21 Old Main St Fishkill, NY 12524
This exceptional Class A creative office building, located at 21 Old Main Street in Fishkill, NY, presents a compelling investment opportunity. The 19,360-square-foot property, built in 1988 and extensively renovated in 2023, boasts a strong 6.55% cap rate with a pro-forma rate of 8.00%. The current Net Operating Income (NOI) stands at $150,566, projected to increase to $181,292. The asking price is $2,300,000, translating to $118.80 per square foot. This elevator building offers ample parking with 72 spaces, ensuring convenience for tenants and visitors. Situated in a prime location directly adjacent to All Sport Health and Fitness, and with easy access to Routes 9, 52, and I-84, as well as the Westage Business Center, the property benefits from excellent visibility and accessibility within the heart of Fishkill's business district. The building currently houses a diverse range of high-quality tenants across various industries, including healthcare, law, wellness, and publications. Only two units are currently vacant, both immediately available for occupancy. This property offers a stable tenant base and represents a significant opportunity for portfolio diversification and strong returns. The building features multiple entrances, adding to its functionality and appeal.
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Northeast Regional Epilepsy Group Hospital
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BEACON OF LIGHT WELLNESS Physician
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Empowered By Nature Gym & Fitness Center Alternative Medicine Practice
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Littman Krooks LLP Law Firm
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Lovely Beyond Words Holistic Beauty + Massage Alternative Medicine Practice Spa & Massage Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.