4-Unit
48 Marshall St, Poughkeepsie, NY 12601
For Sale
New
$595,000
Pending
Residents pay their own electricity through separately metered service.
Property Size2,736 SF
Days on Market2
Property Features for 48 Marshall St
General Information
Standard status
Size
Property subtype
Financials
Cap Rate
Gross Income
Units
Multifamily Units
Individually Metered Utilities
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listed By:
David Laufer
(845) 394-8524
Source:
Elliman
Added: Nov 12
Last Checked: Nov 12 at 2:16PM
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 David Laufer
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Investment Insights
Based on property information with market context.
This four-unit residential property was built in 1900. Each unit has separately metered electric service, and tenants pay the electric costs. The property has an 8.7% cap rate, with a rent roll and profit-and-loss statement available.
Located at 48 Marshall St in Poughkeepsie, the property has a Walk Score of 92, a Bike Score of 62, and a Transit Score of 48.
Located at 48 Marshall St in Poughkeepsie, the property has a Walk Score of 92, a Bike Score of 62, and a Transit Score of 48.
Key Highlights
- Four‑family property built in 1900
- Electricity is separately metered, with tenants responsible for payment
- 8.7% cap rate
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$50,764
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,280
$1.0M
Cap Rate 7%
$725,200
$725.2K
Cap Rate 9%
$564,044
$564.0K
Market Conditions
NOI Build-Up for 2,736 SF
Gross rent
$76.5K $27.96/SF
− Vacancy
−$4.0K −$1.45/SF
EGI
$72.5K $26.51/SF
− OpEx
−$21.8K −$7.95/SF
NOI
$50.8K $18.55/SF
Area
Dutchess County, NY
Vacancy
5.20%
Lease Rate
$27.96 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,015,280
Cap Rate 7%
$725,200
Cap Rate 9%
$564,044
Alternative Uses
Best Use
Multifamily LT 5
$725.2K
$634.6K – $846.1K
NOI $50,764 @ 7.0% cap · market cap 8.53%
Second Best
Apartment 5plus
$671.5K
$587.6K – $783.4K
NOI $47,004 @ 7.0% cap · market cap 7.90%
Theoretical Best
Office A
$823.6K
$720.6K – $960.9K
NOI $57,651 @ 7.0% cap · market cap 9.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
2,391
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Quadplex - Residents pay their own electricity through separately metered service.
Where is this quadplex located?
The property is located at 48 Marshall St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $595,000.
What are key features of this property?
This property features: Four‑family property built in 1900; Electricity is separately metered, with tenants responsible for payment; 8.7% cap rate
