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Financial
Distress signals
Property profile

129 South Ave Poughkeepsie, NY 12601

FOR LEASE
Community centers
Property ID
US63-6038570
8,000 SF 0.79 ac lot Built 1963
Last sale Feb 2005 · $775,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 19-yr Hold Held for 19 years. Free & Clear No active or open recorded mortgage detected.
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Market Trends Soon
129 South Ave, Poughkeepsie, NY 12601 For Lease
$15 SF/Yr 8,000 SF available
129 South Ave, Poughkeepsie, NY 12601
View Listing

Property summary

AI-generated overview

The property is a free-standing former Rite Aid retail building totaling approximately 8,000 square feet, with 35 on-site parking spaces and a delivery dock. Its interior layout and existing improvements are suited for redevelopment or reuse for medical use, neighborhood retail, or office occupancy, subject to applicable approvals. The building is located in Poughkeepsie, New York near the Nuvance Vassar Brothers Healthcare Center, with access routed via the NYS Thruway (I-87) to Exit 18, then east on NY-299 to US Rt. 9W, continuing to Market Street and South Ave.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax

What does the county charge?
Assessed value · 2023$998k
Assessed land$105k
Assessed improvement$893k

Value estimate

· Oct 2026
$215k
$194k – $237k
AI approach$270k
NOI build-up
Gross scheduled income$153k
Vacancy & credit loss−$6k
Operating expenses−$44k
NOI · 682,400.00% cap applied$102k

Realmo valuation models over county records.

Recently sold

No data for this section
What actually traded nearby?

No cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.

Cap rate analysis

How does the asset earn?
682,400.00%
$102k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C-1
JurisdictionDUTCHESS

Location intelligence

Which uses thrive at this corner?
Best fit: Furniture Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Furniture Store10.1
Computer & Electronic Repair10.1
Carpet & Flooring Store9.3

Location

129 South Ave Poughkeepsie, NY 12601
County assessor Recorded deeds · not on file Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

4 recorded sales · 18 properties nearby
Recent sales nearby
4 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
709 Main, Poughkeepsie, NY 12601-3700 $2,300,000 Dec 2024 12,269 SF
488 Main, Poughkeepsie, NY 12601-3402 $1,675,000 Apr 2023 11,316 SF
412 Main, Poughkeepsie, NY 12601-3312 $1,900,000 Aug 2022 17,890 SF
2576 Ss, Poughkeepsie, NY 12601-5397 $6,623,940 May 2020 46,670 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
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