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Fishkill Allsport Building 21 Old Main St

19,360 SF 100% Leased Office Building Fishkill, NY 12524 $2,300,000 ($119/SF) 6.55% Cap Rate

Executive Summary

Introducing a prime investment opportunity at 21 Old Main Street, Fishkill, NY, 12524. This impressive 19,360 SF office building, constructed in 1988, has been well maintained and has seen recent renovations. The building features multiple entrances, elevator, and plenty of onsite parking. This professional office building has many high quality tenants in place,
across multiple industries including healthcare, law, wellness, and publications. Only two units are vacant, both of which ready for immediate occupancy. The property is conveniently located directly adjacent to All Sport Health and Fitness, directly off Route 9 and Route 52 and less than a mile to I-84 and Westage Business Center, putting it in the center of the Fishkill business
district. This property is an ideal opportunity for an investor to add to their portfolio.
Proforma Cap Rate = 8%

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
19,360 SF
Building Class
B
Year Built
1988
Price
$2,300,000
Price Per SF
$119
Cap Rate
6.55%
NOI
$150,650
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
9,680 SF
Building FAR
0.40
Lot Size
1.12 AC
Zoning
LHCSB - Office / Medical
Parking
72 Spaces (3.71 Spaces per 1,000 SF Leased)

Amenities

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133001-6155-08-963955-0000
Land Assessment
$350,000
Improvements Assessment
$1,943,200
Total Assessment
$2,293,200
  • Listing ID: 32491799

  • Date on Market: 7/17/2024

  • Last Updated:

  • Address: 21 Old Main St, Fishkill, NY 12524

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