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1809 Route 22 - United States Postal Service 3,540 SF Specialty Building Offered at $2,020,534 CAD at a 6.30% Cap Rate in Wingdale, NY 12594
Investment Highlights
- Full time USPS Location - open 8 hours per day M-F / 4.5 hours on Saturday
- Average household income over $150,000
- USPS Maintenance and USPS Tax Rider
Executive Summary
USPS leased facility in Wingdale, NY, which sits 20 miles east of Poughkeepsie, NY, in Ductchess County and a stones throw away from the CT border. Built in 1999 for the post office, and the USPS signed its second option last year extending the lease through 2030. The property has the USPS maintenance rider and the USPS tax reimbursement rider.
It is open full time (8 hours M-F and 4.5 hours on Saturday). The USPS is running 3 delivery routes from this location. The population within 10 miles is just under 75,000 and the average household income within that area is $155,872.
It is open full time (8 hours M-F and 4.5 hours on Saturday). The USPS is running 3 delivery routes from this location. The population within 10 miles is just under 75,000 and the average household income within that area is $155,872.
Property Facts
| Price | $2,020,534 CAD | Building Class | C |
| Price Per SF | $570.77 CAD | Lot Size | 2.28 AC |
| Sale Type | Investment | Building Size | 3,540 SF |
| Cap Rate | 6.30% | No. Stories | 1 |
| Sale Condition | 1031 Exchange | Year Built | 1999 |
| Property Type | Specialty | Parking Ratio | 1.48/1,000 SF |
| Property Subtype | Post Office | ||
| Zoning | HR | ||
| Price | $2,020,534 CAD |
| Price Per SF | $570.77 CAD |
| Sale Type | Investment |
| Cap Rate | 6.30% |
| Sale Condition | 1031 Exchange |
| Property Type | Specialty |
| Property Subtype | Post Office |
| Building Class | C |
| Lot Size | 2.28 AC |
| Building Size | 3,540 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Parking Ratio | 1.48/1,000 SF |
| Zoning | HR |
Amenities
- Signage
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 132600-7060-00-980133-0000 | Improvements Assessment | $300,096 CAD |
| Land Assessment | $78,150 CAD | Total Assessment | $378,246 CAD |
Property Taxes
Parcel Number
132600-7060-00-980133-0000
Land Assessment
$78,150 CAD
Improvements Assessment
$300,096 CAD
Total Assessment
$378,246 CAD
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1809 Route 22 - United States Postal Service
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