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    Route 52 Commercial Building Title is generated by Realmo AI

    2623 Route 52, Hopewell Junction, NY 12533

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    For Sale
    $425,000

    Three-level commercial building on Route 52 with ample parking.

    Type:Commercial
    Property size:
    2,178 SF
    Lot size:
    0.49 Acres
    Price / SF:
    $195/SF
    Added:
    Mar 11, 2026
    Days on Market:
    118
    Last Refresh:
    Jul 2 at 9:56 am

    Property Features for 2623 Route 52

    General Information

    Standard status
    Active
    Size
    2,178 SF
    Lot size
    0.49 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1965

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    Dominick DiFilippo

    Listing office KELLER WILLIAMS REALTY PARTNER

    Listing date Mar 11, 2026

    Source Elliman

    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 KELLER WILLIAMS REALTY PARTNER

    HighLights

    • Prime location on Route 52, less than a quarter mile from the Taconic State Parkway, offering unbeatable visibility and high traffic.
    • Building is in excellent condition with a relatively new roof (5 years old).
    • Ample on‑site parking and a pull‑in garage in the basement provide excellent parking and storage options.
    • Flexible layout with a gutted upper level, offering a blank canvas for customization (office space or live/work setup).
    • Main level features a welcoming reception area, comfortable waiting room, two spacious offices, and a powder room.
    • New water house filter & holding tank installed last year.

    Overview

    This three-level building offers 2,178 square feet of space and is situated on a half-acre property directly on Route 52, less than a quarter mile from the Taconic State Parkway. The property features high visibility and effortless access with ample on-site parking. The building is in excellent condition. A new water house filter and holding tank were installed last year, and the roof is five years old. The main level includes a reception area, a waiting room, and two offices, along with a powder room. The upper level is currently gutted, offering a customizable space suitable for additional office space or a live/work setup. The large basement with a pull-in garage provides storage or additional parking, and the private backyard offers further space for vehicles or outdoor storage. This property is suitable for launching, expanding, or relocating a business.

    Local Financial Insights For Office B

    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 $59.6k $27.36
    − Vacancy −$13.1k −$6.02
    EGI $46.5k $21.34
    − OpEx −$11.6k −$5.34
    NOI $34.9k $16.01
    2,178 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $498.0K
    $435.8K – $581.0K (±1% cap)
    NOI $34,860 @ 7.0% cap · market cap 8.20%
    Second Best
    Mixed Use
    $378.0K
    $330.8K – $441.1K (±1% cap)
    NOI $26,463 @ 7.0% cap · market cap 6.23%
    Theoretical Best
    Office A
    $655.6K
    $573.7K – $764.9K (±1% cap)
    NOI $45,893 @ 7.0% cap · market cap 10.80%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Auto Repair Shop Hair Salon Hotel & Motel Nail Salon Gym & Fitness Center Grocery & Convenience Store Clothing & Fashion Store Computer & Electronic Repair Bakery Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hopewell Junction
    County
    Dutchess
    State
    New York
    Longitude
    -73.7822
    Latitude
    41.5564

    FAQs

    What type of property is this?
    Office building - Three-level commercial building on Route 52 with ample parking.
    Where is this office building located?
    The property is located at 2623 Route 52 Hopewell Junction, NY.
    What is the asking price?
    The asking price for this property is $425,000.
    What are key features of this property?
    This property features: Prime location on Route 52, less than a quarter mile from the Taconic State Parkway, offering unbeatable visibility and high traffic.; Building is in excellent condition with a relatively new roof (5 years old).; Ample on‑site parking and a pull‑in garage in the basement provide excellent parking and storage options.
    More about this property
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