Mixed-Use Property with Ranch
63 Alley Rd, Lagrangeville, NY 12540
For Sale
$650,000
The commercial building is divided into five units, with one currently occupied by a tenant who wishes to stay.
Property Size4,358 SF
Lot Size1.20 Acres
Price / SF$149.15
Days on Market43
Property Features for 63 Alley Rd
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Utilities to Site
Tenant in Place
Amenities
enclosed sunroom
deck
generator
Building Details
Year Built
Buildings
Construction
Listing Agency:
Asset Property Realty Services
Listed By:
Toni Scalici
(845) 896-8833
Source:
Searchhomesinlongisland
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 7:31AM
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 Asset Property Realty Services
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Investment Insights
Based on property information with market context.
A 1.2-acre level property combines a two-bedroom ranch-style house with a concrete-block commercial building. The house has an open kitchen and dining area, a walk-in shower, and an enclosed sunroom opening to a 12-by-12-foot deck. The commercial building is arranged as five units, one of which is leased to a tenant interested in remaining. Oil heat serves the commercial building.
Electrical service at the commercial building is 800 amp, three-phase. An automatic 7.5 HP generator is configured to power most of the house and the building’s heat and water. The property has one well and two septic systems. The house roof was replaced in 2010; the commercial building’s rubberized roof dates to 2021, and its shed roof to 2022.
Electrical service at the commercial building is 800 amp, three-phase. An automatic 7.5 HP generator is configured to power most of the house and the building’s heat and water. The property has one well and two septic systems. The house roof was replaced in 2010; the commercial building’s rubberized roof dates to 2021, and its shed roof to 2022.
Key Highlights
- 1.2‑acre level property with a two‑bedroom ranch house and concrete‑block commercial building
- Commercial building divided into 5 units; 1 is occupied by a tenant wishing to stay
- 800 amp, three‑phase electrical service at the commercial building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,950
Cap Rate
8.15%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,000
$1.1M
Cap Rate 7%
$756,429
$756.4K
Cap Rate 9%
$588,333
$588.3K
Market Conditions
NOI Build-Up for 4,358 SF
Gross rent
$94.1K $21.60/SF
− Vacancy
−$9.4K −$2.16/SF
EGI
$84.7K $19.44/SF
− OpEx
−$31.8K −$7.29/SF
NOI
$52.9K $12.15/SF
Area
Dutchess County, NY
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,059,000
Cap Rate 7%
$756,429
Cap Rate 9%
$588,333
Alternative Uses
Best Use
Mixed Use
$756.4K
$661.9K – $882.5K
NOI $52,950 @ 7.0% cap · market cap 8.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,828 @ 7.0% cap · market cap 14.13%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
26
Businesses Nearby
Explore this area
Business Placement
Demographics for 12540, NY
7,666
Population
3,318
Households
2.3
Avg Household Size
44
Median Age
43%
College-Educated
96%
High-School Grad
35.3 sq mi
ZIP Area
217
Density / Sq Mi
$107,436
Median Household Income
$47,849
Median Earnings
$2,077
Median Rent
$443,800
Median Home Value
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Market
Properties on Market for Mixed-use properties in Dutchess County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The commercial building is divided into five units, with one currently occupied by a tenant who wishes to stay.
Where is this mixed-use property located?
The property is located at 63 Alley Rd Lagrangeville, 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: 1.2‑acre level property with a two‑bedroom ranch house and concrete‑block commercial building; Commercial building divided into 5 units; 1 is occupied by a tenant wishing to stay; 800 amp, three‑phase electrical service at the commercial building
