480 Route 9-D | Fishkill, NY 12524
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480 Route 9-D
Fishkill, NY 12524
Multifamily Property For Sale · 9 Units
Investment Highlights
- Existing income generation from nine residential units
- Spectacular views of the Hudson River and Fahnestock Lake
- Development potential for 2 high end homes
Executive Summary
Calling all investors and developers. Existing rental income with tons of development potential makes this property a rare find. This unique lot features three buildings consisting of nine rental units including three 1 bedroom apts, one 1 bedroom cottage, two 2 bedroom apts, one 3 bedroom apt, and two 4 bedroom apts with gross rental income totaling $137,520 annually. The rest of the sprawling 27.5 acre property is just waiting for the right developer to bring out its full potential. As the property slopes gently to its highest elevation, you are treated to stunning panoramic views of the Hudson River and Fahnestock Lake. An ideal location for a luxury estate or 2 high end homes.
Located on Route 9D along the Hudson River.
Currently at 4% cap.
Located on Route 9D along the Hudson River.
Currently at 4% cap.
PROPERTY FACTS
| Price Per Unit | $155,556 | Building Class | B |
| Sale Type | Investment | Lot Size | 27.50 AC |
| Sale Conditions | Redevelopment Project | Building Size | 4,008 SF |
| No. Units | 9 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1932 |
| Property Subtype | Apartment | Parking Ratio | 2.5/1,000 SF |
| Apartment Style | Low Rise |
| Price Per Unit | $155,556 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 27.50 AC |
| Building Size | 4,008 SF |
| No. Stories | 1 |
| Year Built | 1932 |
| Parking Ratio | 2.5/1,000 SF |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $2,986,100 | |
| Land Assessment | $900,000 | Total Assessment | $3,886,100 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$900,000
Improvements Assessment
$2,986,100
Total Assessment
$3,886,100
zoning
| Zoning Code | R-20 & R-4A |
| R-20 & R-4A |
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