Versatile Office and Retail
876 Dutchess Turnpike Poughkeepsie, NY 12603
876 Dutchess Turnpike, Poughkeepsie, NY, 12603
Contact for pricing
For Sale
Contact for pricing
Office building offered for sale, suitable for office, retail, or service use near Eastdale Village.
Property Size3,708 SF
Price / SF$316.88
Days on Market45
Property Features for 876 Dutchess Turnpike
General Information
- Standard status
- Active
- Size
- 3,708 SF
- Property subtype
- Retail, Office
Listing agency
CR Properties Group LLC
(845) 485-3100
Listed by
Thomas Cervone · License #NY 49CE0922865
Source
Crexi
Added: Jun 8 Updated: Jul 22 at 5:51AM Checked: Jul 22 at 5:51AM
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.
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
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.5k | $27.36 |
| − Vacancy | −$22.3k | −$6.02 |
| EGI | $79.1k | $21.34 |
| − OpEx | −$19.8k | −$5.34 |
| NOI | $59.3k | $16.01 |
3,708 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$847.8K
$741.9K – $989.2K
NOI $59,349 @ 7.0% cap · market cap 5.05%
Second Best
Retail
$677.8K
$593.1K – $790.7K
NOI $47,444 @ 7.0% cap · market cap 4.04%
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 local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Arlington Dental Associates ...
Dental Office
Dr. Angela Bova
Dental Office
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FAQs
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 Turnpike 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