$6,250,000 USD
201-742-6133
1 Pine Street Spur
Poughkeepsie, NY 12601
Waterfront Poughkeepsie
HIGHLIGHTS
- Leased To Nuvance Health / Northwell Health, An Investment-Grade Healthcare Credit Tenant (S&P Rating: A-
- 3% Annual Rent Escalations Provide A Built-In Hedge Against Inflation
- Ideally Located Across From Vassar Brothers Medical Center, A 349-Bed Regional Hospital
- Ample On-Site Parking With 65 Surface Spaces, Offering An Excellent 5.4/1,000 SF Parking Ratio
- Tenant Has Successfully Operated At The Property For 15 Years, Reflecting Strong Site Performance And Long-Term Occupancy Stability
FOR SALE DETAILS
PRICE
$6,250,000 USD
PRICE/SF
$527 USD /SF
CAP RATE
6.27%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Office
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1980
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
1.7 AC
LAND SF
74,052 SF
ZONING
R-D
APN/PARCEL ID
131300-6061-35-791838-0000
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201-742-6133
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201-742-6133
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