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Finished Office Unit
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1636 Route 9G #D, Hyde Park, NY 12583

The suite includes private office space, polished concrete flooring, and shared access to two bathrooms.

Property Size5,672 SF
Price / SF$0.22
Days on Market15

Property Features for 1636 Route 9G #D

General Information

Standard status Active
Size 5,672 SF
Total Parking Spaces 2
Property subtype Business

Additional Details

Condition Built-Out
Property Use Office

Amenities

polished concrete floors
security system
track lighting

Building Details

Tenancy Multi
Listing Agency: Neil Charles Real Estate
Listed By: Ann Stettner · License #10401201931
Source: Neilcharlesrealestate
Added: Oct 16 Changed: Oct 30 Last Checked: Oct 30 at 1:47AM

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 Neil Charles Real Estate

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 700-square-foot finished office unit combines private office area with polished concrete floors and track lighting. A security system is included, and users share two bathrooms with other office tenants. Front parking accommodates two vehicles, with additional availability for occasional visitors.

The space is suited to professional office use or light retail; food service is not permitted. Occupants pay for their own electricity, and the unit is available now.

Key Highlights

  • 700 square feet of finished space
  • Private office area with polished concrete floors and track lighting
  • Security system included

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$90,784
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,815,680 $1.8M
Cap Rate 7%
$1,296,914 $1.3M
Cap Rate 9%
$1,008,711 $1.0M
Market Conditions
NOI Build-Up for 5,672 SF
Gross rent
$155.2K $27.36/SF
− Vacancy
−$34.1K −$6.02/SF
EGI
$121.0K $21.34/SF
− OpEx
−$30.3K −$5.34/SF
NOI
$90.8K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,815,680
Cap Rate 7%
$1,296,914
Cap Rate 9%
$1,008,711

Alternative Uses

Best Use
Office B
$1.30M
$1.13M – $1.51M (±1% cap)
NOI $90,784 @ 7.0% cap · market cap 7,262.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.71M
$1.49M – $1.99M (±1% cap)
NOI $119,516 @ 7.0% cap · market cap 9,561.28%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Garden Center Storage Facility HVAC Service Barber Shop Accounting Firm

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

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

27
Businesses Nearby

Demographics for 12583, NY

2,212
Population
1,027
Households
2.2
Avg Household Size
43
Median Age
48%
College-Educated
97%
High-School Grad
11.7 sq mi
ZIP Area
189
Density / Sq Mi
$69,063
Median Household Income
$29,527
Median Earnings
$1,616
Median Rent
$390,700
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

Frequently Asked Questions

What type of property is this?
Office unit - The suite includes private office space, polished concrete flooring, and shared access to two bathrooms.
Where is this office unit located?
The property is located at 1636 Route 9G #D Hyde Park, NY.
What are key features of this property?
This property features: 700 square feet of finished space; Private office area with polished concrete floors and track lighting; Security system included
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Includes: Price & PSF · Cap rate · Location · Zoning

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