303 Main Street

Poughkeepsie Central Business District, Poughkeepsie, NY 12601

$1,800,000
Commercial

AGENTS

Douglas Elliman
Douglas Elliman
Source of Data:
OneKey MLS

Property Description

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Fully-occupied 10-unit Historic Shwartz Department Store Building converted to mixed-use in 2001 and updated over time. Eight unique lofts with heating/AC systems over two retail spaces occupied by same restaurant tenant. Great rent roll with low expenses - Actual Cap Rate 8% with Pro Forma in 3yrs at 11%.
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PROPERTY DETAILS

  • Property Type
    Commercial
  • MONTHLY REAL ESTATE TAX
    $2,618
  • ANNUAL REAL ESTATE TAX
    $31,414
  • Year Built
    1875
  • MLS/Listing ID
    H6214061

BUILDING/PROPERTY DETAILS

  • Air Conditioning
  • Brick
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Listing Courtesy of Houlihan Lawrence Commercial - 914-798-4900

Information Copyright 2021, OneKey™ MLS. All Rights Reserved.

LOCATION

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TRAVEL TIMEFROMPoughkeepsie Central Business District
TYPE OF TRANSPORTATION