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Property profile & analytics
OFF-MARKET Estimated value $8,320,000
Office buildings

400 Westage Business Ctr Dr Fishkill, NY 12524-2223

72,222 SF 7.62 ac lot Built 1998
Individually Owned 28-yr Hold Free & Clear
Property ID
US63-1236201
Property summary
AI-generated overview

This exceptional Class A medical office building, located at 400 Westage Business Center Drive in Fishkill, NY, offers 72,589 square feet of space within a single, two-story building. Built in 2003 and extensively renovated in 2021, the property boasts a desirable location with excellent visibility from I-84 and convenient access to Route 9. The 7.62-acre lot provides ample parking with 300 spaces. Currently, 19,754 square feet of space is available, divisible into units ranging from 3,000 to 11,934 contiguous square feet. The building features a 9-foot ceiling height, one elevator, and is zoned PSC. The property includes twenty suites in total. Two ground floor medical office suites are immediately available, partially fitted-out for easy conversion to various uses. The larger suite, previously occupied by DRA Imaging, offers the potential for division into two smaller suites. This prime location in southern Dutchess County benefits from a thriving mix of medical offices, general offices, big-box retailers, restaurants, hotels, and shopping. Annual property taxes are $5.80 per square foot. This is an unparalleled opportunity to establish or expand your medical practice in a vibrant and well-connected community. The building's recent renovation ensures modern amenities and a professional environment.

Property profile
Verified
Property type Office buildings
Use group PROFESSIONAL BUILDING
Year built 1998
Total area 72,222 SF
Lot 7.62 ac (331,927 SF)
Zoning code PSC
APN 133089 6155-00-955561-0000
UPID US63-1236201
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
  • Arya Aditya Medical Clinic
  • Hudson Valley Oral Surgery Dental Office
  • Hudson Valley Medical Research Medical Clinic
  • Premier Medical Group - Internal Medicine Division Medical Clinic
  • Dr. Suresh Chandani, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$9.07M
Blend (final) Blend
$8.32M
Owner & transaction history
MARRONE ROSENZWEI HOTCHANDANI
MARRONE ROSENZWEI HOTCHANDANI
Zoning & alternative use
PSC · Fishkill, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $11.6M +43.9%
Commercial (general) $9.9M +23.0%
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