Poughkeepsie Commercial Building For
8 Ibm Rd Poughkeepsie, NY 12601
8 Ibm Rd, Poughkeepsie, NY, 12601
Contact for pricing
For Sale
Contact for pricing
Commercial building for sale with on-site parking.
Property Size1,700 SF
Price / SF$350
Days on Market1366
Property Features for 8 Ibm Rd
General Information
- Standard status
- Active
- Size
- 1,700 SF
- Property subtype
- Retail
Listing agency
CR Properties Group LLC
(845) 485-3100
Listed by
Thomas Cervone · License #NY 49CE0922865
Source
Crexi
Added: Oct 25, 2022 Updated: Jul 6 at 7:56AM Checked: Jul 21 at 11:00AM
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.
A 1,700 square foot commercial building is available for sale or lease at the southwest corner of 8 IBM Road and Rosewood Road in Poughkeepsie, New York. The property is zoned B-N, Business District, and includes on-site parking. The location offers visibility from U.S. Route 9 and benefits from a high traffic count. It is situated 7 minutes from the Mid-Hudson Bridge and 18 minutes from Interstate 84.
Key Highlights
- High visibility from U.S. Route 9.
- Located on SW Corner of 8 IBM Road & Rosewood Road.
- Zoned B‑N, Business District.
Local Financial Insights For Retail
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 | $32.4k | $19.08 |
| − Vacancy | −$1.4k | −$0.80 |
| EGI | $31.1k | $18.28 |
| − OpEx | −$9.3k | −$5.48 |
| NOI | $21.8k | $12.80 |
1,700 SF · lease $19.08/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$310.7K
$271.9K – $362.5K
NOI $21,752 @ 7.0% cap · market cap 3.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$511.7K
$447.8K – $597.0K
NOI $35,821 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Commercial building for sale with on-site parking.
Where is this storefront property located?
The property is located at 8 Ibm Rd 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: High visibility from U.S. Route 9.; Located on SW Corner of 8 IBM Road & Rosewood Road.; Zoned B‑N, Business District.
