1289 US-9, Wappingers Falls, NY 12590
Retail property with high visibility and accessibility on Route 9.
- Added:
- Mar 21, 2024
- Days on Market:
- 817
- Last Refresh:
- May 19 at 9:33 pm
Property Features for 1289 US-9
General Information
- Standard status
- Active
- Size
- 19,500 SF
- Lot size
- 0.26 Acres
- Property subtype
- RETAIL
Properties For Sale
at 1289 US-9 Contact us
Listing agent Tom Cervone
Listing office CR Properties Group, LLC (845) 485-3100
Listing date Mar 21, 2024
Source Moodyscre
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
- U.S. Route 9 Frontage & Visibility
- Near New Hamburg Metro‑North Railroad Station (access to Grand Central)
- High Traffic Volume: 32,553 AADT on U.S. Route 9
- Proximity to Interstate 84 & Newburgh‑Beacon Bridge
- Located in Dutchess Community College South Campus Area
- Near Adams Fairacre Farms
Overview
Local Financial Insights For Retail
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 | $372.1k | $19.08 |
| − Vacancy | −$15.6k | −$0.80 |
| EGI | $356.4k | $18.28 |
| − OpEx | −$106.9k | −$5.48 |
| NOI | $249.5k | $12.80 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wappingers Falls
- County
- Dutchess
- State
- New York
- Longitude
- -73.9106
- Latitude
- 41.576
