Poughkeepsie Industrial Space For
For Sale
Contact for pricing
97 N Clinton St, Poughkeepsie, NY
Industrial space available for lease in Poughkeepsie, New York.
Property Size9,000 SF
Lot Size0.58 Acres
Price / SF$102.78
Days on Market269
Property Features for 97 N Clinton St
General Information
Standard status
Active
Size
9,000 SF
Lot size
0.58 Acres
Property subtype
FLEX_R_AND_D
Properties For Sale
at 97 N Clinton St Contact us- Floor
- Bldg
- Size
- 9,000 SF
- Type
- FLEX_R_AND_D
- Lease Type
- GROSS
- Availability
- AVAILABLE, Now
- Sublease
- No
97 N Clinton St
- CR Properties is pleased to offer For Lease a Industrial Space located at 97 North...
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Listing Agency:
CR Properties Group, LLC
(845) 485-3100
Listed By:
Tom Cervone
Source:
Moodyscre
Added: Nov 24, 2025
Changed: Aug 8
Last Checked: Aug 8 at 12:25PM
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.
An industrial space is available for lease at 97 North Clinton Street in Poughkeepsie, New York. The property offers 9,000 square feet of space. The location provides convenient access to transportation, with the Mid-Hudson Bridge situated approximately 1.7 miles away, a drive of about 4 minutes. Additionally, the Poughkeepsie MTA Train Station is located approximately 1.4 miles away, reachable in about 6 minutes, offering access to Albany and Grand Central, each approximately a 2-hour journey.
Key Highlights
- Convenient access to the Poughkeepsie MTA Train Station (1.4 miles / 6 minutes).
- Close proximity to the Mid‑Hudson Bridge (1.7 miles / 4 minutes).
- Access to Albany and Grand Central via train.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$55,663
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.02%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,113,260
$1.1M
Cap Rate 7%
$795,186
$795.2K
Cap Rate 9%
$618,478
$618.5K
Market Conditions
NOI Build-Up for 9,000 SF
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.
Gross rent
$85.3K $9.48/SF
− Vacancy
−$5.8K −$0.64/SF
EGI
$79.5K $8.84/SF
− OpEx
−$23.9K −$2.65/SF
NOI
$55.7K $6.18/SF
Area
Dutchess County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,113,260
Cap Rate 7%
$795,186
Cap Rate 9%
$618,478
Alternative Uses
Best Use
Flex RnD
$2.11M
$1.85M – $2.46M
NOI $147,736 @ 7.0% cap · market cap 15.97%
Second Best
Industrial
$795.2K
$695.8K – $927.7K
NOI $55,663 @ 7.0% cap · market cap 6.02%
Theoretical Best
Office A
$2.71M
$2.37M – $3.16M
NOI $189,641 @ 7.0% cap · market cap 20.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,833
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial space available for lease in Poughkeepsie, New York.
Where is this flex space located?
The property is located at 97 N Clinton St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: Convenient access to the Poughkeepsie MTA Train Station (1.4 miles / 6 minutes).; Close proximity to the Mid‑Hudson Bridge (1.7 miles / 4 minutes).; Access to Albany and Grand Central via train.
