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    415 Ny-376 Hopewell Junction, NY 12533

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    High-Occupancy Retail Center in Hopewell Junction, NY

    Property size:
    51,940 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 51,940 square foot shopping center presents a compelling investment opportunity. Located at 415 NY-376 in Hopewell Junction, NY (zip code 12533), this multi-tenant retail property boasts an impressive 85% occupancy rate. Anchored by a CVS Pharmacy, the center benefits from strong tenant stability and consistent cash flow. Situated in Dutchess County, New York, the property enjoys a prime location within a thriving suburban community. Hopewell Junction's strategic position offers easy access to larger cities like Poughkeepsie, while maintaining its appealing rural character. The area is known for its blend of residential neighborhoods, parks, and local businesses, creating a robust customer base for the center's tenants. The surrounding Hudson Valley region adds to the property's appeal, offering scenic landscapes, recreational opportunities, and historic sites that attract both residents and tourists. This well-positioned shopping center represents a rare opportunity to acquire a stable, high-performing asset in a desirable location. The property's strong occupancy and established tenant base make it an ideal investment for those seeking a reliable income stream and potential for future growth. Detailed financial information is available upon request.

    Property Features for 415 Ny-376

    General Information

    Property type
    Lifestyle centers
    Square Feet
    51,940 SF

    HighLights

    • 51,940 SF shopping center in Hopewell Junction, NY (12533).
    • 85% occupancy rate, anchored by CVS.
    • Strong tenant stability and consistent cash flow.
    • Prime location in thriving Dutchess County suburban community, offering easy access to Poughkeepsie.
    • Well‑positioned for strong customer base due to residential neighborhoods, parks, and local businesses.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Map

    City
    Hopewell Junction
    County
    Dutchess
    State
    New York
    Longitude
    -73.8087302
    Latitude
    41.5786304

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    FAQs

    What type of property is this?
    Lifestyle center - High-Occupancy Retail Center in Hopewell Junction, NY
    Where is this lifestyle center located?
    The property is located at 415 Ny-376 Hopewell Junction, NY.
    What are key features of this property?
    This property features: 51,940 SF shopping center in Hopewell Junction, NY (12533).; 85% occupancy rate, anchored by CVS.; Strong tenant stability and consistent cash flow.
    Request Owner's contact information
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    Hopewell Junction, NY 12533
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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
    415 Ny-376 Hopewell Junction, NY 12533
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