Road-Visible Retail
For Sale
Contact for pricing
3677 Albany Post Rd, Poughkeepsie, NY 12601
Retail space with signage and road visibility on U.S. Route 9 for sale or lease.
Property Size21,605 SF
Price / SF$145.80
Days on Market95
Property Features for 3677 Albany Post Rd
General Information
Standard status
Active
Size
21,605 SF
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 3677 Albany Post Rd Contact us- Floor
- Bldg
- Size
- 21,605 SF
- Type
- RETAIL
- Lease Type
- NNN
- Availability
- AVAILABLE, Now
- Sublease
- No
3677 Albany Post Rd
- CR Properties is pleased to offer a sale / lease on 3677 Albany Post, Poughkeepsie,...
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Listing Agency:
CR Properties Group, LLC
(845) 485-3100
Listed By:
Tom Cervone
Source:
Moodyscre
Added: Jun 3
Changed: Aug 25
Last Checked: Sep 4 at 2:57AM
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
Investment Insights
Based on property information with market context.
CR Properties is pleased to offer a sale or lease opportunity at 3677 Albany Post Road in Poughkeepsie, NY. The offering includes retail space of approximately 21,605 SF with signage and road visibility along U.S. Route 9.
The site is located on U.S. Route 9 between Marist University and the Culinary Institute of America. It is approximately 3 miles from the Mid-Hudson Bridge and about 2.5 miles from the Poughkeepsie Train Station and Amtrak services.
This property’s primary positioning is its U.S. Route 9 frontage with signage, supporting retail uses that benefit from drive-by exposure.
The site is located on U.S. Route 9 between Marist University and the Culinary Institute of America. It is approximately 3 miles from the Mid-Hudson Bridge and about 2.5 miles from the Poughkeepsie Train Station and Amtrak services.
This property’s primary positioning is its U.S. Route 9 frontage with signage, supporting retail uses that benefit from drive-by exposure.
Key Highlights
- Retail space totaling 21,605 SF with signage and road visibility on U.S. Route 9
- Located on U.S. Route 9 between Marist University and the Culinary Institute of America
- Approximately 3 miles to the Mid‑Hudson Bridge
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$276,437
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.78%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,528,740
$5.5M
Cap Rate 7%
$3,949,100
$3.9M
Cap Rate 9%
$3,071,522
$3.1M
Market Conditions
NOI Build-Up for 21,605 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$412.2K $19.08/SF
− Vacancy
−$17.3K −$0.80/SF
EGI
$394.9K $18.28/SF
− OpEx
−$118.5K −$5.48/SF
NOI
$276.4K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$5,528,740
Cap Rate 7%
$3,949,100
Cap Rate 9%
$3,071,522
Alternative Uses
Best Use
Retail
$3.95M
$3.46M – $4.61M
NOI $276,437 @ 7.0% cap · market cap 8.78%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.50M
$5.69M – $7.59M
NOI $455,244 @ 7.0% cap · market cap 14.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
88
Businesses Nearby
7k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
7,148 visits/mo
0.2 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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with signage and road visibility on U.S. Route 9 for sale or lease.
Where is this retail space located?
The property is located at 3677 Albany Post Rd Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $3,150,000.
What are key features of this property?
This property features: Retail space totaling 21,605 SF with signage and road visibility on U.S. Route 9; Located on U.S. Route 9 between Marist University and the Culinary Institute of America; Approximately 3 miles to the Mid‑Hudson Bridge
