661 Dutchess TpkePoughkeepsie, NY 12603

For Sale
  • Investment properties
  • 2,980 SF

Property Details for 661 Dutchess Tpke

Year built
1984
Lot size
0.68 AC
Property size (Sq ft)
2,980 SF
Zone code
BSC
Property type
Investment properties
Property subtype
Retail residential properties
APN
134689 6261-01-119864-0000
APU
9223372036854775807

Description

This exceptional 1,500-square-foot office space is available for lease in a prime Poughkeepsie, NY location at 661 Dutchess Turnpike. Situated on the northwest corner of U.S. Route 44 and Burnett Boulevard, this property benefits from exceptional visibility and high traffic counts. The space is offered as a net lease. The building is currently under construction. This location boasts prominent co-tenancy with national and regional retailers, including Adams Fairacre Farms, CVS, Verizon, and Starbucks, ensuring a steady flow of potential customers and high foot traffic. The area also enjoys proximity to significant government offices, including the NYS DOT Region 8 Offices and Town of Poughkeepsie Government Offices. This makes it an ideal location for businesses seeking high visibility and convenient access to a diverse customer base and government services. The property's address is 661 Dutchess Turnpike, Poughkeepsie, NY 12603, located in Dutchess County. The property is currently under construction. This is a fantastic opportunity for businesses seeking a well-located, high-traffic office space in a thriving commercial area.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $674,268
    6.5%
    $622,401
    7%
    $577,944
  • Comparable approach

    Method
    Valuation
    Relative Method
    $604,336
    Geo Method
    $603,519
  • Alternative Use

    Use
    Valuation
    Residential
    $622,401
    Hospitality
    $570,116
    Educational
    $474,330
    Medical
    $490,643
    Retail
    $737,847
661 Dutchess Tpke, Poughkeepsie, New York

Location Insight

City
Poughkeepsie
County
Dutchess
State
New York
Latitude
41.6974
Longitude
-73.889
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2020
$34,510
$257,000
$471,000
$728,000
-
$257,000
$471,000
$728,000

FAQs

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