127-133 Old Rt 9 - Apartments FOR SALE


Fishkill, NY 12524
$1,200,000 USD
845-288-4367
127-133 Old Rt 9, Fishkill, NY for Sale
$1,200,000 USD
Apartments - FOR SALE
1/42
null | Request Cap Rate

127-133 Old Rt 9
Fishkill, NY 12524


HIGHLIGHTS

  • One single family home with a detached three unit apartment building
  • Land is zoned for a variety of other commercial uses
  • Great location on Route 9 with ample frontage

OVERVIEW

Owner-occupied single family home with detached 3-unit apartment building. This property boasts general business zoning, Route 9 frontage, and potential for redevelopment and expansion. The house has been well cared for with mature landscaping, a number of garages and outbuildings, in-ground swimming pool, and a large driveway and parking area. In an area of commercial uses, the general business zoning might allow expansion or redevelopment of the parcel. Totaling 3.54 acres, notable permitted uses include: Self-storage facilities, warehouses and the storage and sale of building materials, plumbing, electrical and similar contractor's establishments, provided any outdoor storage is suitably scree from the street and adjoining properties, passenger transportation terminals, motor vehicle sales and service, animal hospitals, and others. Currently serviced by a drilled well, municipal water may be available. Existing rent helps carry the property and an owner-user with an intended commercial use could slowly work through approvals for expansion while managing the existing tenancy. Total finished space is 4,420 square feet plus a number of garages and storage structures.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$272 USD /SF

# OF UNITS

4

PRICE/UNIT

$300,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1900

PARKING SPACES

8

LAND DETAILS

LAND ACRES

3.36 AC

LAND SF

146,176 SF

ZONING

GB

APN/PARCEL ID

133089-6156-02-776501-0000

ASK ABOUT THIS PROPERTY

Brian MosseyBHHS Hudson Valley PropertiesMore Info
845-288-4367

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Brian MosseyBHHS Hudson Valley PropertiesMore Info
845-288-4367

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.