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    Retail/Office Plaza with Warehouse Unit Title is generated by Realmo AI

    600 Violet Ave, Hyde Park, NY 12538

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    For Sale
    $1,250,000

    Commercial Building - Hyde Park, NY

    Property size:
    11,255 SF
    Lot size:
    1.40 Acres
    Price / SF:
    $111/SF
    Added:
    Jun 5, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 7 at 11:06 am

    Property Features for 600 Violet Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    200
    Rooms
    Basement, Kitchen
    Parking features
    Garage
    Basement Y/N
    1
    Standard status
    Active
    APN
    000000-006.000-0002-599.000
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    30736

    Utilities

    Heating system
    Baseboard, Electric (Heating), Heat Pump (Heating), Oil
    Cooling system
    Central Air

    Building Details

    Year built
    1969
    Year renovated
    1969
    Building materials
    Brick, Vinyl Siding, Wood Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Jennifer Fivelsdal

    Listing agent Jennifer Fivelsdal

    Listing office JFIVE HOMES REALTY LLC 162 DEER RUN RD, RED HOOK, NY

    Listing date Jun 5, 2026

    MLS# 11802154 Listing URL

    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.

    HighLights

    • 11,255 SF retail/office plaza on 1.4 acres with 95 ft frontage on State Route 9G
    • 95% occupied with strong anchor tenants; five of six units currently leased
    • Parking for 36 vehicles and includes a garage
    • Includes a 1,250 SF warehouse unit with an overhead door (currently owner‑occupied)
    • Built in 1969 with basement, central air, asphalt roof, and heating options including electric, oil, baseboard, and heat pump
    • Located near Marist University, Dutchess Community College, and The Culinary Institute of America

    Overview

    This retail/office plaza totals 11,255 square feet on 1.4 acres, offering 95 feet of primary frontage on State Route 9G. The property is arranged as six individual units, with five of the six currently leased. It is anchored by a long-standing business equipment dealership and a local pizzeria with 30+ years of tenure. The building also includes a 1,250-square-foot warehouse unit with an overhead door that is currently owner-occupied.

    Parking is provided for 36 vehicles. The plaza is located in a commercial corridor near Marist University, Dutchess Community College, The Culinary Institute of America, the Franklin D. Roosevelt Presidential Library, and the Inn at Bellefield, with additional development underway in the area.

    For tenants and buyers, the mix of leased retail/office units plus a dedicated warehouse component supports a range of operational needs, including firms seeking street-facing presence while retaining access to light-use storage or distribution through the on-site overhead door. The current configuration also offers immediate income-producing occupancy through the existing leased units.
    Property Profile Location Intelligence

    Current Use by Public Records

    T'n'F Pizza Restaurant Textur Hair and Colour ... Hair Salon Triple A Tax Services Tax Preparation GJW-Equity Corporate Office ANTHONY PRYCE, VALLEY ... Real Estate Agency

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hyde Park
    County
    Dutchess
    State
    New York
    Longitude
    -73.907682
    Latitude
    41.753317

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant plaza on State Route 9G with parking and an attached warehouse unit with an overhead door.
    Where is this retail space located?
    The property is located at 600 Violet Ave Hyde Park, NY.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: 11,255 SF retail/office plaza on 1.4 acres with 95 ft frontage on State Route 9G; 95% occupied with strong anchor tenants; five of six units currently leased; Parking for 36 vehicles and includes a garage
    (845) 758-6842
    We can help!
    Listing Contact
    Jennifer Fivelsdal
    Request Owner's contact information
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    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.

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