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OFF-MARKET
Investment properties

63 Cannon St Poughkeepsie, NY 12601-3213

4,356 SF 0.03 ac lot Built 1981
Entity Owned 7-yr Hold Free & Clear
Property ID
US63-1092841
Property summary
AI-generated overview

This 650-square-foot office suite is located at 63 Cannon Street in Poughkeepsie, New York, zip code 12601. The space is part of a three-story mixed-use building constructed in 1898 and extensively renovated in 2019. The building is situated in the city's Central Business District, within a block of over 200 recently renovated or newly constructed apartments, with an additional 300+ apartments planned for the immediate area. The property features a total of 3,138 square feet, divided into six suites. This particular suite offers a flexible layout suitable for various office configurations, including traditional, coworking, creative, or executive office uses. The minimum divisible space is 650 square feet, and the maximum contiguous space available is also 650 square feet. The property's zoning is PID-HC, and its APN is 131300-6162-77-102032-0000. The building's address is easily accessible via Academy Street. This is a unique opportunity to secure a well-located office space in a thriving urban environment. The suite is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1981
Total area 4,356 SF
Lot 0.03 ac (1,307 SF)
Zoning code C-2
APN 131300 6162-77-102032-0000
UPID US63-1092841
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Cannon St Properties LLC · 7 yrs held
Cannon St Properties LLC
since 2018
1 recorded transaction
2018
$267,500
Zoning & alternative use
C-2 · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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