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    FOR LEASE
    Office buildings

    1 Civic Ctr Plz, Poughkeepsie, NY 12601-3156

    100,000 SF 0.61 ac lot Built 1953
    Entity Owned 7-yr Hold Free & Clear
    Property ID
    US63-0432620
    Property summary
    AI-generated overview

    Located in Poughkeepsie, New York's Central Business District, One Civic Center Plaza offers a diverse range of office spaces within a five-story, Class B building. This multi-tenant property, originally developed by IBM, boasts over 102,000 square feet of total space, with 44,614 square feet currently available. Suites range from a minimum of 650 square feet to a maximum contiguous space of 20,650 square feet, accommodating businesses of various sizes. The building features 30 total suites and is conveniently connected to a 700-space parking garage. Its prime location at the corner of Main and Market Streets provides excellent visibility and accessibility. The property is zoned for retail, office, and medical uses, making it suitable for a wide array of tenants. The building's diverse tenant mix includes businesses, non-profit organizations, and government institutions, creating a vibrant and dynamic work environment. This exceptional opportunity presents a chance to secure office space in a well-established, centrally located building with ample parking and diverse zoning options in Dutchess County. The property's address is 1 Civic Center Plaza, Poughkeepsie, NY 12601.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING
    Year built 1953
    Total area 100,000 SF
    Lot 0.61 ac (26,572 SF)
    Zoning code C-2
    APN 131300 6162-77-050111-0000
    UPID US63-0432620
    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
    • PNR America Industrial Manufacturer Production Facility
    • Dantzman & Dantzman Law Office Law Firm Financial Advisor
    • Attorney General Law Firm
    • Goldstein & Goldstein Law Firm
    • Legal Services-Hudson Valley Law Firm
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $3.25M
    Blend (final) Blend
    $3.20M
    Owner & transaction history
    Acadia Hudson LLC · 7 yrs held
    Acadia Hudson LLC
    since 2018
    7 recorded transactions
    2021
    2018
    2018
    2012
    1969
    1969
    1969
    Zoning & alternative use
    C-2 · Poughkeepsie, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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