Farm with Dairy and Creamery
For Sale
$7,500,000
7775 Albany Post Road, Red Hook, NY 12571
Agricultural property on Route 9 includes a dairy barn, an ice cream production building, and a historic farmhouse.
Property Size45,000 SF
Price / SF$166.67
Days on Market185
Property Features for 7775 Albany Post Road
General Information
Standard status
Active
Size
45,000 SF
Property subtype
Commercial
Zoning
ABD
Taxes and HOA fees
Annual Taxes
$56,567
Building Details
Building Size
45,000 SF
Year Built
1790
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Joseph Distelburger · License #30DI0835053
(845) 344-7170
Source:
Gillianstewart
Added: Apr 24
Changed: Oct 23
Last Checked: Oct 23 at 2:34PM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This Red Hook farm includes a dairy barn built in 2018 with 110 stalls, a separate building equipped for ice cream manufacturing, and a historic farmhouse dating to 1790. The robotic milker requires rebuilding. The property is offered with its real estate and equipment; the operating business is not included in the sale, though it may be available separately.
The land extends along Route 9 and is identified as zoned ABD. The farmhouse is described as being in good condition. Together, the agricultural buildings and residence provide a varied set of existing improvements on the property.
The land extends along Route 9 and is identified as zoned ABD. The farmhouse is described as being in good condition. Together, the agricultural buildings and residence provide a varied set of existing improvements on the property.
Key Highlights
- 2018 dairy barn with 110 stalls
- Separate ice cream manufacturing building with commercial‑grade equipment
- Robotic milker on site; requires rebuilding
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$278,314
Cap Rate
3.71%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,566,280
$5.6M
Cap Rate 7%
$3,975,914
$4.0M
Cap Rate 9%
$3,092,378
$3.1M
Market Conditions
NOI Build-Up for 45,000 SF
Gross rent
$426.6K $9.48/SF
− Vacancy
−$29.0K −$0.64/SF
EGI
$397.6K $8.84/SF
− OpEx
−$119.3K −$2.65/SF
NOI
$278.3K $6.18/SF
Area
Dutchess County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,566,280
Cap Rate 7%
$3,975,914
Cap Rate 9%
$3,092,378
Alternative Uses
Best Use
Industrial
$3.98M
$3.48M – $4.64M
NOI $278,314 @ 7.0% cap · market cap 3.71%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.55M
$11.85M – $15.80M
NOI $948,205 @ 7.0% cap · market cap 12.64%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
29
Businesses Nearby
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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 Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Farm - Agricultural property on Route 9 includes a dairy barn, an ice cream production building, and a historic farmhouse.
Where is this farm located?
The property is located at 7775 Albany Post Road Red Hook, NY.
What is the asking price?
The asking price for this property is $7,500,000.
What are key features of this property?
This property features: 2018 dairy barn with 110 stalls; Separate ice cream manufacturing building with commercial‑grade equipment; Robotic milker on site; requires rebuilding
