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    2 Lafayette Ct Fishkill, NY 12524

    Sponsored
    For Sale
    $895,000

    Prime Retail Location, Development Potential

    Property size:
    9,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents two existing retail buildings totaling 9,400 square feet situated on a 4.86-acre lot in Fishkill, New York. Currently vacant, this property offers immediate potential for redevelopment or lease. The buildings are strategically located on NY State Route 82, boasting high visibility and convenient access to major transportation arteries. US Route 9 is a mere four minutes away, while Interstate 84 (Exit 16) and the Taconic State Parkway are within a six and ten-minute drive respectively. The property features 225.1 feet of frontage on NY State Route 82, providing ample space for signage and customer access. The expansive lot includes a development pad suitable for an additional 3,200 square foot building, presenting significant expansion possibilities. One building includes lower-level storage space. The asking price is $895,000, translating to $95.21 per square foot. This property represents a rare chance to acquire a substantial retail holding with significant upside potential in a high-traffic location. The property's location offers excellent visibility and accessibility, making it an ideal investment for both experienced and emerging developers or investors seeking a strong return. The existing buildings provide immediate income potential upon lease, while the development pad allows for future expansion and increased revenue streams. This is a turnkey opportunity to capitalize on the growing commercial market in Fishkill, NY.

    Property Features for 2 Lafayette Ct

    General Information

    Property type
    Retail properties
    Square Feet
    9,400 SF
    Lot Size
    211,702 SF

    HighLights

    • 9,400 SF of existing retail space on a 4.86‑acre lot in Fishkill, NY.
    • Currently vacant, offering redevelopment or lease potential.
    • High‑visibility location on NY State Route 82, with easy access to US Route 9, I‑84 (Exit 16), and the Taconic State Parkway.
    • 225.1 feet of frontage on NY State Route 82.
    • Development pad for an additional 3,200 SF building.
    • Asking price: $895,000 ($95.21/SF).
    Property Profile Location Intelligence

    Current Use by Public Records

    Arlington Dental Associates: ... Dentist Paes Wilkie S ... Dentist Constantina Bacopoulou Dentist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishkill
    County
    Dutchess
    State
    New York
    Longitude
    -73.8618162
    Latitude
    41.5489033

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    FAQs

    What type of property is this?
    Retail property - Prime Retail Location, Development Potential
    Where is this retail property located?
    The property is located at 2 Lafayette Ct Fishkill, NY.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: 9,400 SF of existing retail space on a 4.86-acre lot in Fishkill, NY.; Currently vacant, offering redevelopment or lease potential.; High-visibility location on NY State Route 82, with easy access to US Route 9, I-84 (Exit 16), and the Taconic State Parkway.
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    2 Lafayette Ct Fishkill, NY 12524
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    Fishkill, NY 12524
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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
    2 Lafayette Ct Fishkill, NY 12524
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