260 Boardman Rd - Hudson Valley - Former IBM Research Center
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260 Boardman Rd - Hudson Valley - Former IBM Research Center
80,635 SF Specialty Building Offered at $9,800,000 in Poughkeepsie, NY 12603
Investment Highlights
- 300 Seat Theater
- Athletic Fields & Play Areas
- 4-Story Mediterranean Mansion
- Educational Center in Hudson Valley Area of NYS
- Indoor & Outdoor Seating, Large Kitchen, Campus-Like Setting
- 80,634 ± SF & 34 Acres
Executive Summary
This incredible ±34.17-acre property, previously an IBM research and briefing center and now the location of an independent private day school, features 80,635 sqft of learning space distributed across two buildings and recreational fields. The property also boasts solar panels to assist with energy efficiency and a cellular tower lease that produces income. The buildings offer a wide range of room types, from standard classrooms and science labs to specialty rooms for the arts and libraries. They also include a 300-seat theater, indoor
basketball court, kitchen, cafeteria, and more. The permitting zoning includes, but is not limited to, education, training centers, hospitals, clinics, laboratories, medical facilities, libraries, offices, and schools.
This Dutchess County property is centrally located in the beautiful Hudson Valley, surrounded by a tremendous workforce and educational base. The transportation options available via I-84 and I-87, Stewart International Airport, Metro-North, and Amtrak make it a highly desirable area, allowing businesses to support local, regional, and global operations. Local industries include advanced manufacturing, education, health sciences, information technology, logistics, food and beverage manufacturing, and agricultural businesses. Notable educational institutions and businesses in the area include Vassar College, the Culinary Institute of America, Bard College, Marist College, IBM, Dorsey, ON Semiconductor, Nuvance Health, GAP, Amazon, and Frito-Lay.
basketball court, kitchen, cafeteria, and more. The permitting zoning includes, but is not limited to, education, training centers, hospitals, clinics, laboratories, medical facilities, libraries, offices, and schools.
This Dutchess County property is centrally located in the beautiful Hudson Valley, surrounded by a tremendous workforce and educational base. The transportation options available via I-84 and I-87, Stewart International Airport, Metro-North, and Amtrak make it a highly desirable area, allowing businesses to support local, regional, and global operations. Local industries include advanced manufacturing, education, health sciences, information technology, logistics, food and beverage manufacturing, and agricultural businesses. Notable educational institutions and businesses in the area include Vassar College, the Culinary Institute of America, Bard College, Marist College, IBM, Dorsey, ON Semiconductor, Nuvance Health, GAP, Amazon, and Frito-Lay.
Property Facts
Price | $9,800,000 | Lot Size | 34.17 AC |
Price Per SF | $122 | Building Size | 80,635 SF |
Sale Type | Investment or Owner User | No. Stories | 3 |
Property Type | Specialty | Year Built | 1990 |
Property Subtype | Schools | Parking Ratio | 1.74/1,000 SF |
Building Class | C |
Price | $9,800,000 |
Price Per SF | $122 |
Sale Type | Investment or Owner User |
Property Type | Specialty |
Property Subtype | Schools |
Building Class | C |
Lot Size | 34.17 AC |
Building Size | 80,635 SF |
No. Stories | 3 |
Year Built | 1990 |
Parking Ratio | 1.74/1,000 SF |
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PROPERTY TAXES
Parcel Number | 134689-6260-03-146453-0000 | Improvements Assessment | $6,683,500 |
Land Assessment | $2,228,000 | Total Assessment | $8,911,500 |
PROPERTY TAXES
Parcel Number
134689-6260-03-146453-0000
Land Assessment
$2,228,000
Improvements Assessment
$6,683,500
Total Assessment
$8,911,500
zoning
Zoning Code | IN (Institutional) |
IN (Institutional) |
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260 Boardman Rd - Hudson Valley - Former IBM Research Center
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