302 Main Street Poughkeepsie, NY
$ 950,000
Property Attributes
  • MLS#4733323
  • TypeCommercial
  • CountyDUTCHESS
  • CityPoughkeepsie
  • AreaPoughkeepsie City
  • NeighborhoodPoughkeepsie
  • Zip12601
  • Style
  • Year Built1871
  • Taxes20000
  • Price$ 950,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage14744
Listing Provided Courtesy Of:
Grand Lux Realty, Inc.
Property Description

Great building in downtown Poughkeepsie. Main Street location. Excellent condition. Great location in the heart of the historic business district. Large traffic count. 1st floor & basement is renovated bar/restaurant, currently 100% 0ccupied 1st-floor tenant pays $4250.00/mo, $4500.00 in the year 2021, 5450 in the year 2022. Office space (1,600sf) on 2nd floor is rented for $1147.00/mo.this unit goes to $1500.00 a month in 2020, 3 residential apartments on the 3rd & 4th floors: Studio on 3rd floor ($1000.00/mo.) & a 1BR on 3rd floor ($1100.00/mo.) & a 3BR on the 4th floor ($1,400/mo.). All apartments are renovated. All current leases with annual increases. Landlord equipment stays with building over $100,000 included in the sale. Coin Laundry produces est $2500.00 year. Tenants pay all utilities. The building is fully sprinkled. New roof & new HVAC. Direct municipal parking behind the building(400 spaces). Convenient to colleges, Mid-Hudson Bridge, Rt. 9). GOI $109,284.00 NOI 82,812.00

Price History
9/22/2019 Listed $950,000

General Features

Floor Number 1
Hot Water Gas Stand Alone
Included A/C Units, Alarm System, Dishwasher, Dryer, Light Fixtures, Microwave, Oven/Range, Refrigerator, Washer
Parking Street Parking
Post Office Poughkeepsie
Property Type Commercial
School District Poughkeepsie
Status Active
Tax Amount 20000
Tax Year 2019
Village None
Water Description Municipal
Year Renovated 2007
Zoning C2

Interior Features

Air Conditioning Wall Units
Gas Available? Yes
Heating Fuel Natural Gas
Heating Type Forced Air, Hot Water
Heating Zones 5
Levels 4.00

Exterior Features

Construction Description Brick
Lot Description Historic District, Level
Sewer Description Municipal


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 12601

AVG $370K
AVG $10,034
Year Built
AVG 1925
AVG 57
Data Provided by Walkscore ® not using MLS data

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