1105 Route 9Fishkill, NY 12590

Property Details for 1105 Route 9

Year built

1990

Lot size

7.57 AC

Property size (Sq ft)

26,334 SF

Zone code

HB

Property type

Super regional malls

APN

135689 6156-02-664986-0000

APU

9223372036854775807

Description

This exceptional 7.6-acre redevelopment site, located at 1105-1115 Route 9 in Fishkill, NY (Dutchess County, zip code 12590), presents a unique investment opportunity. Currently improved with several buildings totaling 15,934 square feet, the property is zoned HB Highway Business and offers significant potential for redevelopment. The existing structures include a well-maintained, single-story steel-framed building (1990 construction) situated on a level, irregularly shaped parcel. This building, totaling 10,400 square feet, is currently occupied by tenants. An additional 3.7 acres are improved with various structures including multiple year-round canopy structures, greenhouses, graveled outdoor storage areas, truck parking, and contractor yards. The property boasts 162 paved parking spaces and is serviced by municipal gas, a well, and a private subsurface sewage disposal system. This prime location on Route 9's "golden mile" places it within a thriving retail hub, surrounded by numerous retail chains, plazas, office buildings, recreational attractions, hotels, multi-family housing, warehouses, and self-storage facilities. The asking price is $4,000,000, translating to $251.04 per square foot. This property is ideal for investors seeking a high-impact redevelopment project in a densely populated and commercially active area. The existing infrastructure provides a solid foundation for a variety of retail, mixed-use, or other permitted development options.

• CAP approach

  CAP return

  Valuation

  6%

  $7,062,568

  6.5%

  $6,519,293

  7%

  $6,053,630

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,682,543

  Geo Method

  $8,670,817

• Alternative Use

  Use

  Valuation

  Residential

  $5,499,268

  Hospitality

  $5,037,300

  Educational

  $4,190,974

  Medical

  $4,335,108

  Retail

  $6,519,293

Location Insight

City

Fishkill

County

Dutchess

State

New York

Latitude

41.5636

Longitude

-73.9068

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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