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    127133 Old Route 9 Fishkill, NY 12524

    For Sale
    $1,200,000

    3.54-acre property, high redevelopment potential.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional 3.54-acre property located at 127133 Old Route 9, Fishkill, NY 12524, presents a unique investment opportunity. The offering includes a single-family home and a detached three-unit apartment building, totaling 4,420 square feet of finished space, plus several garages and storage structures. Built in 1900, the property boasts mature landscaping, an in-ground swimming pool, a large driveway, and ample parking. The property benefits from its prime location on Route 9 and is zoned for general business use, opening doors to significant redevelopment and expansion possibilities. Permitted uses under the zoning include self-storage facilities, warehouses, contractor establishments, passenger transportation terminals, and more. While currently serviced by a drilled well, municipal water may be an option. The existing rental income from the apartment units helps offset property expenses, making this an attractive proposition for an owner-user seeking to gradually expand their commercial venture while managing existing tenants. This substantial parcel offers a rare blend of residential and commercial potential in a thriving area.

    Property Features for 127133 Old Route 9

    General Information

    Property type
    Multifamily properties
    Lot Size
    154,202 SF

    Building Details

    Year Built
    1900

    HighLights

    • $1,200,000 asking price.
    • Multifamily property consisting of a single‑family home and a 3‑unit apartment building.
    • Located on 3.54 acres in Fishkill, NY, with Route 9 frontage.
    • General Business zoning allows for potential redevelopment and expansion.
    • Features mature landscaping, multiple garages/outbuildings, an in‑ground pool, and ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishkill
    County
    Dutchess
    State
    New York
    Longitude
    -73.9012249
    Latitude
    41.5527621

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    FAQs

    What type of property is this?
    Multifamily property - 3.54-acre property, high redevelopment potential.
    Where is this multifamily property located?
    The property is located at 127133 Old Route 9 Fishkill, NY.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: $1,200,000 asking price.; Multifamily property consisting of a single-family home and a 3-unit apartment building.; Located on 3.54 acres in Fishkill, NY, with Route 9 frontage.
    Request Owner's contact information
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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
    127133 Old Route 9 Fishkill, NY 12524
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