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Retail and Warehouse Mixed-Use Property

992 Main Street, Fishkill, NY 12524

For Sale
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A 24-tenant configuration combines customer-facing retail suites with warehouse units.

Property Size47,838 SF
Lot Size4.60 Acres
Price / SF$257.01
Days on Market33

Property Features for 992 Main Street

General Information

Standard status Active
Size 47,838 SF
Lot size 4.60 Acres
Property subtype Retail
Occupancy 88%

Site & Location

Highway Access Yes
Road Access Yes
Mixed-Use Components retail, warehouse

Additional Details

Tenant in Place Yes
Property Use Retail and Flex

Building Details

Tenancy Multi
Listing Agency: CBRE - Saddle Brook
Listed By: Karly Iacono · License #NJ 0345216
Source: Crexi
Added: Oct 8 Changed: Nov 8 Last Checked: Nov 8 at 5:53PM

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 CBRE - Saddle Brook

Rey
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Investment Insights

Based on property information with market context.

At 992 Main Street, this 47,838-square-foot property brings retail storefronts and warehouse units together across two adjoining parcels totaling 4.6 acres. The multi-tenant layout includes 24 tenants and was 88% physically occupied as of January 1, 2027.

The property fronts Main Street (U.S. Route 52), with access to Route 9 and Interstate 84. The New York State Thruway (I-87) is also described as minutes away. Fishkill is home to employers including Onsemi and IBM, and the property is positioned within the Hudson Valley commercial corridor.

Key Highlights

  • 47,838‑square‑foot mixed‑use retail and flex property on 4.6 acres
  • 24 tenants across retail storefronts and warehouse units
  • 88% physically occupied as of January 1, 2027

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$785,266
Cap Rate
6.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,705,320 $15.7M
Cap Rate 7%
$11,218,086 $11.2M
Cap Rate 9%
$8,725,178 $8.7M
Market Conditions
NOI Build-Up for 47,838 SF
Gross rent
$1.32M $27.60/SF
− Vacancy
−$112.2K −$2.35/SF
EGI
$1.21M $25.25/SF
− OpEx
−$422.8K −$8.84/SF
NOI
$785.3K $16.42/SF
Area
Dutchess County, NY
Vacancy
8.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$15,705,320
Cap Rate 7%
$11,218,086
Cap Rate 9%
$8,725,178

Alternative Uses

Best Use
Flex RnD
$11.22M
$9.82M – $13.09M (±1% cap)
NOI $785,266 @ 7.0% cap · market cap 6.39%
Second Best
Retail
$8.74M
$7.65M – $10.20M (±1% cap)
NOI $612,090 @ 7.0% cap · market cap 4.98%
Theoretical Best
Office A
$14.40M
$12.60M – $16.80M (±1% cap)
NOI $1,008,006 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tanjore Cuisine Of India Restaurant Il Figlio Enoteca Restaurant LevelUP Baseball Training ... Training Center La Sorella Cafe & Coffee Shop Excel Urgent Care ... Medical Clinic

Suggested Use

Top Pick Electrical Service Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Daycare Center Plumbing Service

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

88%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,521
Businesses Nearby

Demographics for 12524, NY

15,617
Population
6,702
Households
2.3
Avg Household Size
46
Median Age
36%
College-Educated
94%
High-School Grad
16.8 sq mi
ZIP Area
930
Density / Sq Mi
$95,713
Median Household Income
$59,017
Median Earnings
$1,806
Median Rent
$373,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Mixed-use properties in Dutchess County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - A 24-tenant configuration combines customer-facing retail suites with warehouse units.
Where is this mixed-use property located?
The property is located at 992 Main Street Fishkill, NY.
What is the asking price?
The asking price for this property is $12,295,000.
What are key features of this property?
This property features: 47,838‑square‑foot mixed‑use retail and flex property on 4.6 acres; 24 tenants across retail storefronts and warehouse units; 88% physically occupied as of January 1, 2027
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