$950,000 302 Main Street Poughkeepsie, NY

MLS: 4733323   Type: Commercial   County: Dutchess   City: Poughkeepsie   Area: Poughkeepsie City   Neighborhood: Poughkeepsie   Zip: 12601     Taxes: $19,000

Mortgage $4,460 /mo



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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 known as Craft 302 occupies renovated space and tenant pays $4150.00/mo. Office space (1,600sf) on 2nd floor is rented for $1147.00/mo. 3 residential apartments on the 3rd & 4th floors: Studio on 3rd floor ($850.00/mo.) & a 1BR on 3rd floor ($1000.00/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 Mech Laundry produces est $2500.00 year. Tenants pay all utilities. The building is fully sprinkled. New roof & new HVAC. Direct municipal parking behind building (400 spaces). Convenient to colleges, Bardovan Theater, Civic Center, Mid-Hudson Bridge, Rt. 9). GOI $105,060.00 NOI 80,560.00

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Price History

9/22/2019 Listed $950,000

Adult 55 Community 0
Floor Number 1
Hot Water Gas Stand Alone
Included A/C Units, Alarm System, Dishwasher, Dryer, Light Fixtures, Microwave, Oven/Range, Refrigerator, Washer
Post Office Poughkeepsie
Property Type Commercial
REO Bank Owned 0
School District Poughkeepsie
Status Active
Tax Amount 19000
Tax Year 2016
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
Parking Street Parking
Sewer Description Municipal
Water Access Y/N No

Property Schools

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Gallery (36 photos)

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Property vs Zip Code Avg (12601)

Price 950K Avg 413K

Sqr Feet 14,744 Avg 6,979

Cost / Sqr Ft $64 Avg $59

Taxes $19,000 Avg $9,438

Visits 78 Avg 10

Days on Site 287 Avg 277

Walkscore® 93 Avg 65

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Grand Lux Realty, Inc.

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Location & Address

Mancini Realty
358 Route 202
Somers, NY