$6,100,000 USD
845-242-4381
347 Main St
Poughkeepsie, NY 12601
Downtown Poughkeepsie
HIGHLIGHTS
- Located within newly formed Downtown Business Improvement District in Poughkeepsie, N.Y.
- NYS recently awarded City of Poughkeepsie $10MM towards the creation of 400+ new apartments Downtown
- Cash-Flowing Asset w/ Development Upside - Potential for 50-Unit or more Apartment Building over the parking lot as-of-right
- Federal Opportunity Zone Benefits Available
- Nearly 100% Occupied, Triple Net Credit Tenants - U.S. Government, CareFull MD
FOR SALE DETAILS
PRICE
$6,100,000 USD
PRICE/SF
$183 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Stabilized Multi-Tenant Medical/Office Asset
PROPERTY TYPE
Office
ADD'L SUBTYPES
Medical
TOTAL BUILDING SIZE
-
STORIES
2
BUILDING CLASS
B
YEAR BUILT
1860
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
1.17 AC
LAND SF
50,965 SF
ZONING
PID-A
APN/PARCEL ID
131300-6162-78-146072-0000
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845-242-4381
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845-242-4381
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