Technical
Financial
Distress signals
Property profile

21 Raymond Ave Poughkeepsie, NY 12603

FOR LEASE
Showrooms
Property ID
US63-4390250
49,311 SF 1.06 ac lot Built 2022
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

The Arlington, located at 21 Raymond Ave in Poughkeepsie, NY 12603, offers exceptional retail space within a thriving mixed-use development. This Class A property boasts a total of 5,167 square feet of commercial space, with one available unit ranging from 880 to 1,350 contiguous square feet. The building is situated on a highly visible corner lot at the intersection of Raymond Avenue and the Eastbound arterial, ensuring maximum exposure for your business. Benefit from the significant foot traffic generated by the 196 residential units (64 already completed) within The Arlington development, as well as the proximity to Vassar College and the surrounding community. This location offers unparalleled access to a vibrant customer base drawn to the neighborhood's restaurants, shops, and amenities. The available space is ideal for a variety of retail uses, providing a unique opportunity to establish a presence in a rapidly growing area of Dutchess County. The minimum divisible space is 880 square feet, while the maximum contiguous space available is 1,350 square feet. Don't miss this chance to secure a prime retail location in a dynamic and established community.

Property profile

Verified
Property type Showrooms
Use group SHOW ROOM, WAREHOUSE
Year built 2022
Total area 49,311 SF
Lot 1.06 ac (46,174 SF)
Zoning code ATC
APN 134689 6161-12-778745-0000
UPID US63-4390250

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Clothing & Fashion Store
  • Gym & Fitness Center

Location

21 Raymond Ave Poughkeepsie, NY 12603
Poughkeepsie metro Census 410000 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.42M
Blend (final) Blend
$4.43M

Owner & transaction history

since 2022
1 recorded transaction
2022
Price N/A

Zoning & alternative use

ATC · Poughkeepsie, NY
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 developmen…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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