Two-Story Office
For Sale
Contact for pricing
7468 S Broadway, Red Hook, NY 12571
The two-level plan includes private offices, a conference room, reception space, and a half bath on each floor.
Property Size1,955 SF
Price / SF$1.02
Days on Market18
Property Features for 7468 S Broadway
General Information
Standard status
Active
Size
1,955 SF
Property subtype
Mixed Use
Space & Availability
Floor
1-2
Condition
Newly Renovated
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Office Units
1
Property Use
Office
Building Details
Year Built
1988
Owner Occupied
No
Listing Agency:
Mondello Upstate Properties
(845) 758-5555
Listed By:
Catherine Mondello · License #10491204158
(845) 518-0256
Source:
Neilcharlesrealestate
Added: Oct 15
Changed: Oct 30
Last Checked: Oct 30 at 2:10AM
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 Mondello Upstate Properties
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Investment Insights
Based on property information with market context.
This 1,955-square-foot office unit in Red Hook has a lobby, three offices, a conference room, and a half bath on each level. Flooring and lighting have been updated, and the building dates to 1988.
Off-street parking is available at the property on S Broadway. The space is scheduled to be available December 1, 2026.
Off-street parking is available at the property on S Broadway. The space is scheduled to be available December 1, 2026.
Key Highlights
- 1,955‑square‑foot office unit
- Three offices, a conference room, and a lobby across two floors
- Half bath on each floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,291
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,820
$625.8K
Cap Rate 7%
$447,014
$447.0K
Cap Rate 9%
$347,678
$347.7K
Market Conditions
NOI Build-Up for 1,955 SF
Gross rent
$53.5K $27.36/SF
− Vacancy
−$11.8K −$6.02/SF
EGI
$41.7K $21.34/SF
− OpEx
−$10.4K −$5.34/SF
NOI
$31.3K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$625,820
Cap Rate 7%
$447,014
Cap Rate 9%
$347,678
Alternative Uses
Best Use
Office B
$447.0K
$391.1K – $521.5K
NOI $31,291 @ 7.0% cap · market cap 1,564.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$588.5K
$514.9K – $686.6K
NOI $41,194 @ 7.0% cap · market cap 2,059.70%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
561
Businesses Nearby
Explore this area
Business Placement
Demographics for 12571, NY
9,600
Population
4,454
Households
2.2
Avg Household Size
47
Median Age
52%
College-Educated
95%
High-School Grad
58.1 sq mi
ZIP Area
165
Density / Sq Mi
$115,200
Median Household Income
$54,338
Median Earnings
$1,338
Median Rent
$386,300
Median Home Value
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office unit - The two-level plan includes private offices, a conference room, reception space, and a half bath on each floor.
Where is this office unit located?
The property is located at 7468 S Broadway Red Hook, NY.
What are key features of this property?
This property features: 1,955‑square‑foot office unit; Three offices, a conference room, and a lobby across two floors; Half bath on each floor
