63 Washington St Poughkeepsie, NY 12601
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.
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Eric B. Wharton Law Firm
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Michael J. Carroll - McCabe & Mack LLP Law Firm
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Rebecca M. Blahut - McCabe & Mack LLP Law Firm
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Hon. Albert M. Rosenblatt - McCabe & Mack LLP Law Firm
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Mary E. Tokarz Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.