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Property profile & analytics
OFF-MARKET
Estimated value
$640,000
Office buildings
12 Davis Ave Poughkeepsie, NY 12603-2452
Entity Owned
11-yr Hold
Absentee Owner
Free & Clear
Property ID
US63-0034130
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Total area
4,480 SF
Lot
0.18 ac (7,841 SF)
Zoning code
ATC
APN
134689 6161-12-828725-0000
UPID
US63-0034130
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
-
Hudson Valley Center For Neurofeedback Medical Clinic
-
Somjee Consulting and Coaching Consultant
-
William H. Hartwig, PHD Physician Medical Clinic
-
Andrew Tarectecan Flores Dental Office
-
Mr. Kasparas Vilimas Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$615k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$640k
Owner & transaction history
Gnf Realty Corp · 11 yrs held
Gnf Realty Corp
since 2015
Last sale
$625,000
1 recorded transaction
Zoning & alternative use
ATC · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
The district recognizes the Arlington area as a unique blend of residential and business land uses in close proximity to Vassar College. Land uses include established single-family, two-family, and multifamily development in close proximity to neighborhood-scale service and retail businesses within the Arlington area. An appropriate mixture of land uses is p…
Zone name
Arlington Town Center
General category
COMMERCIAL
Zone area
147.81 ac
Source
Realmo
Top alternative use upside
Commercial (general)
$650,000
+72.8%
Warehouse, storage
$490,000
+30.6%
Auto repair, garage
$445,000
+17.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Poughkeepsie submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Poughkeepsie submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$685,000
ML approach
$615,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$650,000
Change: +73% · Conversion: Easy
WAREHOUSE, STORAGE
$490,000
Change: +31% · Conversion: Difficult
AUTO REPAIR, GARAGE
$445,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$640k
Range $576k – $704k · ±10% · vs last sale $625k (Jun 24 2021)
Last sale anchor
$625k
Jun 24 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$143 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2020Property tax & assessments
Tax year 2020
Tax billed
$21,018
Tax year 2020
Assessed value
$434,500
Assessed 2023
Previous assessed
$398,500
+9.0% YoY
Effective rate
4.84%
On assessed value
Assessed land
$119,900
Assessed improvement
$314,600
Land market value
$119,900
Improvement market value
$314,600
Total market value
$434,500
Applied tax rate
134,601.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Heating
NONE
Cooling
CENTRAL
Stories
2
Total area
4,480 SF
Lot
0.18 ac (7,841 SF)
Zoning code
ATC
APN
134689 6161-12-828725-0000
UPID
US63-0034130
Jurisdiction
DUTCHESS
Zoning & alternative use
ATC · Poughkeepsie, NYZoning ATC · permitted uses
ATC · Poughkeepsie, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
The district recognizes the Arlington area as a unique blend of residential and business land uses in close proximity to Vassar College. Land uses include established single-family, two-family, and multifamily development in close proximity to neighborhood-scale service and retail businesses within the Arlington area. An appropriate mixture of land uses is permitted; nonresidential uses that complement residential uses are encouraged.
Zone name
Arlington Town Center
General category
COMMERCIAL
Zone area
147.81 ac
Source
Realmo
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$650,000
WAREHOUSE, STORAGE
Est. value
$490,000
AUTO REPAIR, GARAGE
Est. value
$445,000
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Heating
NONE
Cooling
Yes
Stories
2
Lot
0.18 ac
Current owner
From public records · entity-resolved
Gnf Realty Corp
Entity
Free & Clear · 11 yrs held
Mailing address
816 RTE 22, PAWLING, NY 12564-1947
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 19, 2015
—
Gnf Realty Corp
Gnf Realty Corp
Quit Claim Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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