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Property profile & analytics
OFF-MARKET Estimated value $165,000
Specialty properties

6 Davies Pl Poughkeepsie, NY 12601-2206

1,276 SF 0.03 ac lot Built 1951
Individually Owned 10-yr Hold Free & Clear
Property ID
US63-1968732
Property summary
AI-generated overview

This exceptional 1,276 square foot property at 6 Davies Place in Poughkeepsie, NY presents a unique investment opportunity. Situated on a 0.03-acre lot in the heart of downtown, this three-story building enjoys unparalleled visibility and accessibility. Its strategic location offers immediate proximity to the train station, the waterfront, and Route 9, providing convenient access to major transportation arteries and the Mid-Hudson Bridge. The high volume of foot traffic in this vibrant area ensures significant potential for a variety of commercial ventures. The existing structure presents a solid foundation for a substantial redevelopment project, with possibilities including retail spaces and residential apartments. This property's central location within the Hudson Valley guarantees strong visibility and a diverse customer base. The building's current configuration as a social club provides a flexible starting point for various development plans. This property is also available for sale as a package with 85 Main Street, offering an even more extensive investment opportunity. The potential for expansion and the prime location make this a truly exceptional offering for discerning investors seeking a high-return property in a rapidly developing area. The property's existing infrastructure and its location near key transportation hubs make it an attractive proposition for both short-term and long-term investment strategies.

Property profile
Verified
Property type Specialty properties
Use group PROFESSIONAL CLUBS/ASSOCIATIONS
Year built 1951
Total area 1,276 SF
Lot 0.03 ac (1,307 SF)
Zoning code R-4
APN 131300 6062-75-833177-0000
UPID US63-1968732
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$165k
Owner & transaction history
Alberto Soricelli · 10 yrs held
Alberto Soricelli
since 2016
1 recorded transaction
2016
$22,000
Zoning & alternative use
R-4 · Poughkeepsie, NY
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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