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    761 Main St Poughkeepsie, NY 12603

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    For Sale
    $785,000

    High-yield investment property with value-add potential in a growing market.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 4:42 pm

    Property Features for 761 Main St

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1920

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    Listing Contact
    Curtis Darragh
    Curtis Darragh

    Listing agent Curtis Darragh

    Listing office LEGACY LAND & HOMES LLC

    Listing date Apr 24, 2026

    Source Elliman

    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 LEGACY LAND & HOMES LLC


    Overview

    Poughkeepsie 6-Unit Investment Property

    Located on Main Street in Poughkeepsie, NY, 761 Main Street is a 6-unit rental property. The property generates a gross annual income of $114,564 and operates at a 7.50% cap rate. There is potential to reach an 8.06% pro forma cap rate by adjusting below-market rents to current market rates; one unit has already been adjusted. Each unit has separate electric and gas meters. The property is located within walking distance of local businesses, dining, and public transportation. The bike score is 56, indicating it is bikeable. The transit score is 31, indicating some transit options are available. The walk score is 27, indicating car-dependent surroundings.
    Location Intelligence

    Current Use by Public Records

    Simsons Limited Financial Advisor

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9033851
    Latitude
    41.6966896

    FAQs

    What type of property is this?
    Apartment building - High-yield investment property with value-add potential in a growing market.
    Where is this apartment building located?
    The property is located at 761 Main St Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $785,000.
    What are key features of this property?
    This property features: High‑yield investment property with a **7.50% cap rate** and potential to reach **8.06% pro forma**.; Gross annual income of $114,564.; Six‑unit rental property in the Town of Poughkeepsie.
    More about this property
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