412 Main StPoughkeepsie, NY 12601

Property Details for 412 Main St

Year built

1957

Lot size

0.25 AC

Property size (Sq ft)

17,890 SF

Zone code

C-2

Property type

Retail properties

Property subtype

Community centers

APN

131300 6162-78-195018-0000

APU

9223372036854775807

Description

This fully available, two-story, 15,915 square foot building at 412 Main St, Poughkeepsie, NY 12601, offers exceptional flexibility for various business needs. The building, constructed of block and brick, features a convenient elevator and is ideally situated in the heart of downtown Poughkeepsie, providing easy access to major bridges and highways. The ground floor offers prime storefront retail space, divisible into units as small as 3,000 square feet, perfect for multiple tenants. The second floor, currently configured as professional offices, is adaptable to suit specific tenant requirements. With a total of three suites, the maximum contiguous space available is 8,193 square feet. The property sits on a 0.25-acre lot and was renovated in 2014. The building is classified as Class C and is zoned PID - Retail/Office/Industrial (APN: 131300-6162-78-195018-0000). The owner is seeking long-term tenants and is willing to accommodate build-to-suit requests, making this a unique opportunity for businesses seeking a prominent location with customizable space. This versatile property is perfect for a variety of uses, including traditional office, coworking, creative office, medical office, and executive office spaces.

• CAP approach

  CAP return

  Valuation

  6%

  $4,799,034

  6.5%

  $4,429,878

  7%

  $4,113,458

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,898,504

  Geo Method

  $5,890,518

• Alternative Use

  Use

  Valuation

  Residential

  $3,736,768

  Hospitality

  $3,422,859

  Educational

  $2,847,779

  Medical

  $2,945,718

  Retail

  $4,429,878

Location Insight

City

Poughkeepsie

County

Dutchess

State

New York

Latitude

41.7017

Longitude

-73.923

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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