Building Details

Building Size 15,554 SF

Listing Agency: CR Properties Group, LLC Show Phone

Listed By: Tom Cervone

Source: Moodyscre

Added: Mar 25, 2024 Changed: Jul 29 Last Checked: Jul 31 at 1:28PM

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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

Investment Insights

Based on property information with market context.

Former Bulkeley Middle School building offered for sale or lease, totaling 15,554 SF on a 1.44-acre site in the historic, charming village of Rhinebeck, NY. The building is laid out with approximately 4,899 ± SF on the 1st floor, 4,899 ± SF on the 2nd floor, and 5,756 ± SF in the basement, supporting a variety of workplace and mixed-use configurations.

Set at 6 Mulberry Street in the Hudson Valley, the property is surrounded by a walkable streetscape with independent shops and dining. The Taconic State Parkway is about 12 minutes away, providing regional connectivity for employees and visitors.

The property also includes 11 apartments and 4 building lots, which may support a mixed-use redevelopment or phased site plan within the existing campus layout.

Key Highlights

• 15,554 SF former Bulkeley Middle School building on 1.44 acres
• 1st floor: 4,899 ± SF
• 2nd floor: 4,899 ± SF

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Garden Center Building Supply Computer & Electronic Repair

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

Lease Details

NNN (Triple Net)

Lease Type

$1.80 /SF/Yr

CAM

Location Intelligence

Trade Area within ½ mile

756

Businesses Nearby

Explore this area Business Placement

Demographics for 12572, NY

9,258

Population

4,785

Households

1.9

Avg Household Size

55

Median Age

51%

College-Educated

95%

High-School Grad

51.0 sq mi

ZIP Area

182

Density / Sq Mi

$96,377

Median Household Income

$59,583

Median Earnings

$1,631

Median Rent

$458,500

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

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Frequently Asked Questions

What type of property is this?

Office building - Conversion office building with 11 apartments and multi-level space in Rhinebeck’s historic village.

Where is this office building located?

The property is located at 6 Mulberry St Rhinebeck, NY.

What is the lease rate?

The lease rate is $12 SF/Yr.

What are key features of this property?

This property features: 15,554 SF former Bulkeley Middle School building on 1.44 acres; 1st floor: 4,899 ± SF; 2nd floor: 4,899 ± SF