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Two-Story Medical Office Building
For Sale
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68 W Cedar St, Poughkeepsie, NY 12601

Two-story professional medical office building with on-site parking on the MidHudson Regional Hospital campus.

Property SizeContact for details
Days on Market121

Property Features for 68 W Cedar St

General Information

Standard status Active
Property subtype Office
Listing Agency: CR Properties Group LLC
Listed By: Thomas Cervone · License #NY 49CE0922865
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 10:09AM

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.

This two-story professional medical office building is offered for sale and lease and is located on the MidHudson Regional Hospital campus. The building includes co-tenants in specialties including Maternal-Fetal Medicine, Pulmonology, Gastroenterology, and additional medical practices. On-site parking is provided with 19 spaces at the main level and 23 spaces at the upper level, for a total of 42 spaces.

The property is situated on the MidHudson Regional campus, about 1.8 miles from the Mid-Hudson Bridge, and is less than 5 minutes from the Poughkeepsie Train and MTA. In the broader area, Marist College is located nearby.

The offering includes a 65-year remaining ground lease from MidHudson Regional. Nearby medical services include MidHudson Regional Hospital, which is described as having 243 staffed beds, along with Vassar Brothers Medical Center and a new 264-staffed-bed pavilion.

Key Highlights

  • 2‑story professional medical office building on the MidHudson Regional Hospital campus
  • On‑site parking: 19 cars (main level), 23 cars (upper level), 42 cars total
  • Includes a 65‑year remaining ground lease from MidHudson Regional

Property Analytics

Current Use

Robert A Rosenzweig Md Physician Chista Safajou, MD Physician Hudson Valley OBGYN Medical Clinic Sasha M. Gaer, ... Physician Dr. Joshua M ... Physician

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Nail Salon Furniture & Home Goods HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,292
Businesses Nearby
Under-served
Demand for This Use

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Two-story professional medical office building with on-site parking on the MidHudson Regional Hospital campus.
Where is this medical office space located?
The property is located at 68 W Cedar St Poughkeepsie, NY.
What are key features of this property?
This property features: 2‑story professional medical office building on the MidHudson Regional Hospital campus; On‑site parking: 19 cars (main level), 23 cars (upper level), 42 cars total; Includes a 65‑year remaining ground lease from MidHudson Regional
(845) 485-3100 Call to check price and availability
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