity

      Established mobile home park with steady income and minimal management.
      121 Cooper Road, Fishkill, NY 12524
      View Details
    • $995,000
      2,640 SF

      Retail Property in Fishkill, NY

      Charming retail property in historic Fishkill, New York.
      1610 Route 52, Fishkill, NY
      View Details
    • $995,000
      1,883 SF

      Fishkill Specialty Property For Sale

      Charming Fishkill property with historical significance and modern amenities.
      1603 Route 52, Fishkill, NY
      View Details
    • Contact for pricing
      40,640 SF

      Bowling Alley Business For Sale

      Successful bowling alley business available in Fishkill, New York.
      110 NY-82, Fishkill, NY
      View Details
    • $200,000

      Auto Repair Shop Opportunity

      Established auto repair shop for sale with long-term lease.
      1526 Route 52, Fishkill, NY 12524
      View Details
    • $3,250,000
      28,608 SF

      Professional Office Spaces For Sale

      Professional office spaces available near major transportation routes.
      1070-1072 US-9, Fishkill, NY
      View Details
    • $995,000
      2,640 SF

      Fishkill Commercial Property for Sale

      Charming village location with historical significance and modern amenities.
      1610 NY-52, Fishkill, NY 12524
      View Details

    FAQs

    What type of property is this?
    Office building - Professional office spaces available near major transportation routes.
    Where is this office building located?
    The property is located at 1070-1072 US-9 Fishkill, NY.
    What is the asking price?
    The asking price for this property is $3,250,000.
    What are key features of this property?
    This property features: High traffic count of 32,547 AADT on U.S. Route 9; Excellent signage and visibility on U.S. Route 9; **210.5 frontage on U.S. Route 9**
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Thomas Cervone
    Real Estate License ID: NY 49CE0922865
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    1070-1072 US-9, Fishkill, NY 12524
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!