3541 Route 9
About This Property
Positioned among established businesses and benefiting from an estimated 15,000 to 17,600 vehicles passing daily, according to Annual Average Daily Traffic (AADT) counts, this site provides outstanding visibility for any type of potential business.
Whether you're planning to develop retail, office space, hospitality, automotive services, medical facilities, or another commercial venture, this versatile parcel offers the location and traffic counts to help your business thrive. With its strategic position in the desirable Philipstown and Cold Spring market, opportunities like this are increasingly hard to find.
Bring your vision to life and capitalize on one of the area's premier commercial development opportunities.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 31, 2026 | Price Decreased |
$255,000
↓ $40K
(13.6%) | |
| Price Decreased | |||
| Jun 29, 2026 | Listed by RE/MAX Town & Country | $295,000 | |
| Listed by RE/MAX Town & Country | |||
| Apr 13, 2023 | Sold | ||
| Sold | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017