Versatile Office and Retail
For Sale
$1,175,000
876 Dutchess Tpke, Poughkeepsie, NY 12603
Office building offered for sale, suitable for office, retail, or service use near Eastdale Village.
Property Size3,708 SF
Days on Market137
Property Features for 876 Dutchess Tpke
General Information
Standard status
Active
Size
3,708 SF
Class
C
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Building Size
3,708 SF
Year Built
1980
Listed By:
Thomas M. Cervone · License #49CE0922865
(845) 485-3100
Source:
Crproperties
Added: Jun 16
Changed: Oct 25
Last Checked: Oct 28 at 4:59AM
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 Thomas M. Cervone
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Investment Insights
Based on property information with market context.
CR Properties Group is pleased to offer an office building for sale at 876 Dutchess Turnpike. The property is suitable for office, retail, or service uses, providing flexibility for an owner-occupant or investor.
The building is positioned about 12 minutes from the Mid-Hudson Bridge and approximately 13 minutes from the Taconic State Parkway. Eastdale Village, with multiple shops and restaurants, is located nearby.
The offering presents a straightforward opportunity to acquire a small commercial building that can support multiple operational formats within the office and retail/service categories.
The building is positioned about 12 minutes from the Mid-Hudson Bridge and approximately 13 minutes from the Taconic State Parkway. Eastdale Village, with multiple shops and restaurants, is located nearby.
The offering presents a straightforward opportunity to acquire a small commercial building that can support multiple operational formats within the office and retail/service categories.
Key Highlights
- Office building for sale at 876 Dutchess Turnpike, Poughkeepsie, NY 12603
- Suitable for office, retail, or service use
- About 12 minutes from the Mid‑Hudson Bridge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$59,349
Cap Rate
5.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,980
$1.2M
Cap Rate 7%
$847,843
$847.8K
Cap Rate 9%
$659,433
$659.4K
Market Conditions
NOI Build-Up for 3,708 SF
Gross rent
$101.5K $27.36/SF
− Vacancy
−$22.3K −$6.02/SF
EGI
$79.1K $21.34/SF
− OpEx
−$19.8K −$5.34/SF
NOI
$59.3K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,186,980
Cap Rate 7%
$847,843
Cap Rate 9%
$659,433
Alternative Uses
Best Use
Office B
$847.8K
$741.9K – $989.2K
NOI $59,349 @ 7.0% cap · market cap 5.05%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.12M
$976.7K – $1.30M
NOI $78,132 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
215
Businesses Nearby
Explore this area
Business Placement
Demographics for 12603, NY
41,470
Population
17,468
Households
2.4
Avg Household Size
43
Median Age
47%
College-Educated
94%
High-School Grad
31.9 sq mi
ZIP Area
1,300
Density / Sq Mi
$104,185
Median Household Income
$54,254
Median Earnings
$1,626
Median Rent
$342,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Office building - Office building offered for sale, suitable for office, retail, or service use near Eastdale Village.
Where is this office building located?
The property is located at 876 Dutchess Tpke Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Office building for sale at 876 Dutchess Turnpike, Poughkeepsie, NY 12603; Suitable for office, retail, or service use; About 12 minutes from the Mid‑Hudson Bridge
