108 Montgomery StRhinebeck, NY 12572

  • Office buildings
  • 6,026 SF
For Lease
$14,400/SF/YR View listing

Property Details for 108 Montgomery St

Year built
1880
Lot size
1.70 AC
Property size (Sq ft)
6,026 SF
Zone code
R10
Property type
Office buildings
APN
135001 6170-10-361557-0000
APU
9223372036854775807

Description

This stunning, recently renovated executive office space, located at 108 Montgomery St in Rhinebeck, NY, offers a unique blend of historic charm and modern functionality. The Maples, a two-story, 6,336 square foot Class B building constructed in 1817, provides multiple tenancy options including all-inclusive, elegant, private executive offices, move-in ready monthly suites, virtual offices, and meeting rooms. Fully furnished options are available. The property boasts 30 parking spaces and is zoned R10. Its convenient location across from the south entrance to Northern Dutchess Hospital and 5 minutes from the Rhinecliff train station makes it an ideal location for a variety of businesses. This historically significant building, previously owned by J.J. Astor in 1848, is perfect for professionals seeking flexibility, simplicity, and impressive spaces. The property's Dutchess County location (APN: 135001-6170-10-361557-0000) offers a prestigious address and easy access to local amenities. The building's design and amenities are particularly well-suited for law or accounting firms, architect or real estate offices, production companies, or other business professionals.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,496,952
    6.5%
    $1,381,802
    7%
    $1,283,102
  • Comparable approach

    Method
    Valuation
    Relative Method
    $792,650
    Geo Method
    $787,357
  • Alternative Use

    Use
    Valuation
    Residential
    $1,713,434
    Hospitality
    $1,569,496
    Educational
    $1,305,803
    Medical
    $1,350,711
    Retail
    $2,031,248

Location Insight

City
Rhinebeck
County
Dutchess
State
New York
Latitude
41.936
Longitude
-73.9155
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$2,865
$267,100
$772,500
$1,039,600
-
$267,100
$772,500
$1,039,600

FAQs

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