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    7392 S Broadway Red Hook, NY 12571

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    For Sale
    $1,795,000

    Versatile mixed-use property with development potential in a prime location.

    Property Features for 7392 S Broadway

    General Information

    Standard status
    Active

    Building Details

    Year built
    1940

    Source: FOUR SEASONS SOTHEBYS INTL Agent ELIANE M. ABRAMOFF

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

    Overview

    Historic Building in Red Hook Village

    Located in the Village of Red Hook along the Rhinebeck/Hudson corridor, this property features a building with over 5200 square feet, ceilings exceeding 20 feet, and a 3200 square foot full-height lower level. Situated on 1.27 acres, the property benefits from NMU Zoning, which allows for a variety of uses including eateries, retail, housing, multi-family dwellings, offices, education, day-care, medical facilities, and general business operations. Originally designed as a soap factory in the 1940s by Eugene Callison, the U-shaped building includes a central courtyard. The level property offers potential for further development and outdoor activities. Located on Route 9 (S Broadway), the property benefits from thoroughfare and sidewalk traffic, with ample rear parking. Infrastructure upgrades have been implemented by the current owner. This historic building presents opportunities for various architectural and landscape designs, including a village residence or studio. The property is suitable for creative users and investors looking to capitalize on growth in Red Hook.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ford Franklin Chiropractor The ARTS Center of the Greater ... Non-Profit Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Red Hook
    County
    Dutchess
    State
    New York
    Longitude
    -73.879585
    Latitude
    41.990416

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile mixed-use property with development potential in a prime location.
    Where is this mixed-use property located?
    The property is located at 7392 S Broadway Red Hook, NY.
    What is the asking price?
    The asking price for this property is $1,795,000.
    What are key features of this property?
    This property features: - Prime location in the Village of Red Hook with high growth potential.; - Flexible NMU zoning allows for diverse uses: eateries, retail, housing, offices, and more.; - Spacious **5200+ sqft building with 20’+ ceilings**, plus a 3200 sqft full-height lower level.
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    Realmo Value Estimation

    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.

    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.

    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
    7392 S Broadway Red Hook, NY 12571
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