Listing Agency: LEGRAND REAL ESTATE, INC. l***@aol.com Show Phone

Listed By: THOMAS LEGRAND · License #31LE0841720

Source: Corcoran

Added: Apr 8, 2024 Changed: Jul 6 Last Checked: Jul 30 at 8:07AM

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Investment Insights

Based on property information with market context.

This 4500 square foot space, previously used as a dance studio and fitness area, offers ample parking and abundant natural light. The clear-span layout includes three additional rooms and a small kitchen. The space features central air conditioning and 10-foot ceilings. Situated in the village, it is within walking distance of the post office and restaurants. The property has a private entrance and is located on the ground floor. Overhead doors could be installed. The owner would consider subdividing the space in half. This space is suitable for distribution, warehousing, or a data center.

Key Highlights

• Large 4500 sq ft clear span space suitable for various uses (dance, fitness, distribution, warehouse, data center).
• Ample parking and private entrance.
• Prime village location: walk to post office and restaurants.

Property Analytics

Property Profile

Current Use

Joelene's Images Photography Service Village Fabric Shoppe (Bike/Boat/Book/etc) Store Mexicana Grocery Store Grocery & Convenience Store The Kids Shoppe Discount Store Annex Antiques Center Home Decor Store

Suggested Use

Top Pick Parking Lot & Garage Garden Center (Bike/Boat/Book/etc) Store Computer & Electronic Repair Carpet & Flooring Store Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)

Lease Type

Location Intelligence

Trade Area within ½ mile

412

Businesses Nearby

Under-served

Demand for This Use

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

Market

Vacancy Rate% for Industrial in Northeast region

5.4% 2019

4.6% 2020

3.2% 2021

3.3% 2022

5.3% 2023

6.6% 2024

7.6% 2025

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Frequently Asked Questions

What type of property is this?

Warehouse - 4500 sq ft space suitable for various business purposes.

Where is this warehouse located?

The property is located at 7578 N Broadway Red Hook, NY.

What is the lease rate?

The lease rate is $3,500 /Mo.

What are key features of this property?

This property features: Large 4500 sq ft clear span space suitable for various uses (dance, fitness, distribution, warehouse, data center).; Ample parking and private entrance.; Prime village location: walk to post office and restaurants.