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    2 Lafayette Ct Fishkill, NY 12524

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    2 Lafayette Ct Fishkill, NY 12524


    • Showrooms
    • 3,276 SF
    • 4.86 lot acres
    Fishkill Investment Property For Sale For Sale
    $895,000
    9,400 SF

    Fishkill Investment Property For Sale

    Investment property with approved development lot in Fishkill, NY.

    2 Lafayette Ct, Fishkill, NY 12524
    View Listing
    Property ID
    US63-1010300
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    8.2%
    Showrooms
    Location Intelligence

    Current Use by Public Records

    • Arlington Dental Associates: Park Roy H DDS / Dental Office
    • Paes Wilkie S DDS / Dental Office
    • Constantina Bacopoulou / Dental Office

    Property Details for 2 Lafayette Ct

    Year built
    2002
    Lot size
    4.86 lot acres
    Property size
    3,276 SF
    Zone code
    R20
    Property type
    Showrooms
    APN
    133089 6256-04-909429-0000
    APU
    9223372036854775807

    Description

    This exceptional investment opportunity presents a fully leased, income-generating office building located at 2 Lafayette Ct, Fishkill, NY. Currently housing a large, established dental practice, the property boasts a triple-net lease with three years remaining on the initial five-year term, followed by two additional five-year options. This translates to a secure, predictable income stream for the new owner with minimal management responsibilities. The building, originally constructed in 2003 by the current owner, is situated on land held under a 99-year lease, leaving a substantial 79 years remaining for the buyer. The property is offered at $2,000,000. A fixed common area fee of $895.50 is in place. This sale includes the building and the associated land lease. Note that this property is being sold as a package with MLS#416441. All information should be independently verified by the buyer. This is a rare chance to acquire a stable, high-return commercial property with significant long-term potential. The property's strong tenant and favorable lease terms make it an ideal addition to any investment portfolio.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      ML approach
      $490,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $665,000
      6.5%
      $610,000
      7%
      $570,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $649,000
      Market price range: $266k - $650k
      AI Estimate
      $459,000
      Market price range: $180k - $460k
    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $450,000
      Current use
      AUTO REPAIR, GARAGE
      $525,000
      Change: +17% Conversion: Difficult
      OFFICE BUILDING
      $365,000
      Change: -19% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Fishkill
    County
    Dutchess
    State
    New York
    Longitude
    -73.8613
    Latitude
    41.548
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $72,548
    $850,000
    $1,565,000
    $2,415,000
    -
    $850,000
    $1,565,000
    $2,415,000
    View Listing
    More about this property
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