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Property profile & analytics
OFF-MARKET
Office Spaces

63 Washington St Poughkeepsie, NY 12601

15,214 SF 0.75 ac lot
Property ID
Property summary
AI-generated overview

This exceptional Class A office building, located at 63 Washington Street in Poughkeepsie, New York, presents a compelling investment opportunity. The 15,214 square foot property sits on a 0.75-acre lot and is currently 50% occupied under a modified lease agreement with a single tenant. Priced at $1,975,000 ($129.81/sq ft), this executive, medical, and traditional office space offers significant potential. Its central location within the Dutchess County business district provides easy access to major transportation hubs, including the Poughkeepsie Train Station offering Hudson Line service to Grand Central Terminal and Amtrak access to Penn Station. The property benefits from its proximity to renowned institutions such as Vassar, Marist, Bard Colleges, Dutchess Community College, and the Culinary Institute of America. Furthermore, its location near prominent entertainment venues like The Chance Theater, DC Sports, The Bardavon, and the Mid-Hudson Civic Center, along with the Walkway Over the Hudson, enhances its appeal. Major medical facilities, including Vassar Brothers and MidHudson Regional Hospital, are also conveniently located nearby. This presents a unique chance to acquire a well-situated, versatile office building in a thriving New York community. The property's zip code is 12601.

Property profile
Verified
Property type Office Spaces
Total area 15,214 SF
Lot 0.75 ac (32,670 SF)
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
Current use
Occupant on record · Public records
  • Eric B. Wharton Law Firm
  • Michael J. Carroll - McCabe & Mack LLP Law Firm
  • Rebecca M. Blahut - McCabe & Mack LLP Law Firm
  • Hon. Albert M. Rosenblatt - McCabe & Mack LLP Law Firm
  • Mary E. Tokarz Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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