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Soap Factory 7392 S Broadway 8,400 SF Vacant Retail Building Red Hook, NY 12571 $1,795,000 ($213.69/SF)



INVESTMENT HIGHLIGHTS
- Prime Central Red Hook NY village location
- Close to Rhinebeck, Tivoli, Germantown
- NMU Zoning -
- High Traffic
- Large Property for Outdoor Usage
- College Town
EXECUTIVE SUMMARY
ARCHITECTURAL & AAA $ OPPORTUNITY: THE REPURPOSED SOAP FACTORY
A storied site & structure located within the imminently poised-to-pop Village of Red Hook along the Rhinebeck/Hudson corridor. This is a AAA opportunity for the creative and wise investor. Its 5200+ sqft w/20’+ ceilings + 3200sqft full height lower level is situated on 1¼ central village acres. The coveted NMU Zoning allows for a multitude of choices – eateries, retail, housing, multi-family, offices, education, day-care, medical, business, etc & etc - which Village residents, shopkeeps, students & visitors will surely welcome & support. Think other vibrant, small college towns. In the ‘40s, Eugene Callison designed this U-Shape building for a soap factory, thus the moniker. Its central courtyard provides a welcoming reception area, and the level property offers itself to further development or any alfresco activities. The Route 9 (S Broadway) thoroughfare and sidewalks will generate quite a bit of activity for any venture and the abundant rear parking leaves the front unmarred. In recent years, costly infrastructure upgrades were implemented by the present owner for a now amended plan – See Associated Data Sheet. The dirty work is done. The Soap Factory is a historic component of Red Hook Village, and it continues to afford opportunities for a wealth of unique endeavors. This building and its land are a canvas for a number of architectural and landscape expressions. Consider perhaps a supercool village residence/studio. Insightful investors know growth in Red Hook is here, right now.
A storied site & structure located within the imminently poised-to-pop Village of Red Hook along the Rhinebeck/Hudson corridor. This is a AAA opportunity for the creative and wise investor. Its 5200+ sqft w/20’+ ceilings + 3200sqft full height lower level is situated on 1¼ central village acres. The coveted NMU Zoning allows for a multitude of choices – eateries, retail, housing, multi-family, offices, education, day-care, medical, business, etc & etc - which Village residents, shopkeeps, students & visitors will surely welcome & support. Think other vibrant, small college towns. In the ‘40s, Eugene Callison designed this U-Shape building for a soap factory, thus the moniker. Its central courtyard provides a welcoming reception area, and the level property offers itself to further development or any alfresco activities. The Route 9 (S Broadway) thoroughfare and sidewalks will generate quite a bit of activity for any venture and the abundant rear parking leaves the front unmarred. In recent years, costly infrastructure upgrades were implemented by the present owner for a now amended plan – See Associated Data Sheet. The dirty work is done. The Soap Factory is a historic component of Red Hook Village, and it continues to afford opportunities for a wealth of unique endeavors. This building and its land are a canvas for a number of architectural and landscape expressions. Consider perhaps a supercool village residence/studio. Insightful investors know growth in Red Hook is here, right now.
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
C
Year Built
1939
Price
$1,795,000
Price Per SF
$213.69
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.15
Lot Size
1.27 AC
Zoning
NMU - Flexible commercial or residential use including mixed. Allows for commercial, residential, BnB, multi-family, townhomes, Senior, Live/work and more.
Parking
20 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
327’ on S Broadway
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 134801-6272-10-324546-0000 | Improvements Assessment | $683,600 |
| Land Assessment | $156,400 | Total Assessment | $840,000 |
PROPERTY TAXES
Parcel Number
134801-6272-10-324546-0000
Land Assessment
$156,400
Improvements Assessment
$683,600
Total Assessment
$840,000
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Soap Factory | 7392 S Broadway
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