Property profile

297 Mill St Poughkeepsie, NY 12601

FOR SALE
Investment properties
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Property ID
US63-0323759
4,080 SF 0.2 ac Built 1910
Last sale Jan 2026·$550,000
Entity Owned Owner of record is a legal entity (LLC / corporation). Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
Market Trends Soon

Property summary

AI-generated overview

This exceptional 4,080 square foot multi-tenant office building is ideally situated in Poughkeepsie's Central Business District, offering a prime location with high visibility. The Class B property boasts 100% occupancy and is priced at $499,000, or $122.30 per square foot. Located on a 0.2-acre lot with direct frontage on US Route 44/NYS Route 55, it benefits from exceptional traffic counts (5,593 AADT). The building's strategic location provides easy access to key amenities, including the…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

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

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$202k
Assessed land$58k
Assessed improvement$144k

Value estimate

· Nov 2026
$235k
$212k – $259k
AI approach$240k
NOI build-up
Gross scheduled income$112k
Vacancy & credit loss−$25k
Operating expenses−$22k
NOI · 13.09% cap applied$65k

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$91/SF
ZIP average, outlier-cleaned · 56 recorded sales of this use type
Observed band · Q1–Q3$54 – $131
Qualifying comparables10

Cap rate analysis

How does the asset earn?
13.09%
$65k 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-2
JurisdictionDUTCHESS

Location intelligence

Which uses thrive at this corner?
Best fit: Computer & Electronic Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Computer & Electronic Repair10.6
Acupuncture9.3
Furniture Store8.8

Location

297 Mill St Poughkeepsie, NY 12601
County assessor Recorded deeds · 2 transfers 10 qualifying comp sales 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

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
151 Parker, Poughkeepsie, NY 12601-2010 $800,000 Nov 2025 3,575 SF
47 Hamilton, Poughkeepsie, NY 12601-4116 $335,000 Dec 2024 4,208 SF
31 White, Poughkeepsie, NY 12601-3819 $250,000 Dec 2023 3,600 SF
11 White, Poughkeepsie, NY 12601-3869 $3,300,000 Dec 2023 2,992 SF
490 Violet, Poughkeepsie, NY 12601 $2,500,000 Sep 2023 4,688 SF
11 Marist, Poughkeepsie, NY 12601-1368 $4,200,000 Jul 2023 5,446 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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