Former Dealership Commercial
For Sale
Contact for pricing
409 Fishkill Ave, Beacon, NY
Former Mitsubishi Dealership available for sale in Beacon, NY.
Property Size5,360 SF
Lot Size3.83 Acres
Price / SF$270.52
Days on Market267
Property Features for 409 Fishkill Ave
General Information
Standard status
Active
Size
5,360 SF
Lot size
3.83 Acres
Property subtype
RETAIL
Properties For Sale
at 409 Fishkill Ave Contact us- Floor
- Bldg
- Size
- 5,360 SF
- Type
- RETAIL
- Availability
- AVAILABLE, Now
- Sublease
- No
409 Fishkill Ave
- CR Properties Group is pleased to offer For Sale a Former Mitsubishi Dealership...
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Listing Agency:
CR Properties Group, LLC
(845) 485-3100
Listed By:
Tom Cervone
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Aug 8
Last Checked: Aug 18 at 11:14AM
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.
The property at 409 Fishkill Avenue, Beacon, NY, is a commercial building formerly used as a Mitsubishi dealership. The building has a size of 5,360 square feet and is situated on a 1.49-acre lot. The property is located in close proximity to Beacon area retailers and demand generators, such as the Beacon Train Station, Metro North (Hudson Line), Dia: Beacon Museum, Scenic Hudson, Breakneck Ridge, Mount Beacon, and Hudson Highlands State Park. Landmarks in the vicinity include Pollepel Island and Bannerman Castle.
Key Highlights
- High‑traffic location on Fishkill Avenue in Beacon, NY.
- Close proximity to Beacon Train Station (Metro North, Hudson Line).
- Building size: 5,360 SF on 1.49 acres.**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$68,581
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,371,620
$1.4M
Cap Rate 7%
$979,729
$979.7K
Cap Rate 9%
$762,011
$762.0K
Market Conditions
NOI Build-Up for 5,360 SF
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.
Gross rent
$102.3K $19.08/SF
− Vacancy
−$4.3K −$0.80/SF
EGI
$98.0K $18.28/SF
− OpEx
−$29.4K −$5.48/SF
NOI
$68.6K $12.80/SF
Area
Dutchess County, NY
Vacancy
4.20%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,371,620
Cap Rate 7%
$979,729
Cap Rate 9%
$762,011
Alternative Uses
Best Use
Retail
$979.7K
$857.3K – $1.14M
NOI $68,581 @ 7.0% cap · market cap 4.73%
Second Best
Industrial
$473.6K
$414.4K – $552.5K
NOI $33,150 @ 7.0% cap · market cap 2.29%
Theoretical Best
Office A
$1.61M
$1.41M – $1.88M
NOI $112,942 @ 7.0% cap · market cap 7.79%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
458
Businesses Nearby
15k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Family Dollar
Shops & Services
7,199 visits/mo
0.3 miles
AutoZone
Shops & Services
3,591 visits/mo
0.3 miles
Citgo
Shops & Services
2,608 visits/mo
0.2 miles
Enterprise Rent-A-Car
Shops & Services
1,898 visits/mo
0.3 miles
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Lank's Automotive Inc — 394 Fishkill Ave, Beacon, NY 12508
- High End Automotive — 330 Fishkill Ave, Beacon, NY 12508
- Dr K Imported Car — 15 Tioronda Ave, Beacon, NY 12508
- Verplanck Auto — 133 Verplanck Ave, Beacon, NY 12508
- Mavis Discount Tire — 344 Fishkill Ave, Beacon, NY 12508
Frequently Asked Questions
What type of property is this?
Auto shop - Former Mitsubishi Dealership available for sale in Beacon, NY.
Where is this auto shop located?
The property is located at 409 Fishkill Ave Beacon, NY.
What is the asking price?
The asking price for this property is $1,450,000.
What are key features of this property?
This property features: High‑traffic location on Fishkill Avenue in Beacon, NY.; Close proximity to Beacon Train Station (Metro North, Hudson Line).; Building size: 5,360 SF on 1.49 acres.**
