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    300 Westage Business Ctr Dr Fishkill, NY 12524
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    Property profile & analytics

    300 Westage Business Ctr Dr Fishkill, NY 12524

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    • Office buildings
    • 117,740 SF
    • 6.34 lot acres
    For Lease
    $29 SF/Yr
    View Listing →
    Class A Office Suites Available For Lease
    $29 SF/Yr

    Class A Office Suites Available

    Professional pre-built office suites for lease in Fishkill, NY.

    300 Westage Business Center Drive, Fishkill, NY 12524
    View Listing
    Property ID
    US63-0417643
    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
    Location Intelligence

    Current Use by Public Records

    • The Maurer Law Firm, PLLC / Law Firm
    • Cuddy & Feder LLP / Law Firm
    • Sholes Miller Rodriguez & Brown, PLLC / Law Firm
    • Novisync Solutions, Inc. / (Bike/Boat/Book/etc) Store / Corporate Office
    • MedAllies, Inc. / Tech Support Center / (Bike/Boat/Book/etc) Store

    Property Details for 300 Westage Business Ctr Dr

    Year built
    1987
    Lot size
    6.34 lot acres
    Property size
    117,740 SF
    Zone code
    PSC
    Property type
    Office buildings
    APN
    133089 6155-00-984582-0000
    APU
    9223372036854775807

    Description

    This exceptional Class A office building, located at 300 Westage Business Center Drive in Fishkill, NY, offers a variety of executive office suites for lease. The four-story building boasts a total of 120,000 square feet, with flexible space options ranging from a minimum of 2,061 square feet to a maximum contiguous space of 19,412 square feet. Currently, 63,512 square feet of space is available. The property sits on a 6.34-acre lot and provides ample parking with 370 spaces. Building amenities include elevators. Strategically located at the northwest intersection of US Route 9 and Interstate 84, this property offers unparalleled access to major transportation arteries, including the New York State Thruway, Taconic State Parkway, and Stewart International Airport. Commuters will also appreciate the proximity to Beacon and New Hamburg Metro-North Train Stations, providing convenient access to Grand Central Terminal. This Dutchess County location provides a professional and efficient work environment in a highly desirable area. The building's Class A designation reflects its high-quality construction and modern features. Inquire today about leasing opportunities to secure your ideal office space in this prime location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $3,729,000
      Market price range: $3.00M - $9.54M

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

    Location Insight

    • Map
    • Local Demand
    City
    Fishkill
    County
    Dutchess
    State
    New York
    Longitude
    -73.8948
    Latitude
    41.5247
    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
    $358,278
    $2,500,000
    $7,475,000
    $9,975,000
    -
    $2,500,000
    $7,475,000
    $9,975,000

    Comparable in this City

    • Value Estimation
      $12,930,000
      118,800 SF

      60 Merritt Blvd

      OFFICE BUILDING • 118,800 SF
      60 Merritt Blvd, Fishkill, NY 12524-2990
      View Details
    • Value Estimation
      $2,560,000
      19,480 SF

      1401 Rte 52

      OFFICE BUILDING • 19,480 SF
      1401 Rte 52, Fishkill, NY 12524-3254
      View Details
    • Value Estimation
      $7,610,000
      56,704 SF

      600 Westage Business Ctr Dr

      PROFESSIONAL BUILDING • 56,704 SF
      600 Westage Business Ctr Dr, Fishkill, NY 12524-2281
      View Details
    • Value Estimation
      $605,000
      4,000 SF

      209 Old Rte 9th 9

      OFFICE BUILDING • 4,000 SF
      209 Old Rte 9th 9, Fishkill, NY 12524-2476
      View Details
    • Value Estimation
      $860,000
      16,038 SF

      1070-1072 Rte 9th 9

      OFFICE BUILDING • 16,038 SF
      1070-1072 Rte 9th 9, Fishkill, NY 12524
      View Details
    • Value Estimation
      $850,000
      9,768 SF

      1071-1073 Main St

      OFFICE BUILDING • 9,768 SF
      1071-1073 Main St, Fishkill, NY 12524
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,608 SF

      Professional Office Spaces For Sale

      Professional office spaces available near major transportation routes.
      1070-1072 Us-9, Fishkill, NY 12524
      View Details
    • $1,350,000

      Victorian Office Landmark For Sale

      High-profile Victorian building with modern amenities, ideal for professional firms.
      892 Main St, Fishkill, NY 12524
      View Details
    • $3,250,000
      28,608 SF

      Professional Office Spaces For Sale

      Professional office spaces available near major transportation routes.
      1070-1072 Us-9, Fishkill, NY 12524
      View Details
    • Contact for pricing

      Historic Office Building in Fishkill

      Historic building converted to professional office space in Fishkill.
      1072 Main St, Fishkill, NY 12524
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr

      Class A Office Suites Available

      Professional pre-built office suites for lease in Fishkill, NY.
      300 Westage Business Ctr Dr, Fishkill, NY 12524
      View Details
    • Contact for pricing
      1,440 SF

      Fishkill Medical/Clerical Office Space

      Medical/clerical office spaces for lease in Fishkill, NY.
      798 Route 9, Fishkill, NY 12524
      View Details
    • Contact for pricing

      Office Space Available For Rent

      2,467 SF office space coming available for rent.
      584 Route 9, Fishkill, NY 12524
      View Details
    View Listing
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    Fishkill, NY 12524
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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