Mirrored Fitness
For Sale
Contact for pricing
1983 Route 52 #1B, East Fishkill, NY 12533
Shared rental space accommodates dance, fitness, classes, rehearsals, and other movement-based activities.
Property Size9,600 SF
Price / SF$0.03
Days on Market23
Property Features for 1983 Route 52 #1B
General Information
Standard status
Active
Size
9,600 SF
Property subtype
Business
Amenities
floor-to-ceiling mirrors
reception area
on-site bathroom
Listing Agency:
Sams Realty
(845) 831-0344
Listed By:
Christopher P. Hardisty · License #10301223277
(914) 489-0282
Source:
Neilcharlesrealestate
Added: Oct 8
Changed: Oct 30
Last Checked: Oct 30 at 2:15AM
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 Sams Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This shared studio space offers two separate rooms with Pergo wood flooring and floor-to-ceiling mirrors. A reception area and on-site bathroom are included, and tables and chairs can be provided upon request. Rental schedules can be arranged for recurring weekly use, seasonal periods, occasional dates, or weekend performances.
The property is at 1983 Route 52 in East Fishkill, across from John Jay High School and behind PM Pediatrics.
The property is at 1983 Route 52 in East Fishkill, across from John Jay High School and behind PM Pediatrics.
Key Highlights
- Two separate rooms for studio activities
- Pergo wood flooring and floor‑to‑ceiling mirrors
- Reception area and on‑site bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$153,654
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,073,080
$3.1M
Cap Rate 7%
$2,195,057
$2.2M
Cap Rate 9%
$1,707,267
$1.7M
Market Conditions
NOI Build-Up for 9,600 SF
Gross rent
$262.7K $27.36/SF
− Vacancy
−$57.8K −$6.02/SF
EGI
$204.9K $21.34/SF
− OpEx
−$51.2K −$5.34/SF
NOI
$153.7K $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%
$3,073,080
Cap Rate 7%
$2,195,057
Cap Rate 9%
$1,707,267
Alternative Uses
Best Use
Office B
$2.20M
$1.92M – $2.56M
NOI $153,654 @ 7.0% cap · market cap 61,461.60%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.89M
$2.53M – $3.37M
NOI $202,284 @ 7.0% cap · market cap 80,913.60%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
202
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12533, NY
26,147
Population
9,419
Households
2.8
Avg Household Size
43
Median Age
46%
College-Educated
94%
High-School Grad
48.9 sq mi
ZIP Area
535
Density / Sq Mi
$134,950
Median Household Income
$62,376
Median Earnings
$1,643
Median Rent
$440,800
Median Home Value
Market
Vacancy Rate% for Office in Northeast region
Similar Off Market Nearby
- Sensory Stepping Stones, LLC — 1906 NY-52, Hopewell Junction, NY 12533
- Essential Oils Learning Center — 1973 NY-52, Hopewell Junction, NY 12533
- Ivy Rehab Physical Therapy — 1955 NY-52, Hopewell Junction, NY 12533
Frequently Asked Questions
What type of property is this?
Fitness center & gym - Shared rental space accommodates dance, fitness, classes, rehearsals, and other movement-based activities.
Where is this fitness center & gym located?
The property is located at 1983 Route 52 #1B East Fishkill, NY.
What are key features of this property?
This property features: Two separate rooms for studio activities; Pergo wood flooring and floor‑to‑ceiling mirrors; Reception area and on‑site bathroom
