21 Westage DrFishkill, NY 12524

Property Details for 21 Westage Dr

Year built

2002

Lot size

1.68 AC

Property size (Sq ft)

5,382 SF

Zone code

PSC

Property type

Turn key restaurants

APN

133089 6255-00-007635-0000

APU

9223372036854775807

Description

This exceptional restaurant property at 21 Westage Drive in Fishkill, NY, offers a prime opportunity for food service businesses. The single-tenant building boasts a generous 5,488 square feet of space, perfectly suited for a variety of culinary concepts. Situated on a 1.685-acre lot, the property benefits from its strategic location in a thriving commercial district, ensuring high visibility and accessibility. The area enjoys exceptional traffic counts, with 36,386 AADT on Route 9 and a remarkable 56,079 AADT on I-84. This high traffic volume is further enhanced by the property's immediate proximity to exit 46 of I-84 and its convenient location on Route 9. The surrounding area is home to a strong concentration of national retailers, including Walmart, Sam's Club, and a Hilton Garden Inn, creating a robust and established commercial environment. This location guarantees significant foot traffic and exposure to a large customer base. The property's size and location make it an ideal investment for experienced restaurateurs seeking a well-established and high-traffic location in a thriving commercial hub. The zip code is 12524.

• CAP approach

  CAP return

  Valuation

  6%

  $1,443,279

  6.5%

  $1,332,258

  7%

  $1,237,096

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,774,489

  Geo Method

  $1,772,094

• Alternative Use

  Use

  Valuation

  Residential

  $1,123,809

  Hospitality

  $1,029,403

  Educational

  $856,451

  Medical

  $885,906

  Retail

  $1,332,258

Location Insight

City

Fishkill

County

Dutchess

State

New York

Latitude

41.5263

Longitude

-73.8944

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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