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    OFF-MARKET
    Restaurants

    33 Academy St, Poughkeepsie, NY 12601

    Built 1900
    Property ID
    Property summary
    AI-generated overview

    This vibrant food hall, located in Poughkeepsie's Academy HVNY entertainment hub, offers three available turn-key suites ranging from 160 to 240 square feet. Each suite is equipped with essential kitchen appliances, including vent hoods, coolers, and freezers, making it ideal for immediate occupancy. The property is part of a larger complex that includes Barn Fox co-working and retreat center, Sundaze Burgers, and the Keepsake wedding and event space, creating a synergistic and thriving entertainment ecosystem. The building itself is a three-story, Class B structure built in 1900 and extensively renovated in 2019, boasting a 10-foot ceiling height. The food hall is zoned PID-HC and has a total of six suites within the single building. Currently, 640 square feet are vacant. This presents a unique opportunity for food trucks, food entrepreneurs, chefs, cafes, or other food and beverage businesses to establish themselves in a high-traffic location. The property benefits from its proximity to over 200 new apartments, with an additional 500 units planned in the coming years, ensuring a consistent and growing customer base. Flexible lease terms are available, including monthly, annual, and longer-term options, providing adaptability to suit various business needs. The property's address is conveniently located near Academy Street, and its APN is 131300-6162-77-112003-0000.

    Property profile
    Verified
    Property type Restaurants
    Year built 1900
    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
    • Keepsake Hotel & Motel Resort
    • Poughkeepsie Mural Resort
    • ATM Atm
    • Sundaze Smash Burgers Restaurant
    • Cornerstone Cafe Food Market Restaurant
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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