509-513 Main St | Poughkeepsie, NY 12601
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509-513 Main St
Poughkeepsie, NY 12601
Poughkeepsie Portfolio · Multifamily Property For Sale
Investment Highlights
- 27 Free Market Units
- Centrally Located Throughout the City
- Favorable Unit Mix
- Rental Upside in Free Market Units
Executive Summary
Redwood Realty Advisors is pleased to present a 33 unit mixed-use portfolio in Poughkeepsie, NY. The properties are located at 30 Kelsey Road, 509-513 Main Street and 78-86 Garden Street. The portfolio as a whole includes five (5) retail stores, four (4) studio apartments, fourteen (14) 1 bedroom / 1 bathroom apartments and ten (10) 3 bedroom / one bathroom apartments. The portfolio boasts massive upside potential and 27 out of 33 Free Market Units in a low vacancy area. This is a great opportunity for an investor to expand their footprint in the Poughkeepsie market and pick up value-add units centrally located properties. Please email rmagrino@redwoodrealtyadvisors.com or call (845) 405-6202 for more information.
PROPERTY FACTS
| Price / SF | $137.55 / SF | Number of Properties | 3 |
| Cap Rate | 7.03% | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 32,715 SF |
| Status | Active | Total Land Area | 0.70 AC |
| Price / SF | $137.55 / SF |
| Cap Rate | 7.03% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 32,715 SF |
| Total Land Area | 0.70 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 509-513 Main St, Poughkeepsie, NY 12601 | Multifamily | 23,360 SF | 1920 | - |
| 30 Kelsey Rd, Poughkeepsie, NY 12601 | Multifamily | 3,619 SF | - | - |
| 84-86 Garden St, Poughkeepsie, NY 12601 | Multifamily | 5,736 SF | 1938 | - |
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