Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    473 Main St Beacon, NY 12508-3305

    Property Lookup

    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    473 Main St Beacon, NY 12508-3305

    View on Map
    • Retail space
    • 2,200 SF
    • 0.06 lot acres
    Off-Market
    Property ID
    US63-3903200
    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

    • Berg + Moss Architects, PC / Architect
    • Passion - The Adult Dance Studio / Training Center
    • Cold Fit Cryotherapy / Gym & Fitness Center / Alternative Medicine Practice

    Property Details for 473 Main St

    Year built
    1930
    Lot size
    0.06 lot acres
    Property size
    2,200 SF
    Zone code
    GB
    Property type
    Retail space
    APN
    130200 6054-37-077735-0000
    APU
    9223372036854775807

    Description

    This exceptional 2,200 square foot commercial property, located at 473 Main Street in the vibrant city of Beacon, NY, presents a compelling investment opportunity. The building currently features two distinct studio spaces, ideal for a variety of uses. One studio is currently configured as an architect's office, while the other serves as a dance studio. Both studios share a convenient bathroom and kitchenette. A significant advantage lies in the potential for conversion of the rear studio into a residential unit

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Beacon
    County
    Dutchess
    State
    New York
    Longitude
    -73.9651
    Latitude
    41.5019
    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
    $8,203
    $15,500
    $434,500
    $450,000
    -
    $15,500
    $434,500
    $450,000

    Comparable in this City

    • Value Estimation
      $830,000
      4,000 SF

      463 Main St

      RETAIL STORES (PERSONAL SERVICES) • 4,000 SF
      463 Main St, Beacon, NY 12508-7306
      View Details
    • Value Estimation by Request
      3,700 SF

      234 Main St

      RETAIL STORES (PERSONAL SERVICES) • 3,700 SF
      234 Main St, Beacon, NY 12508-2732
      View Details
    • Value Estimation by Request
      0.18 Acres

      Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.18 Acres
      Main St, Beacon, NY 12508
      View Details
    • Value Estimation by Request
      2,584 SF

      468-470 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,584 SF
      468-470 Main St, Beacon, NY 12508
      View Details
    • Value Estimation by Request
      0.17 Acres

      139 Main St

      RETAIL STORES (PERSONAL SERVICES) • 0.17 Acres
      139 Main St, Beacon, NY 12508-2705
      View Details
    • Value Estimation
      $515,000
      12,000 SF

      285 Main St

      RETAIL STORES (PERSONAL SERVICES) • 12,000 SF
      285 Main St, Beacon, NY 12508-2735
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,421 SF

      Commercial Building in Beacon, NY

      Commercial building for sale near Beacon's retailers and demand generators.
      421 Fishkill Ave, Beacon, NY 12508
      View Details
    • Contact for pricing
      19,857 SF

      Commercial Building in Beacon, NY

      Commercial building for sale or lease in Beacon, NY.
      410 Fishkill Ave, Beacon, NY 12508
      View Details
    • $899,000

      Sophisticated Retail or Office Space

      Prime corner retail/office space in Beacon, NY with modern design.
      226 Main St, Beacon, NY 12508
      View Details
    • Contact for pricing

      Route 9D Development Parcel

      Development parcel suitable for office, retail, or service businesses.
      1451 Route 9D, Fishkill, NY 12508
      View Details

    Similar Nearby for Lease

    • $1,400 /Mo

      Versatile Mixed-Use Property For Rent

      Two commercial units in high-traffic location, ideal for small business.
      634 Route 52, Beacon, NY 12508
      View Details
    • Contact for pricing
      11,159 SF

      Retail Space in Beacon, NY

      Retail space available for lease in Beacon, New York.
      320 Main St, Beacon, NY 12508
      View Details
    • Contact for pricing
      3,200 SF

      Prime Corner Retail Space Available

      Renovated retail space with high ceilings and natural light.
      340 Main St, Beacon, NY 12508
      View Details
    • $24 SF/Yr

      Divisible Commercial Space in Beacon

      Divisible commercial space available in Beacon's Linkage Zone.
      18 W Main St, Beacon, NY 12508
      View Details
    • New
      $3,500 /Mo

      Main Street Retail Space Available

      Commercial unit in Beacon with high visibility and foot traffic.
      267 Main St, Beacon, NY 12508
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    473 Main St
    Beacon, NY 12508-3305
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry

    473 Main St, Beacon, NY, 12508

    letter with green check mark
    Check your email

    We sent you the

    agent's contact details. yellow underline

    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!