Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    36 Clover St Poughkeepsie, NY 12601-2205

    • Showrooms
    • 3,648 SF
    • 2.26 lot acres
    OFF-MARKET
    Last Sale
    Mar 29, 2022
    $600,000
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    8.7%
    Showrooms
    Location Intelligence
    Property ID
    US63-2930816
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Poughkeepsie Day Nursery / Charitable Organization / Social Service Agency

    Property Details for 36 Clover St

    Year built
    1865
    Lot size
    2.26 lot acres
    Property size
    3,648 SF
    Zone code
    R-4
    Property type
    Showrooms
    APN
    131300 6062-75-837228-0000
    APU
    9223372036854775807

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $510,000
      ML approach
      $515,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $680,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $479,000
      Market price range: $196k - $480k
      AI Estimate
      $405,000
      Market price range: $145k - $405k

    • Alternative Use

      Use
      Estimation
      COMMERCIAL (GENERAL)
      $335,000
      Current use
      WAREHOUSE, STORAGE
      $400,000
      Change: +20% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $360,000
      Change: +8% Conversion: Difficult

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.936
    Latitude
    41.7074
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2020
    $0.00
    $522,500
    $177,500
    $700,000
    -
    $522,500
    $177,500
    $700,000

    Comparable in this City

    • Value Estimation
      $1,645,000
      17,250 SF

      289 Main St

      SHOW ROOM, WAREHOUSE • 17,250 SF
      289 Main St, Poughkeepsie, NY 12601-3190
      View Details
    • Value Estimation by Request
      5,580 SF

      55 Noxon St

      SHOW ROOM, WAREHOUSE • 5,580 SF
      55 Noxon St, Poughkeepsie, NY 12601-4101
      View Details
    • Value Estimation
      $1,020,000
      8,933 SF

      299 Main St

      SHOW ROOM, WAREHOUSE • 8,933 SF
      299 Main St, Poughkeepsie, NY 12601-3144
      View Details
    • Value Estimation
      $17,500,000
      263,960 SF

      1 Columbia St

      SHOW ROOM, WAREHOUSE • 263,960 SF
      1 Columbia St, Poughkeepsie, NY 12601-3923
      View Details
    • Value Estimation
      $1,095,000
      24,786 SF

      400 Maple St

      SHOW ROOM, WAREHOUSE • 24,786 SF
      400 Maple St, Poughkeepsie, NY 12601-3483
      View Details
    • Value Estimation by Request
      5,202 SF

      380 Little Smith St

      SHOW ROOM, WAREHOUSE • 5,202 SF
      380 Little Smith St, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Sale

    • $950,000

      Mixed-Use Investment Opportunity Near Vassar

      Turnkey 5-unit mixed-use building with parking near Vassar Brothers.
      48 Columbia St, Poughkeepsie, NY 12601
      View Details
    • $875,000
      1,900 SF

      Restored Mixed-Use Poughkeepsie Rowhouse

      Restored mixed-use building with storefront and apartments in downtown Poughkeepsie.
      330 Main St, Poughkeepsie, NY 12601
      View Details
    • $399,000

      Two-Story Warehouse with Buildable Parcel

      Two-story warehouse with buildable parcel, development potential.
      113 N Clinton St, Poughkeepsie, NY 12601
      View Details
    • $1,150,000
      Pending

      Renovated Apartments Plus Office Space

      10 renovated apartments and insurance office in downtown Poughkeepsie.
      220 Main St, Poughkeepsie, NY 12601
      View Details
    • $445,000
      7,280 SF

      Two-Story Commercial Building in Poughkeepsie

      Two-story, 7,280 SF commercial building in Poughkeepsie, NY.
      383 Main St, Poughkeepsie, NY 12601
      View Details
    • $895,000
      1,782 SF

      Gas Station with Convenience Store

      Gas station with convenience store for sale or lease.
      150 Parker Ave, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Lease

    • $19 SF/Yr
      3,768 SF

      Poughkeepsie Retail Space For Rent

      Prime location near convention center, ice arena, and hotel.
      233 Main St, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing
      13,545 SF

      Historic Poughkeepsie Retail Space

      Prime Downtown Poughkeepsie location, multiple units available.
      293 Garden Street Ext, Poughkeepsie, NY 12601
      View Details
    • Contact for pricing
      3,300 SF

      Retail Space on Route 9

      Retail spaces with high visibility and ample parking available.
      2623 South Rd, Poughkeepsie, NY 12601
      View Details
    • $500 /Mo
      625 SF

      Renovated Retail Space in Poughkeepsie

      Recently renovated retail space in a historic Poughkeepsie building.
      57 Cannon St, Poughkeepsie, NY 12601
      View Details
    • $1,150 /Mo
      6,098 SF

      Poughkeepsie First-Floor Office Space

      Versatile 368 SF office space in prime Poughkeepsie location.
      53 Market St, Poughkeepsie, NY 12601
      View Details
    • $1,450 /Mo

      Corner Retail Space For Rent

      Highly visible retail space in the business district.
      292 Mill St, Poughkeepsie, NY 12601
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36 Clover St
    Poughkeepsie, NY 12601-2205
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!