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Property profile & analytics
OFF-MARKET
Office buildings

160 Salt Pt Tpke Poughkeepsie, NY 12603-1091

5,564 SF 2 ac lot Built 1920
Entity Owned 2-yr Hold Free & Clear
Property ID
US63-2126236
Property summary
AI-generated overview

This exceptional commercial property, located at 160 Salt Point Turnpike in Poughkeepsie, NY, presents a unique opportunity for a variety of businesses. The expansive 5,720 square foot building sits on a two-acre corner lot at the intersection of Salt Point Turnpike and N. Grand Avenue, offering excellent visibility and accessibility. Ample paved parking is available on all three sides of the building, ensuring convenient parking for employees and clients. The property boasts a tranquil wooded backdrop, providing a sense of privacy and seclusion. The building is divided into multiple units, each featuring several private offices, comfortable sitting areas, dedicated receptionist spaces, and restrooms. Each unit also includes a large central conference room, perfectly situated for meetings and collaborations. The property benefits from separate electric meters, heating, and central air conditioning systems for each unit, allowing for independent climate control and energy management. Municipal water, sewer, and natural gas services are readily available. The substantial lot size presents significant potential for future expansion, making this property an ideal investment for businesses seeking growth and flexibility. The property's versatile layout and prime location make it suitable for a wide range of commercial uses. This is a rare opportunity to acquire a substantial and well-maintained commercial property in a desirable location.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1920
Total area 5,564 SF
Lot 2 ac (87,120 SF)
Zoning code BN
APN 134689 6162-02-953737-0000
UPID US63-2126236
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
  • Popavero Jr Thomas J CPA Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
160 Salt Point LLC · 2 yrs held
160 Salt Point LLC
since 2024
Last sale
$400,000
2 recorded transactions
2024
$400,000
2023
Price N/A
Zoning & alternative use
BN · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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