Office Building with
For Sale
$1,699,000
214 Main Street, Poughkeepsie, NY 12601
Commercial Sale, Poughkeepsie, NY
Property Size7,500 SF
Lot Size0.13 Acres
Price / SF$226.53
Days on Market229
Property Features for 214 Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-2
Rooms
Basement
Parking
14
Parking features
Parking Lot
Security features
Security System
Basement
Finished, Walk-Out Access, Full, Storage Space
Appliances
Refrigerator
Standard status
Active
APN
131300-6062-84-981118-0000
Lot size
0.13 Acres
Additional Details
Property Use
Office
Condition
Built-Out
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17836
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Water source
Public
Amenities
private rear courtyard
outdoor rooftop
recreation/training space
Building Details
Building materials
Brick
Buildings
1
Listing Agency:
K. Fortuna Realty, Inc.
(845) 632-3492
Listed By:
Ginalea Healy
(845) 224-4272
Added: Mar 10
Changed: Oct 24
Last Checked: Oct 24 at 3:06PM
MLS# 970337
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 214 Main Street, this four-story office building contains more than 7,500 SF and was renovated in 2012. Its layout includes 10 private offices, 2 conference rooms, restrooms on each floor, storage, and a cellar-level recreation or training area. Separate utilities serve each level, and the building has an intercom system and handicap access. Improvements include a replacement roof, updated front windows, exterior lighting, and copper plumbing. Heating is provided by an oil-fired forced-air system, with an above-ground tank; central air conditioning is also present.
The property includes a rear courtyard and a separately deeded parking lot at 211 Union Street with parking for approximately 15 vehicles. It is in a federally designated Opportunity Zone and near the Bardavon 1869 Opera House, Mid-Hudson Civic Center, restaurants, retail, municipal offices, Metro-North service, and the Hudson River waterfront redevelopment area.
The property includes a rear courtyard and a separately deeded parking lot at 211 Union Street with parking for approximately 15 vehicles. It is in a federally designated Opportunity Zone and near the Bardavon 1869 Opera House, Mid-Hudson Civic Center, restaurants, retail, municipal offices, Metro-North service, and the Hudson River waterfront redevelopment area.
Key Highlights
- Four‑story office building with 7,500+ SF
- 10 private offices and 2 conference rooms
- Restrooms on every floor; separate utilities by level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$120,042
Cap Rate
7.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,840
$2.4M
Cap Rate 7%
$1,714,886
$1.7M
Cap Rate 9%
$1,333,800
$1.3M
Market Conditions
NOI Build-Up for 7,500 SF
Gross rent
$205.2K $27.36/SF
− Vacancy
−$45.1K −$6.02/SF
EGI
$160.1K $21.34/SF
− OpEx
−$40.0K −$5.34/SF
NOI
$120.0K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,400,840
Cap Rate 7%
$1,714,886
Cap Rate 9%
$1,333,800
Alternative Uses
Best Use
Office B
$1.71M
$1.50M – $2.00M
NOI $120,042 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.26M
$1.98M – $2.63M
NOI $158,034 @ 7.0% cap · market cap 9.30%
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
2,252
Businesses Nearby
Explore this area
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
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Multi-level space combines private offices, conference rooms, and a separate parking parcel.
Where is this office building located?
The property is located at 214 Main Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: Four‑story office building with 7,500+ SF; 10 private offices and 2 conference rooms; Restrooms on every floor; separate utilities by level
