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31633372
31633379

1491 New York 52, Fishkill, NY 12524

TC
NY 10491205234
SVN | Deegan Collins Commercial Realty Kingston
Listed by SVN | Deegan Collins Commercial Realty Kingston
$1,450,000
52 days on market
Updated 40 days ago

Prime Opportunity for Repositioning

Details
Property Type Office, Industrial
Sub Type Traditional Office, Flex (+1)
Square Footage 19,272
Units 60
Occupancy 28%
Tenancy Multi
Class C
Year Built 1985
Buildings 1
Acreage 1.220
Zoning GB General Business
Parking Spaces spaces
Investment Type Redevelopment
Ground Lease No
Ceiling Height 10
Loading Docks 1
Dock High Doors 1

Prime Opportunity for Repositioning

Marketing description

This investment property, a former medical/professional office with some flex use space and a single loading dock, is offered at a significant discount to appeal to developers, investors and entrepreneurs looking to invest in a highly accessible, strategic location in the Hudson Valley. Fishkill has strong regional demographics - a stable population base, higher-than-average household incomes-; a local market capable of supporting new retail, office, and service-based businesses; and direct access to Interstate 84 and Route 9, with proximity to Stewart International Airport. The property is prime for repositioning. The ground floor, just under 10,000 sf, is slab on grade and lends itself to flex use, while the top floor consists of traditional office suites. The two long-term tenants, from 1997 and 2021, occupy approx. 5,500 sf together and are currently on month-to-month leases. (Both indicated they would like to continue leasing on a long-term basis.) The remainder of the building has been vacated by the owner. The GB zoning district permits numerous uses including self-storage, warehouses, storage of building materials, contractor's establishments, dry-cleaning, motor vehicle sales & service, as well as stores, shops, business and governmental offices; preparation, processing, manufacturing of goods (such as baking) as long as the preparation is primarily for retail sale on the premises. A versatile building with many possibilities in a well-travelled commercial corridor. Priced to sell.

Investment highlights

  • Established Commercial Area with Convenient Regional Access
  • Prominent Route 52 Frontage
  • Ample On-Site Parking - 60 spaces
  • Flexible Zoning (GB District) Allows Numerous Office/Warehouse/Flex Uses

Listing Contacts

TC
NY 10491205234
SVN | Deegan Collins Commercial Realty Kingston
Listed by SVN | Deegan Collins Commercial Realty Kingston

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Additional Information

Name
Nilgun Foley
License
10401333557
Brokerage
SVN Deegan-Collins Commercial Realty
Title
Broker of Record
Brokerage Address
411 Washington Ave., Suite 201, Kingston, NY
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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