Auto Shop with Overhead
For Sale
$750,000
20 Industry Street, Poughkeepsie, NY 12603
Industrial auto service property with vehicle lifts, multiple overhead doors, and convenient regional highway access.
Property Size4,356 SF
Lot Size1.98 Acres
Price / SF$171.82
Days on Market96
Property Features for 20 Industry Street
General Information
Standard status
Active
Size
4,356 SF
Lot size
1.98 Acres
Property subtype
Industrial
Additional Details
Highway Access
Yes
Amenities
3 14' Overhead Doors
Garage Door
Commercial 2 Post Car Lifts
Building Details
Building Size
4,356 SF
Buildings
1
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas M. Cervone · License #49CE0922865
(845) 485-3100
Source:
Crproperties
Added: Aug 2
Changed: Oct 25
Last Checked: Nov 4 at 11:15AM
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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Investment Insights
Based on property information with market context.
This 4,365-square-foot industrial auto shop occupies 1.98 acres and is currently configured for transmission repair. The building includes three 14-foot overhead doors, an additional garage door, and commercial two-post car lifts suited to servicing automobiles and machinery.
The property is located on Industry Street in Poughkeepsie, with the Taconic State Parkway and Mid-Hudson Bridge each less than 10 minutes away. The combination of substantial site area, service-oriented improvements, and regional access supports continued automotive use.
The property is located on Industry Street in Poughkeepsie, with the Taconic State Parkway and Mid-Hudson Bridge each less than 10 minutes away. The combination of substantial site area, service-oriented improvements, and regional access supports continued automotive use.
Key Highlights
- 4,365 SF industrial building on 1.98 acres
- Currently configured as a transmission repair shop
- Three 14' overhead doors plus an additional garage door
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,850
Cap Rate
7.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,117,000
$1.1M
Cap Rate 7%
$797,857
$797.9K
Cap Rate 9%
$620,556
$620.6K
Market Conditions
NOI Build-Up for 4,365 SF
Gross rent
$83.3K $19.08/SF
− Vacancy
−$3.5K −$0.80/SF
EGI
$79.8K $18.28/SF
− OpEx
−$23.9K −$5.48/SF
NOI
$55.9K $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%
$1,117,000
Cap Rate 7%
$797,857
Cap Rate 9%
$620,556
Alternative Uses
Best Use
Retail
$797.9K
$698.1K – $930.8K
NOI $55,850 @ 7.0% cap · market cap 7.45%
Second Best
Industrial
$385.7K
$337.5K – $449.9K
NOI $26,996 @ 7.0% cap · market cap 3.60%
Theoretical Best
Office A
$1.31M
$1.15M – $1.53M
NOI $91,976 @ 7.0% cap · market cap 12.26%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
285
Businesses Nearby
Well-served
Demand for This Use
Explore this area
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
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Cadillac Parts & Restoration — 150 Noxon Rd Suite 10, Poughkeepsie, NY 12603
- Mavis Discount Tire — 680 Freedom Plains Rd, Poughkeepsie, NY 12603
- New Hackensack Auto and Tire — 44 Noxon Rd, Poughkeepsie, NY 12603
- RG Autobody Inc — 56 Noxon Rd, Poughkeepsie, NY 12603
- Global Auto Repair & Accessories — 36 Noxon Rd, Poughkeepsie, NY 12603
Frequently Asked Questions
What type of property is this?
Auto shop - Industrial auto service property with vehicle lifts, multiple overhead doors, and convenient regional highway access.
Where is this auto shop located?
The property is located at 20 Industry Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: 4,365 SF industrial building on 1.98 acres; Currently configured as a transmission repair shop; Three 14' overhead doors plus an additional garage door
