Commercial Income Building with Separate
110 Fulton Ave, Poughkeepsie, NY 12603
For Sale
Contact for pricing
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 Market223
Property Features for 110 Fulton Ave
General Information
Standard status
Size
Class
Lot size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Units
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas Cervone · License NY 49CE0922865
(845) 485-3100
Source:
Crexi
Added: Apr 6
Changed: Nov 7
Last Checked: Nov 12 at 8:21AM
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
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Review the available facts, identify missing information and prepare questions for the agent.
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.
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
Estimated NOI and Cap Rate
NOI / Yr
$87,926
Cap Rate
9.02%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,520
$1.8M
Cap Rate 7%
$1,256,086
$1.3M
Cap Rate 9%
$976,956
$977.0K
Market Conditions
NOI Build-Up for 5,118 SF
Gross rent
$168.3K $32.88/SF
− Vacancy
−$8.4K −$1.64/SF
EGI
$159.9K $31.24/SF
− OpEx
−$71.9K −$14.06/SF
NOI
$87.9K $17.18/SF
Area
Dutchess County, NY
Vacancy
5.00%
Lease Rate
$32.88 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,758,520
Cap Rate 7%
$1,256,086
Cap Rate 9%
$976,956
Alternative Uses
Best Use
Apartment 5plus
$1.26M
$1.10M – $1.47M
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
NOI $107,843 @ 7.0% cap · market cap 11.06%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,216
Businesses Nearby
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Business Placement
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
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Market
Properties on Market for Residential income properties in Poughkeepsie
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
