Mixed-Use Office and Residential
143 Hooker Ave, Poughkeepsie, NY 12601
For Sale
$499,000
Ground-floor professional space pairs with an upper-level residence, with a rear parking area and ramp entrance.
Property Size2,092 SF
Price / SF$238.53
Days on Market26
Property Features for 143 Hooker Ave
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Utilities to Site
Property Use
Building Details
Year Built
Buildings
Abandoned
Listing Agency:
BHHS Hudson Valley Properties
Listed By:
Diane Zani
(845) 473-1650
Source:
Searchhomesinlongisland
Added: Oct 14
Changed: Nov 7
Last Checked: Nov 7 at 6:59PM
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 BHHS Hudson Valley Properties
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Investment Insights
Based on property information with market context.
This 2,092-square-foot mixed-use property, built in 1930, combines professional space on the first level with residential quarters above. The office floor includes a reception area, waiting space, three examination rooms, a guest bathroom, and a separate office with storage. Gas and water lines remain in the basement from an earlier dental practice. A ramp provides access to the entrance, and parking is available at the rear.
The upper floor has bedrooms, an eat-in kitchen, hardwood flooring, and a walk-up attic. Interior details include molded trim, glass door handles, and recessed nooks. The building is located at 143 Hooker Ave in Poughkeepsie, New York.
The upper floor has bedrooms, an eat-in kitchen, hardwood flooring, and a walk-up attic. Interior details include molded trim, glass door handles, and recessed nooks. The building is located at 143 Hooker Ave in Poughkeepsie, New York.
Key Highlights
- 2,092‑square‑foot mixed‑use property built in 1930
- First‑floor office layout includes three examination rooms, reception and waiting areas, guest bathroom, and a storage office
- Upper level features bedrooms, eat‑in kitchen, hardwood floors, and walk‑up attic
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,702
Cap Rate
6.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,040
$674.0K
Cap Rate 7%
$481,457
$481.5K
Cap Rate 9%
$374,467
$374.5K
Market Conditions
NOI Build-Up for 2,092 SF
Gross rent
$62.8K $30.00/SF
− Vacancy
−$6.6K −$3.15/SF
EGI
$56.2K $26.85/SF
− OpEx
−$22.5K −$10.74/SF
NOI
$33.7K $16.11/SF
Area
Dutchess County, NY
Vacancy
10.50%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,040
Cap Rate 7%
$481,457
Cap Rate 9%
$374,467
Alternative Uses
Best Use
Healthcare Medical
$481.5K
$421.3K – $561.7K
NOI $33,702 @ 7.0% cap · market cap 6.75%
Second Best
Office B
$478.3K
$418.6K – $558.1K
NOI $33,484 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$629.7K
$551.0K – $734.7K
NOI $44,081 @ 7.0% cap · market cap 8.83%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
484
Businesses Nearby
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Business Placement
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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Market
Properties on Market for Mixed-use properties in Poughkeepsie
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor professional space pairs with an upper-level residence, with a rear parking area and ramp entrance.
Where is this mixed-use property located?
The property is located at 143 Hooker Ave 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: 2,092‑square‑foot mixed‑use property built in 1930; First‑floor office layout includes three examination rooms, reception and waiting areas, guest bathroom, and a storage office; Upper level features bedrooms, eat‑in kitchen, hardwood floors, and walk‑up attic
