Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    11 Academy St Poughkeepsie, NY 12601

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11 Academy St Poughkeepsie, NY 12601

    View on Map
    • Retail properties & Spaces
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NEWYORK / Take-out & Catering / Cafe & Coffee Shop
    • Monogram Poughkeepsie / Cafe & Coffee Shop
    • Top Quality Cut / Barber Shop

    Property Details for 11 Academy St

    Property type
    Retail properties & Spaces

    Description

    This exceptional retail space, located at 11 Academy Street in Poughkeepsie, New York, offers a unique opportunity for a variety of businesses. Situated within Dutchess County's Historic Core zoning district (PID - HC), this single-tenant property boasts 1 square foot of commercial space. The monthly rent of $1,300 is a gross lease, meaning taxes, insurance, and maintenance are included, simplifying budgeting and operational costs. The property's ideal location in Poughkeepsie makes it easily accessible to customers and provides excellent visibility. Potential uses are diverse and include, but are not limited to: art studios, nail or hair salons, barber shops, financial institutions (banks or credit unions), cafes or coffee shops, convenience stores, general offices, and takeout restaurants. This is an excellent opportunity for a small business seeking a well-located, affordable, and manageable space in a vibrant and historic setting. The property is conveniently located in Poughkeepsie, NY, zip code 12601.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9258
    Latitude
    41.7024

    Comparable in this City

    • Value Estimation by Request
      125,250 SF

      2001 South Rd

      Lifestyle centers • 125,250 SF
      2001 South Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      33,400 SF

      1930 South Rd

      Individual retail properties • 33,400 SF
      1930 South Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      45,000 SF

      22 Ibm Rd

      Retail properties & Spaces • 45,000 SF
      22 Ibm Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      1.00 Acre

      2331 South Rd

      Automotive properties • 1.00 Acre
      2331 South Rd, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      235,599 SF

      3440 Rd Rte

      Retail properties & Spaces • 235,599 SF
      3440 Rd Rte, Poughkeepsie, NY 12601
      View Details
    • Value Estimation by Request
      4.39 Acres

      240 Route 9D

      Flex space • 4.39 Acres
      240 Route 9D, Wappingers Falls, NY 12601
      View Details

    Similar Nearby for Sale

    • $1,290,000
      0.08 Acres

      Mixed-Use Building in Downtown Poughkeepsie

      Mixed-use building with commercial and residential units in prime location.
      302-304 Main St, Poughkeepsie, NY 12601
      View Details
    • $1,900,000

      Poughkeepsie Innovation District Development Opportunity

      1.12-acre assemblage in Poughkeepsie's Innovation District, ideal for development.
      194 Church St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Prime Retail Development Site Available

      Exceptional visibility on Route 9, ideal for retail development.
      2331 South Rd, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Renovated Commercial Space Opportunity

      Renovated commercial space near business district and waterfront.
      1 Cottage St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing
      3,500 SF

      Established Retail Business For Sale

      Established retail business specializing in fruit and gift arrangements.
      2585 South Rd, Poughkeepsie, NY 12601
      View Details
    • $4,400,000

      Mixed-Use Asset in Growing CBD

      Multi-tenant retail/office asset with development potential in Poughkeepsie.
      347 Main St, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr

      10 Dutchess Landing Rd

      One Dutchess Landing
      10 Dutchess Landing Rd, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Poughkeepsie Retail Space For Lease

      Retail and restaurant spaces available for lease in Poughkeepsie.
      2521 South Rd, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing

      Retail Space Available For Rent

      Retail space available for rent in Poughkeepsie, NY.
      3440 North Rd Rte 9, Poughkeepsie, NY 12601
      View Details
    • $2,250 /Mo

      Versatile Commercial Space Ready

      Open commercial space ready for build-out with high ceilings.
      579 Main St, Poughkeepsie, NY 12601
      View Details
    • $2,500 /Mo

      Poughkeepsie Retail Space for Lease

      2,700 SF storefront in revitalized business district.
      200 Main St, Poughkeepsie, NY 12601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    11 Academy St
    Poughkeepsie, NY 12601
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!