Mixed-Use Property with Attached
For Sale
$499,000
134 Smith St, Poughkeepsie, NY 12601
A ground-level commercial space is paired with a two-bedroom residence, creating distinct business and residential components.
Property Size3,040 SF
Price / SF$164.14
Days on Market36
Property Features for 134 Smith St
General Information
Standard status
Active
Size
3,040 SF
Property subtype
Commercial
Units
Unit Mix
1 x 2BR
Multifamily Units
1
Taxes and HOA fees
Annual Taxes
$7,152
Building Details
Building Size
3,040 SF
Listing Agency:
River Realty Services
Listed By:
Matthew J. McGroarty
(845) 321-5868
Source:
Elliman
Added: Oct 2
Changed: Nov 2
Last Checked: Nov 4 at 1:28PM
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 River Realty Services
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Investment Insights
Based on property information with market context.
This mixed-use property totals 3,040 square feet, divided evenly between a 1,520-square-foot commercial area and an attached two-bedroom apartment. The commercial portion can accommodate a business or provide a separate income stream, subject to permitted use; the residence offers a distinct rental component.
The property is at 134 Smith St in Poughkeepsie, near downtown. Walk Score is 68, Bike Score is 54, and Transit Score is 34.
The property is at 134 Smith St in Poughkeepsie, near downtown. Walk Score is 68, Bike Score is 54, and Transit Score is 34.
Key Highlights
- 3,040‑square‑foot mixed‑use property with commercial and residential space
- Commercial area measures 1,520 square feet
- Attached apartment has two bedrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,897
Cap Rate
7.79%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,940
$777.9K
Cap Rate 7%
$555,671
$555.7K
Cap Rate 9%
$432,189
$432.2K
Market Conditions
NOI Build-Up for 3,040 SF
Gross rent
$58.0K $19.08/SF
− Vacancy
−$2.4K −$0.80/SF
EGI
$55.6K $18.28/SF
− OpEx
−$16.7K −$5.48/SF
NOI
$38.9K $12.80/SF
Area
Dutchess County, NY
Vacancy
4.20%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$777,940
Cap Rate 7%
$555,671
Cap Rate 9%
$432,189
Alternative Uses
Best Use
Retail
$555.7K
$486.2K – $648.3K
NOI $38,897 @ 7.0% cap · market cap 7.79%
Second Best
Mixed Use
$527.7K
$461.7K – $615.6K
NOI $36,936 @ 7.0% cap · market cap 7.40%
Theoretical Best
Office A
$915.1K
$800.7K – $1.07M
NOI $64,057 @ 7.0% cap · market cap 12.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,151
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Gulf Oil
Shops & Services
3,371 visits/mo
0.5 miles
CARSTAR Stofa's Auto and Collision
Shops & Services
2,006 visits/mo
0.4 miles
Citgo
Shops & Services
1,259 visits/mo
0.5 miles
Demographics for 12601, NY
44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Properties on Market for Mixed-use properties in Poughkeepsie
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A ground-level commercial space is paired with a two-bedroom residence, creating distinct business and residential components.
Where is this mixed-use property located?
The property is located at 134 Smith St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,040‑square‑foot mixed‑use property with commercial and residential space; Commercial area measures 1,520 square feet; Attached apartment has two bedrooms
