347 Main Street, Poughkeepsie, NY 12601
- $5,250,000
- List Price
- $5,250,000
- Price Change
- ▼ $850,000 1783553129
- Days on Market
- 126
- MLS#
- 976196
- Status
- ACTIVE
- Property Type
- Office
- Year Built
- 1860
- Property Tax
- $113,888
- Neighborhood
- Poughkeepsie
Property Description
347 Main Street, Poughkeepsie is a multi-tenant office/medical asset on 1.17ac with leasing and development upside in a growing Central Business District. The subject property includes one of three federal bankruptcy courthouses in the Southern District of New York, guaranteed by the United States Government (S&P Credit Rating: AA+). The lease commenced in 2005 and was recently extended for an additional 10 years thru 2034. Though some of the 80+ surface lot parking spaces are dedicated to the court, a large majority of the lot could be developed into an apartment building or hotel with up to 6 stories over the parking lot.
Additional Information
- Parking
- Parking Lot, Private
- Stories
- 2
- Basement
- Finished, Full
- Heating
- Forced Air, Natural Gas
- Cooling
- Central Air
- Water
- Public
- Sewer
- Public Sewer
Mortgage Calculator
Listing courtesy of Listing Agent: Don Minichino (dminichino@kwcommercial.com) from Listing Office: KW MidHudson.
Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.