Five-Bay Automotive
For Sale
$650,000
46 Mechanic, Amenia, NY 12501
COMMERCIAL - Amenia, NY
Property Size4,000 SF
Lot Size0.28 Acres
Price / SF$162.50
Days on Market63
Property Features for 46 Mechanic
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Mixed Use
Standard status
Active
Size
4,000 SF
Lot size
0.28 Acres
Listing Agency:
Brix Real Estate Advisors
Listed By:
Matthew Barbaccia
Added: Jun 11
Changed: Aug 6
Last Checked: Aug 12 at 1:06AM
MLS# 11920703
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive facility contains approximately 4,000 square feet on a 12,196-square-foot lot and is configured with five service bays. The improvements support automotive repair operations, with equipment serving the existing service-bay layout. HM zoning allows continued automotive use, providing a direct fit for the property’s established function.
The property is located at 46 Mechanic in Amenia, NY 12501, within Dutchess County. The site has housed an automotive repair business serving the local community for more than 50 years. Its combination of dedicated service bays, an automotive-oriented zoning designation, and an established operating history creates a focused commercial property profile.
The property is located at 46 Mechanic in Amenia, NY 12501, within Dutchess County. The site has housed an automotive repair business serving the local community for more than 50 years. Its combination of dedicated service bays, an automotive-oriented zoning designation, and an established operating history creates a focused commercial property profile.
Key Highlights
- Approximately 4,000 SF automotive facility
- 12,196 SF lot
- Five service bays
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
$51,180
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
7.87%
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%
$1,023,600
$1.0M
Cap Rate 7%
$731,143
$731.1K
Cap Rate 9%
$568,667
$568.7K
Market Conditions
NOI Build-Up for 4,000 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
$76.3K $19.08/SF
− Vacancy
−$3.2K −$0.80/SF
EGI
$73.1K $18.28/SF
− OpEx
−$21.9K −$5.48/SF
NOI
$51.2K $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%
$1,023,600
Cap Rate 7%
$731,143
Cap Rate 9%
$568,667
Alternative Uses
Best Use
Retail
$731.1K
$639.8K – $853.0K
NOI $51,180 @ 7.0% cap · market cap 7.87%
Second Best
Industrial
$353.4K
$309.2K – $412.3K
NOI $24,739 @ 7.0% cap · market cap 3.81%
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,285 @ 7.0% cap · market cap 12.97%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
5
Service bays
100%
Occupancy
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
160
Businesses Nearby
23k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
8,655 visits/mo
0.1 miles
Cumberland Farms
Shops & Services
8,194 visits/mo
0.1 miles
Shell
Shops & Services
6,065 visits/mo
0.2 miles
Demographics for 12501, NY
2,125
Population
1,062
Households
2
Avg Household Size
47
Median Age
38%
College-Educated
90%
High-School Grad
32.4 sq mi
ZIP Area
66
Density / Sq Mi
$78,716
Median Household Income
$39,420
Median Earnings
$1,295
Median Rent
$305,600
Median Home Value
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
- contact - good boy food truck — 4957 NY-22, Amenia, NY 12501
- DeLango Automotive — 3305 NY-343, Amenia, NY 12501
- Marty Conklin's Garage, Inc. — 46 Mechanic St, Amenia, NY 12501
Frequently Asked Questions
What type of property is this?
Auto shop - HM-zoned property configured for ongoing automotive service operations in Amenia, Dutchess County.
Where is this auto shop located?
The property is located at 46 Mechanic Amenia, NY.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 4,000 SF automotive facility; 12,196 SF lot; Five service bays
