Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    432 Main St Poughkeepsie, NY 12601-3312
    Back to Search
    Property profile & analytics

    432 Main St, Poughkeepsie, NY 12601-3312

    View on Map
    • Investment properties
    • 12,928 SF
    • 0.90 lot acres
    Off-Market
    Last Sale Jan 21, 2025
    $2,400,000
    Property ID
    US63-1242180
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Investment properties

    Property Details for 432 Main St

    Year built
    1935
    Lot size
    0.90 lot acres
    Zone code
    C-2
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    131300 6162-78-214011-0000
    APU
    9223372036854775807

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Apr 21, 2025 $2,400,000 432 Tropical Realty INC Eun Jung LLC Deed $3M · New Millennium Bank
    Nov 15, 2018 — Eun Jung LLC — Deed · related $40k · Noah Bank
    Feb 11, 2013 $560,000 Eun Jung LLC Fourtunis,harry J Grant Deed $500k · Noah Bank
    — — Eun Jung LLC — Loan Modification · related $600k · Noah Bk
    — — Eun Jung LLC — Deed Of Trust · related $200k · Noah Bank

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9223
    Latitude
    41.7013
    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
    $113,300
    $546,500
    $659,800
    -
    $113,300
    $546,500
    $659,800

    Comparable in this City

    • Value Estimation
      $705,000
      5,910 SF

      558 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      558 Main St, Poughkeepsie, NY 12601-3845
      View Details
    • Value Estimation
      $590,000
      9,947 SF

      2 Delafield St

      OFFICE/RESIDENTIAL (MIXED USE)
      2 Delafield St, Poughkeepsie, NY 12601-1777
      View Details
    • Value Estimation
      $840,000
      8,014 SF

      704-706 Main St

      OFFICE/RESIDENTIAL (MIXED USE)
      704-706 Main St, Poughkeepsie, NY 12601
      View Details
    • Value Estimation
      $660,000
      5,790 SF

      27 Gdn St

      OFFICE/RESIDENTIAL (MIXED USE)
      27 Gdn St, Poughkeepsie, NY 12601-3105
      View Details
    • Value Estimation by Request
      7,426 SF

      457 Violet Ave

      OFFICE/RESIDENTIAL (MIXED USE)
      457 Violet Ave, Poughkeepsie, NY 12601-1033
      View Details
    • Value Estimation by Request
      3,600 SF

      31 White St

      OFFICE/RESIDENTIAL (MIXED USE)
      31 White St, Poughkeepsie, NY 12601-3819
      View Details

    Similar Nearby for Sale

    • $799,999

      Mixed-Use Building with Rented Units

      Over 9,000 sq ft mixed-use building with residential and commercial units.
      458-460 Main St, Poughkeepsie, NY 12601
      View Details
    • $799,999

      Mixed-Use Building with High Cap

      Turnkey mixed-use building with residential and commercial units for sale.
      458-460 Main St, Poughkeepsie, NY 12601
      View Details
    • $795,000

      Restored Mixed-Use Building in Poughkeepsie

      Restored 4-story mixed-use building with storefront and apartments.
      330 Main St, Poughkeepsie, NY 12601
      View Details
    • $795,000
      1,900 SF

      Restored Mixed-Use Poughkeepsie Rowhouse

      Restored mixed-use building with commercial space and apartments in Poughkeepsie.
      328 Main St, Poughkeepsie, NY 12601
      View Details

    Similar Nearby for Lease

    • $26 SF/Yr
      4,275 SF

      Poughkeepsie Medical Office Suite

      Prime Medical Office Space, Poughkeepsie
      27 Fox St, Poughkeepsie, NY 12601
      View Details
    • $300 /Mo

      Poughkeepsie Commercial Space For Rent

      100 SF commercial space in high-traffic Poughkeepsie location.
      53 Market St, Poughkeepsie, NY 12601
      View Details
    • $5,200 /Mo

      Poughkeepsie Professional/Medical Building For Lease

      Class A renovated building near Metro-North Station, suitable for various uses.
      56 Main St, Poughkeepsie, NY 12601
      View Details
    • $1,500 /Mo

      Ground-Floor Office/Retail Space Available

      Open floorplan office/retail space with private entrance and restroom.
      63 Cannon St, Poughkeepsie, NY 12601
      View Details

    Property Visit Statistics

    • Visits by month
      968
    • Visitors by month
      793
    • Avg Time on site
      30 min
    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.
    432 Main St
    Poughkeepsie, NY 12601-3312
    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

    Thank You for Inquiry
    432 Main St, Poughkeepsie, NY, 12601
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!