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Commercial Income Building with Separate Unit
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110 Fulton Ave, Poughkeepsie, NY 12603

Income property featuring a main building plus a separate building, with 240 feet of frontage on Fulton Avenue.

Property Size5,118 SF
Lot Size1.80 Acres
Price / SF$190.50
Days on Market116

Property Features for 110 Fulton Ave

General Information

Standard status Active
Size 5,118 SF
Lot size 1.80 Acres
Property subtype Multifamily

Additional Details

Road Access Yes
Listing Agency: CR Properties Group LLC
Listed By: Thomas Cervone · License #NY 49CE0922865
Source: Crexi
Added: Apr 6 Changed: Jul 22 Last Checked: Jul 29 at 10:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CR Properties Group LLC

Investment Insights

Based on property information with market context.

This commercial income property includes a main building and a separate building located at 110 Fulton Avenue. The total building area is 5,118 SF, situated on 1.8 acres with 240 feet of frontage on Fulton Avenue.

The property is described as being in the Vassar College area, with proximity to Vassar College and major routes including US Route 44/55. It is also listed as about 6 minutes from the Mid-Hudson Bridge, 13 minutes from the Taconic State Parkway, and 27 minutes from Interstate 84.

The offering presents two on-site buildings positioned along a long stretch of Fulton Avenue frontage, providing a straightforward layout for separate uses within the same property footprint.

Key Highlights

  • Commercial income property with a main building plus a separate building at 110 Fulton Avenue, Poughkeepsie, NY 12603
  • 5,118 SF building with 240' of frontage on Fulton Avenue
  • Set on 1.8 acres

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $168.3k $32.88
− Vacancy −$8.4k −$1.64
EGI $159.9k $31.24
− OpEx −$71.9k −$14.06
NOI $87.9k $17.18
5,118 SF · lease $32.88/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$1.26M
$1.10M – $1.47M (±1% cap)
NOI $87,926 @ 7.0% cap · market cap 9.02%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,843 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Parmele Funeral Home Social Service Agency Schoonmaker Funeral Home ... Social Service Agency Parmele Auchmoody Social Service Agency Allen Funeral Homes Social Service Agency Allen Funeral Homes: ... Social Service Agency

Suggested Use

Top Pick Computer & Electronic Repair HVAC Service Carpet & Flooring Store Cafe & Coffee Shop Auto Parts Store Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,216
Businesses Nearby

Demographics for 12603, NY

41,470
Population
17,468
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
31.9 sq mi
ZIP Area
1,300
Density / Sq Mi
$104,185
Median Household Income
$54,254
Median Earnings
$1,626
Median Rent
$342,000
Median Home Value

Market

Properties on Market for Residential income properties in Poughkeepsie

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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Income property featuring a main building plus a separate building, with 240 feet of frontage on Fulton Avenue.
Where is this residential income property located?
The property is located at 110 Fulton Ave Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: Commercial income property with a main building plus a separate building at 110 Fulton Avenue, Poughkeepsie, NY 12603; 5,118 SF building with 240' of frontage on Fulton Avenue; Set on 1.8 acres
(845) 485-3100 Call to check price and availability
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