Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    554 Main St, Unit 4 Beacon, NY 12508

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $2,200 /Mo

    Updated 1 bed, 1 bath apartment with utilities included.

    Property Features for 554 Main St

    General Information

    Exterior features
    exterior_features, : ["Cable Available", "Electricity Available", "Natural Gas Available", "Sewer Connected", "Trash Collection Private", "Water Available"]
    Interior features
    Interior Feature 1, : "Cable Ready", "Interior Feature 2": "Electric", "Interior Feature 3": "Dishwasher", "Interior Feature 4": "ENERGY STAR Qualified Appliances", "Interior Feature 5": "Gas Range", "Interior Feature 6": "Refrigerator", "Interior Feature 7": "Stainless Steel Appliance(s)"

    Building Details

    Year built
    1945

    We can help!

    Listing Contact
    BHHS Hudson Valley Properties
    Source: Kw

    Listing Agent: BHHS Hudson Valley Properties

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Renovated Apartment with Waterfall View

    This renovated apartment features one bedroom and one bathroom. The unit includes a brand-new kitchen equipped with stainless steel appliances. The bathroom has been modernized, and fresh paint has been applied throughout the apartment. On-site laundry access is available for residents. A notable feature is the stunning waterfall view. Major utilities are included: electric, hot water, heat, cooling, and private trash collection. The tenant is responsible for cooking gas. The apartment is move-in-ready.
    Location Intelligence

    Current Use by Public Records

    Walden Savings Bank Loan Agency Beacon Dcap - Food ... Food Bank Goldleaf Home Improvement Carpenter Melzingah Tap House Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Beacon
    County
    Dutchess
    State
    New York
    Longitude
    -73.9626179
    Latitude
    41.5037038

    Nearby Similar for Lease

    • $1,400 /Mo

      Versatile Mixed-Use Property For Rent

      Two commercial units in high-traffic location, ideal for small business.
      634 Route 52, Beacon, NY 12508
      View Details
    • $1,400 /Mo

      Versatile Mixed-Use Property For Rent

      Two commercial units in high-traffic location, ideal for small business.
      634 Route 52, Beacon, NY 12508
      View Details
    • $1.00 SF/Yr

      Restored Historic Telephone Building Office

      Restored 1907 building with modern amenities in Beacon, NY.
      291 Main St, Beacon, NY 12508
      View Details
    • Contact for pricing
      6,542 SF

      Beacon Main Street Retail Opportunity

      Prime Beacon retail space, 6,542 sq ft, drive-thru.
      364 Main St, Beacon, NY 12508
      View Details
    • $2,550 /Mo

      Renovated Beacon Home with Garden

      Recently renovated two-bedroom home with office and shared garden.
      86 Rombout Ave, Beacon, NY 12508
      View Details
    • $1,800 /Mo

      Beacon 2-Bedroom Apartment Available

      Cozy 2-bedroom apartment with easy access to transportation and amenities.
      1256 North Ave, Beacon, NY 12508
      View Details
    • $1,450,000
      5,360 SF

      Former Dealership Commercial Building

      Former Mitsubishi Dealership available for sale in Beacon, NY.
      409 Fishkill Ave, Beacon, NY 12508
      View Details
    • $3,200,000
      19,857 SF

      Commercial Building in Beacon, NY

      Commercial building for sale or lease in Beacon, NY.
      410 Fishkill Ave, Beacon, NY 12508
      View Details
    • $1,750 /Mo
      750 SF

      Beacon Apartment Near Main Street

      Well-maintained 1-bedroom apartment near Main Street with parking included.
      31 Cross St, Beacon, NY 12508
      View Details
    • $17 SF/Yr
      10,158 SF

      Commercial Building in Beacon, NY

      Commercial building for sale/lease near Beacon retailers and landmarks.
      420 Fishkill Ave, Beacon, NY 12508
      View Details
    • $6,500 /Mo

      East End Retail/Manufacturing Space

      Over 3000 SF space suitable for retail/manufacturing.
      578 Main St, Beacon, NY 12508
      View Details
    • $5,000 /Mo

      Commercial Rental Space in Beacon

      Prime location with spacious layout suitable for various businesses.
      123 Rombout Ave, Beacon, NY 12508
      View Details

    FAQs

    What type of property is this?
    Apartment building - Updated 1 bed, 1 bath apartment with utilities included.
    Where is this apartment building located?
    The property is located at 554 Main St, Unit 4 Beacon, NY.
    What are key features of this property?
    This property features: - All major utilities included, covering electric, hot water, heat, cooling, and private trash collection.; - **Brand-new kitchen with stainless steel appliances.**; - Fully renovated with modern bathroom and fresh paint.
    Request Owner's contact information
    554 Main St, Unit 4 Beacon, NY 12508
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    554 Main St, Unit 4
    Beacon, NY 12508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    554 Main St, Unit 4 Beacon, NY 12508
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    BHHS Hudson Valley Properties
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.