Nearly 4,000 SF Retail
16 E Market St Red Hook, NY 12571
16 E Market St, Red Hook, NY, 12571
Contact for pricing
For Sale
Contact for pricing
Retail building totaling about 3,940 square feet, offered for sale as part of an 11-building portfolio package.
Property Size3,940 SF
Price / SF$152.28
Days on Market14
Property Features for 16 E Market St
General Information
- Standard status
- Active
- Size
- 3,940 SF
- Property subtype
- RETAIL
Listing agency
SVN | Deegan-Collins Commercial Realty
(845) 339-9100
Listed by
Joseph Deegan · License #31DE0891986
Source
Moodyscre
Added: Jul 8 Updated: Jul 20 at 9:03PM Checked: Jul 21 at 3:59AM
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 SVN | Deegan-Collins Commercial Realty
Investment Insights
Based on property information with market context.
This nearly 4,000-square-foot retail building at 16 E Market St, Red Hook, NY 12571 has been family-owned since the 1960s, reflecting long-term stewardship. The property is being offered as part of a rare 11-building portfolio sale, providing an opportunity to acquire a concentrated footprint in Dutchess County.
Per the offering structure, the portfolio includes 3 of the 4 corners, which the remarks describe as supporting operational efficiencies and diversified income streams, along with long-term strategic repositioning potential. The seller indicates that individual or combined acquisition considerations may be discussed.
Per the offering structure, the portfolio includes 3 of the 4 corners, which the remarks describe as supporting operational efficiencies and diversified income streams, along with long-term strategic repositioning potential. The seller indicates that individual or combined acquisition considerations may be discussed.
Key Highlights
- Retail building for sale as part of an 11‑building portfolio package.
- Building totals about 3,940 square feet.
- Family‑owned since the 1960s, offering long‑term ownership history.
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 | $75.2k | $19.08 |
| − Vacancy | −$3.2k | −$0.80 |
| EGI | $72.0k | $18.28 |
| − OpEx | −$21.6k | −$5.48 |
| NOI | $50.4k | $12.80 |
3,940 SF · lease $19.08/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$720.2K
$630.2K – $840.2K
NOI $50,412 @ 7.0% cap · market cap 8.40%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.19M
$1.04M – $1.38M
NOI $83,021 @ 7.0% cap · market cap 13.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail building totaling about 3,940 square feet, offered for sale as part of an 11-building portfolio package.
Where is this retail space located?
The property is located at 16 E Market St Red Hook, NY.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Retail building for sale as part of an 11‑building portfolio package.; Building totals about 3,940 square feet.; Family‑owned since the 1960s, offering long‑term ownership history.
