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    OFF-MARKET
    Warehouses

    33 Middlebush Rd, Wappingers Falls, NY 12590-4044

    4,419 SF 0.88 ac lot Built 1950
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-4199097
    Property summary
    AI-generated overview

    This exceptional 7,000 square foot industrial warehouse, located at 33 Middlebush Rd in Wappingers Falls, New York (zip code 12590), presents a unique investment opportunity. Currently under construction, this property boasts three bays and five 12-foot overhead doors, providing ample access for loading and unloading. The building features a 14-foot ceiling height, three-phase electric service, and ample parking with 20 spaces. The design incorporates a stucco and stone façade for a modern and durable exterior. The property is zoned to accommodate up to three tenants, making it ideal for an owner-occupant seeking additional income streams or for a savvy investor looking to lease out multiple units. The location offers convenient access with relatively low traffic congestion, making it attractive for businesses requiring efficient ingress and egress. The high daily traffic count of 7,626 cars provides excellent visibility and accessibility. This property is perfect for warehouse, storage, contractor, or light industrial uses. The asking price is $2,190,000. This is a rare opportunity to acquire a newly constructed, versatile industrial space in a desirable location.

    Property profile
    Verified
    Property type Warehouses
    Use group BULK STORAGE, TANKS
    Year built 1950
    Total area 4,419 SF
    Lot 0.88 ac (38,333 SF)
    Zoning code R20/40
    APN 135689 6157-01-414840-0000
    UPID US63-4199097
    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
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    33 Middlebush LLC · 8 yrs held
    33 Middlebush LLC
    since 2017
    3 recorded transactions
    2017
    $85,000
    2014
    2010
    $106,000
    Zoning & alternative use
    R20/40 · Wappingers Falls, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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