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Multi-Tenant Office and Retail Building

41 MAIN ST Poughkeepsie, NY 12601

41 MAIN ST, Poughkeepsie, NY, 12601
$4,400,000
For Sale
$4,400,000

Multi-tenant office and retail asset with surface parking and an extended bankruptcy court lease.

Property Size33,711 SF
Lot Size1.17 Acres
Price / SF$130.52
Days on Market151

Property Features for 41 MAIN ST

General Information

Standard status
Active
Size
33,711 SF
Lot size
1.17 Acres
Property subtype
Office

Building Details

Year Built
1860
Listing agency KW MidHudson
Listed by Don Minichino · License #10401333542
Source Xome
Added: Feb 21 Updated: Jul 22 at 5:47AM Checked: Jul 22 at 5:47AM

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 KW MidHudson


Investment Insights

Based on property information with market context.

41 Main Street is a multi-tenant office and retail building totaling 33,711 square feet on 1.17 acres. The property includes one of three federal bankruptcy courthouses in the Southern District of New York, with the lease guaranteed by the United States government (S&P credit rating: AA+). The court lease commenced in 2005 and has been recently extended through 2034.

The site includes 80+ surface lot parking spaces, with some dedicated to the court. A large majority of the parking lot could be developed into an apartment building or hotel with up to 7 stories. Additionally, a pending 20-year lease is noted for 6,397 square feet with a medical provider.

Key Highlights

  • Multi‑tenant retail/office asset at 347 Main Street, Poughkeepsie on 1.17 acres
  • Lease commenced in 2005 and recently extended for an additional 10 years through 2034
  • Pending 20‑year lease for 6,397 SF with a medical provider

Property Analytics

Location Intelligence

Current Use by Public Records

Metro North Freight Service 41 Main St ... Parking Lot & Garage John Falcone Resort Poughkeepsie Gateway Murals Resort Poughkeepsie Train Station

Suggested Use

Computer & Electronic Repair Storage Facility Furniture & Home Goods Carpet & Flooring Store Veterinary Clinic (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Butcher HVAC Service (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office building - Multi-tenant office and retail asset with surface parking and an extended bankruptcy court lease.
Where is this office building located?
The property is located at 41 MAIN ST Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $4,400,000.
What are key features of this property?
This property features: Multi‑tenant retail/office asset at 347 Main Street, Poughkeepsie on 1.17 acres; Lease commenced in 2005 and recently extended for an additional 10 years through 2034; Pending 20‑year lease for 6,397 SF with a medical provider
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