Poughkeepsie

COMMERCIAL

Address: ‎347 Main Street

Zip Code: 12601

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$4,500,000

ID # 912474

English

Broker Contact

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KW MidHudson Office: ‍914-962-0007

$4,500,000 - 347 Main Street, Poughkeepsie , NY 12601 | ID # 912474

ID #‎ 912474
Construction Year1860
Taxes
(per year)
$113,888
Fuel TypeGas
Heat typeHot air
Air
Conditioning
Central Air
BasementFull basement

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房屋英文概況 English Description

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

Courtesy of KW MidHudson

公司: ‍914-962-0007




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$4,500,000

COMMERCIAL
ID # 912474
‎347 Main Street
Poughkeepsie, NY 12601


Listing Agent(s):‎
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Office: ‍914-962-0007

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