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    OFF-MARKET
    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
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    Blend (final) Blend
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    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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