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2436 Route 83, Pine Plains, NY 12567
Warehouse property totaling 16,800 square feet at 2436 Route 83 in Pine Plains.
Property Size16,800 SF
Price / SF$88.99
Days on Market463
Property Features for 2436 Route 83
General Information
Standard status
Active
Size
16,800 SF
Property subtype
INDUSTRIAL
Listing Agency:
CR Properties Group, LLC
(845) 485-3100
Listed By:
Tom Cervone
Source:
Moodyscre
Added: Apr 24, 2025
Changed: Jul 29
Last Checked: Jul 30 at 12:25PM
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.
Warehouse property totaling 16,800 square feet at 2436 Route 83 in Pine Plains, New York. The surrounding area is characterized by a rural setting with rolling hills, farmland, and forests, offering an outdoor-focused lifestyle and a small-town community feel.
The building size supports a range of warehouse and storage uses, with room to accommodate typical back-of-house logistics and inventory staging needs. For operational planning, the property’s Route 83 frontage and straightforward access along the main roadway are practical considerations for day-to-day receiving and distribution.
The building size supports a range of warehouse and storage uses, with room to accommodate typical back-of-house logistics and inventory staging needs. For operational planning, the property’s Route 83 frontage and straightforward access along the main roadway are practical considerations for day-to-day receiving and distribution.
Key Highlights
- 16,800 SF warehouse property
- Located at 2436 Route 83 in Pine Plains, NY
- Rural setting with rolling hills, farmland, and forests
Financial Insights For Warehouse
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 | $159.3k | $9.48 |
| − Vacancy | −$10.8k | −$0.64 |
| EGI | $148.4k | $8.84 |
| − OpEx | −$22.3k | −$1.33 |
| NOI | $126.2k | $7.51 |
16,800 SF · lease $9.48/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.80M
$1.58M – $2.10M
NOI $126,169 @ 7.0% cap · market cap 8.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.06M
$4.42M – $5.90M
NOI $353,997 @ 7.0% cap · market cap 23.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12567, NY
2,564
Population
1,434
Households
1.8
Avg Household Size
50
Median Age
42%
College-Educated
91%
High-School Grad
46.0 sq mi
ZIP Area
56
Density / Sq Mi
$95,982
Median Household Income
$53,140
Median Earnings
$1,455
Median Rent
$329,700
Median Home Value
Market
Properties on Market for Warehouses in Dutchess County
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property totaling 16,800 square feet at 2436 Route 83 in Pine Plains.
Where is this warehouse located?
The property is located at 2436 Route 83 Pine Plains, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 16,800 SF warehouse property; Located at 2436 Route 83 in Pine Plains, NY; Rural setting with rolling hills, farmland, and forests
