1849 South Rd
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1849 South Rd
22,946 SF 100% Leased Retail Building Poughkeepsie, NY 12601 $7,250,000 ($316/SF) 6.25% Cap Rate
Executive Summary
Shopping Center in Wappingers Falls. Close to Poughkeepsie Galleria, Macy’s, Target, Lowe’s, Shoprite, At Home, Hobby Lobby, Fortunoff, Raymour &Flanigan, Wells Fargo
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
22,946 SF
Building Class
C
Year Built
1985
Price
$7,250,000
Price Per SF
$316
Cap Rate
6.25%
NOI
$453,125
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
2.41 AC
Zoning
BH - Commercial
Parking
110 Spaces (4.79 Spaces per 1,000 SF Leased)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 134689-6158-01-403863-0000 | Improvements Assessment | $2,109,500 |
| Land Assessment | $705,500 | Total Assessment | $2,815,000 |
PROPERTY TAXES
Parcel Number
134689-6158-01-403863-0000
Land Assessment
$705,500
Improvements Assessment
$2,109,500
Total Assessment
$2,815,000
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1849 South Rd
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