1576 Route 52
Industrial
Marketing description
Lee & Associates NYC, as exclusive broker, is pleased to present the self-storage development opportunity located at 1570 Route 52, Fishkill, New York (the “Property”). Featuring approximately 2.8 acres of land, the Property has been approved for two phases of development for self-storage: Phase 1 contains a 2.5 story building with approximately 97,275 gross square feet while Phase 2 contains approximately 18,150 gross square feet. The site is located at the merge of Routes 52 and 82, near the major traffic interchange of Route 9 and I-84 with robust demand from the surrounding Hudson Valley and Duchess County area. A partial foundation is already in place, and the Property represents the opportunity for a developer to build just over 800 self-storage units in a highly traffic market with only one other existing self-storage facility within a 5 mile radius.
Location Description
On NY-52 in Fishkill
Investment highlights
- Prime location: 1570 Route 52, Fishkill, NY – excellent visibility and access from Route 52 & HWY 82
- Development plan: 2.8-acre parcel; ±97,000 RSF multi-story, climate-controlled class a facility
- Market strength: area competitors 83–95% occupied; strong rental rates and limited new supply
- High demand: underserved for climate controlled storage despite modest overall oversupply
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