Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    383 Main Street Poughkeepsie, NY 12601

    View on Map
    For Sale
    $445,000

    SINGLE_FAMILY - Poughkeepsie, NY

    Type:Retail
    Property size:
    7,280 SF
    Lot size:
    0.08 Acres
    Added:
    Feb 17, 2026
    Days on Market:
    43
    Last Refresh:
    Apr 1 at 2:06 am

    Property Features for 383 Main Street

    General Information

    Property type
    Residential
    Property subtype
    Retail
    Zoning
    PID-A
    Rooms
    Basement
    Basement
    Full
    Standard status
    Active
    APN
    131300-6162-78-166052-0000
    Size
    7,280 SF
    Lot size
    0.08 Acres

    Taxes and HOA fees

    TaxYear
    2025
    TaxAnnualAmount
    13267

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Oil, Forced Air
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Number of units
    1
    Flooring type
    Hardwood
    Building materials
    Brick

    We can help!

    Listing Contact
    Don Minichino
    Don Minichino

    Listing agent Don Minichino License #10401333542

    Listing office KW MidHudson 27 Eastdale Ave N., Mahopac, NY

    Listing date Feb 17, 2026

    MLS# 962631

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Two-Story Commercial Building in Poughkeepsie

    The property at 383 Main Street is a two-story commercial building with 7,280 square feet of space. The building, vacant after being occupied by a single retail tenant for a long time, is for sale for the first time in over 40 years. Originally a three-story home with a basement, a later addition extended the building back to the property line on the first and second floors, leaving a small front attic and a covered facade. The site is equipped with municipal water and sewer services. Heating is provided by oil, with tanks located in the basement. Natural gas access is available on the street. The building could benefit from a complete interior and exterior renovation. The zoning allows for up to five stories as-of-right, making it suitable for redevelopment or owner-occupancy. The lot size is 0.08 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    BEAUTY UP BEAUTY ... (Bike/Boat/Book/etc) Store SY New York ... (Bike/Boat/Book/etc) Store SYNY 383 Beauty ... (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9240314
    Latitude
    41.7024966

    Nearby Similar for Sale

    • $800,000

      Poughkeepsie Commercial Property For Sale

      Commercial property with warehouse and office space in Poughkeepsie.
      97 N Clinton Street, Poughkeepsie, NY 12601
      View Details
    • $1,900,000

      Class A Office/Industrial Building

      Updated commercial building with office and warehouse functionality.
      36 Cottage Street, Poughkeepsie, NY 12601
      View Details
    • $750,000

      Poughkeepsie Retail Investment Opportunity

      Single-story brick building with high traffic and investment potential.
      794 Dutchess Turnpike, Poughkeepsie, NY 12603
      View Details
    • $1,290,000

      Mixed-Use Building in Downtown Poughkeepsie

      Mixed-use building with commercial and residential units in prime location.
      302-304 Main Street, Poughkeepsie, NY 12601
      View Details
    • $550,000

      Poughkeepsie Colonial Two-Family Home

      Two-family home on 0.68 acres near Route 9 and MetroNorth.
      680 Vassar Road, Poughkeepsie, NY 12603
      View Details
    • $420,000

      Poughkeepsie Two-Family Home

      Well-maintained 1940s two-family home in Poughkeepsie.
      63 Thompson Street, Poughkeepsie, NY 12601
      View Details
    • $795,000

      Restored Mixed-Use Poughkeepsie Rowhouse

      Restored mixed-use building with commercial space and apartments in Poughkeepsie.
      328 Main Street, Poughkeepsie, NY 12601
      View Details
    • $795,000

      Restored Mixed-Use Poughkeepsie Rowhouse

      Restored mixed-use building with storefront and apartments in downtown Poughkeepsie.
      330 Main Street, Poughkeepsie, NY 12601
      View Details
    • $425,000

      Poughkeepsie Two-Family Home with Updates

      Well-maintained, updated two-family home on a corner lot.
      11 Manitou Avenue, Poughkeepsie, NY 12603
      View Details
    • $499,000

      Poughkeepsie Multifamily Investment Opportunity

      Three-unit property near city amenities, colleges, and hospitals.
      24 Jewett Avenue, Poughkeepsie, NY 12601
      View Details
    • $445,000

      Poughkeepsie Duplex with Income Potential

      Versatile duplex in Poughkeepsie, offering income potential and flexible living.
      7 Gray, Poughkeepsie, NY 12603
      View Details
    • $250,000

      Poughkeepsie Retail/Restaurant Opportunity

      Retail storefront/restaurant near Vassar College. Seller financing available.
      300 Hooker Avenue, Poughkeepsie, NY 12603
      View Details

    FAQs

    What type of property is this?
    Retail space - Two-story, 7,280 SF commercial building in Poughkeepsie, NY.
    Where is this retail space located?
    The property is located at 383 Main Street Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: Prime redevelopment opportunity: Zoning allows up to 5 stories as‑of‑right.; Large 7,280SF commercial building in a central location (383 Main).; First time on the market in over 40 years.
    (845) 242-4381
    We can help!
    Listing Contact
    Don Minichino
    Don Minichino
    Real Estate License ID: 10401333542
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!