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    FOR SALE
    Showrooms

    2 Lafayette Ct, Fishkill, NY 12524

    3,276 SF 4.86 ac lot Built 2002
    Entity Owned 25-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-1010300
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Showrooms
    Use group SHOW ROOM, WAREHOUSE
    Year built 2002
    Total area 3,276 SF
    Lot 4.86 ac (211,702 SF)
    Zoning code R20
    APN 133089 6256-04-909429-0000
    UPID US63-1010300
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Arlington Dental Associates: Park Roy H DDS Dental Office
    • Paes Wilkie S DDS Dental Office
    • Constantina Bacopoulou Dental Office
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $490k
    CAP Approach CAP
    $610k
    Comparable Approach Comparable
    $650k
    Blend (final) Blend
    $550k
    Owner & transaction history
    Brinkerhoff Park LLC
    Brinkerhoff Park LLC
    1 recorded transaction
    1969
    Zoning & alternative use
    R20 · Fishkill, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Auto repair, garage $525,000 +17.0%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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