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Financial
Distress signals
Property profile

66 Middlebush Rd Wappingers Falls, NY 12590

FOR SALE
Office buildings
Property ID
US63-3184861
20,000 SF 2.09 ac lot Built 1986
Last sale Sep 1995 · $1,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 29-yr Hold Held for 29 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This three-story, 30,000-square-foot Class B office building, located at 66 Middlebush Road in Wappingers Falls, NY 12590, offers a variety of suite sizes perfect for executive, medical, creative, or traditional office uses. The property boasts 2.09 acres of land and features 12 suites, with a minimum divisible space of 1,000 square feet and a maximum contiguous space of 20,000 square feet. Currently, 2,900 square feet of space is available. The building includes one elevator, ample parking,…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2020

What does the county charge?
$31k
Tax billed · 2020
Assessed value · 2023$2.42M
Assessed land$1.00M
Assessed improvement$1.42M
Effective rate1.27%

Value estimate

· Oct 2026
$2.26M
$2.03M – $2.48M
Submarket $/SF estimate$2.10M
NOI build-up
Gross scheduled income$821k
Vacancy & credit loss−$181k
Operating expenses−$160k
NOI · 12.31% cap applied$480k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$112/SF
County average, outlier-cleaned · 59 recorded sales of this use type
Observed band · Q1–Q3$68 – $180

Cap rate analysis

How does the asset earn?
12.31%
$480k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
HB
JurisdictionDUTCHESS

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency22.0
Wholesale Shop14.7
Electrical Service13.2

Location

66 Middlebush Rd Wappingers Falls, NY 12590
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
90 Main, Wappingers Falls, NY 12590-2504 $440,000 Nov 2022 1,995 SF
1772 Ss, Wappingers Falls, NY 12590-7417 $975,000 May 2022 4,156 SF
1147 Rte 9th, Wappingers Falls, NY 12590-4916 $4,077,000 Nov 2021 18,688 SF
1136 Rte 9th, Wappingers Falls, NY 12590-4905 $247,500 Oct 2021 10,610 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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