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Property profile & analytics
OFF-MARKET
Estimated value
$2,755,000
Turn key restaurants
194 Washington St, Poughkeepsie, NY 12601-1357
Individually Owned
1-yr Hold
Free & Clear
Property ID
US63-1319574
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1979
Total area
4,364 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-1
APN
131300 6062-52-995532-0000
UPID
US63-1319574
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
-
Kiwanis Club of Poughkeepsie Association / Organization
-
ATM Atm
-
Palace Diner Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.77M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.12M
Blend (final)
Blend
$2.76M
Owner & transaction history
Equity Tco · 1 yrs held
Equity Tco
since 2025
Last sale
$2.8M
4 recorded transactions
Zoning & alternative use
C-1 · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,645,000
ML approach
$2,770,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.76M
Range $2.48M – $3.03M · ±10% · vs last sale $2.80M (Feb 19 2025)
Last sale anchor
$2.80M
Feb 19 2025
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
$631 / 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
Assessed value
$2,480,200
Assessed 2023
Previous assessed
$2,254,700
+10.0% YoY
Assessed land
$178,200
Assessed improvement
$2,302,000
Land market value
$178,200
Improvement market value
$2,302,000
Total market value
$2,480,200
Applied tax rate
131,300.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1979
Heating
NONE
Cooling
CENTRAL
Stories
1
Total area
4,364 SF
Lot
1.15 ac (50,094 SF)
Zoning code
C-1
APN
131300 6062-52-995532-0000
UPID
US63-1319574
Jurisdiction
DUTCHESS
Zoning & alternative use
C-1 · Poughkeepsie, NY
Zoning C-1 · permitted uses
C-1 · Poughkeepsie, NY
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Poughkeepsie. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Equity Tco
Individual
Free & Clear · 1 yrs held
Mailing address
194 WASHINGTON ST, POUGHKEEPSIE, NY 12601-1357
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2025
—
Equity Tco
Joshua Gallagher
Quitclaim Deed
related
—
Mar 25, 2020
$2,800,000
Pas Realty Holding LLC
194 Washington LLC
Grant Deed
$3,822,000 · Berkshire Bk
May 31, 2017
$2,700,000
194 Washington LLC
T & P Land Corp
Deed
$1,725,000 · New York Community Bank
—
—
T & P Land Corp
—
Deed Of Trust
related
$450,555 · Hudson Valley FCU
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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