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

    600 Violet Avenue, Hyde Park, NY 12538

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    For Sale
    $1,250,000

    SINGLE_FAMILY - Hyde Park, NY

    Type:Retail
    Property size:
    11,255 SF
    Lot size:
    1.40 Acres
    Price / SF:
    $111/SF
    Added:
    Jun 5, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 6 at 12:06 am

    Property Features for 600 Violet Avenue

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    NC
    Rooms
    Basement
    Parking
    36
    Parking features
    Off Street
    Security features
    Security System
    Basement
    Walk-Out Access
    Standard status
    Active
    APN
    133200-6163-02-599904-0000
    Lot size
    1.40 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    30806

    Utilities

    Utilities
    Cable Available
    Sewer type
    Septic Tank
    Heating system
    Heat Pump (Heating), Oil, Baseboard
    Cooling system
    Ductless, Wall/Window Unit(s), Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1969
    Floors in Building
    1
    Flooring type
    Combination
    Building materials
    Block, Brick

    We can help!

    Listing Contact
    Jennifer Fivelsdal

    Listing agent Jennifer Fivelsdal

    Listing office JFIVE Homes Realty, LLC 162 Deer Run Road, Red Hook, NY

    Listing date Jun 5, 2026

    MLS# 1009527

    Copyright © 2026 OneKey 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 sq. ft. State Route 9G retail/office plaza on 1.4 acres with 95 ft of primary frontage
    • Five of six units leased and reported 95% occupancy, anchored by a long‑standing business equipment dealership and local pizzeria
    • Includes a 1,250 sq. ft. warehouse unit with overhead door (currently owner‑occupied)
    • Parking for 36 vehicles
    • Water source: well; sewer: septic tank
    • Year built: 1969; construction materials include block and brick

    Overview

    This for-sale retail and office plaza is a well-maintained property with multiple units totaling 11,255 square feet on 1.4 acres. The site features 95 feet of primary frontage along State Route 9G and includes a mix of retail/office spaces plus a 1,250-square-foot warehouse unit with an overhead door, which is currently owner-occupied. Parking for 36 vehicles supports day-to-day customer and staff access across the property.

    The property is positioned in Hyde Park, New York on Violet Avenue, within a commercial corridor with nearby higher-education and visitor-oriented destinations cited in the remarks, including Marist University, Dutchess Community College, and the Culinary Institute of America, along with the Franklin D. Roosevelt Presidential Library and the Inn at Bellefield. The remarks also indicate surrounding development activity.

    For buyers or tenants evaluating a multi-unit configuration, the current occupancy level is described as 95% with five of six units actively leased, anchored by a long-standing business equipment dealership and a local pizzeria. The included warehouse unit with an overhead door may also support an operator looking for on-site storage or a distribution-adjacent use while remaining within the broader retail/office tenant mix.
    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
    -73.9076397
    Latitude
    41.7533776

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    FAQs

    What type of property is this?
    Retail space - Well-maintained retail and office plaza with parking and a warehouse unit for flexible tenant use.
    Where is this retail space located?
    The property is located at 600 Violet Avenue 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 sq. ft. State Route 9G retail/office plaza on 1.4 acres with 95 ft of primary frontage; Five of six units leased and reported 95% occupancy, anchored by a long‑standing business equipment dealership and local pizzeria; Includes a 1,250 sq. ft. warehouse unit with overhead door (currently owner‑occupied)
    (845) 594-9947
    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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