| ID # | 912474 |
| Construction Year | 1860 |
| Taxes (per year) | $113,888 |
| Fuel Type | Gas |
| Heat type | Hot air |
| Air Conditioning | Central Air |
| Basement | Full basement |
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347 Main Street, Poughkeepsie is a multi-tenant retail/office asset on 1.17ac with leasing and development upside in a growing Central Business District.
The subject property includes one of three federal bankruptcy courthouses in the Southern District of New York, guaranteed by the United States Government (S&P Credit Rating: AA+). The lease commenced in 2005 and was recently extended for an additional 10 years thru 2034.
Though some of the 80+ surface lot parking spaces are dedicated to the court, a large majority of the lot could be developed into an apartment building or hotel with up to 7 stories.
PRO FORMA NOI NEARLY $500,000
BUILD 60-80 APARTMENTS OVER PARKING LOT AS-OF-RIGHT
UP TO 100 APARTMENTS WITH AFFORDABLE HOUSING COMPONENT © 2025 OneKey™ MLS, LLC







