208-210 Main Street — Sale in Poughkeepsie, NY

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Poughkeepsie, NY 12601

Photos

208-210 Main Street — Sale in Poughkeepsie, NY, photo 1 of 2
208-210 Main Street — Sale in Poughkeepsie, NY, photo 2 of 2

Investment Figures

Cap rate
6.30%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present for sale 208-210 Main Street, a 49-unit elevator apartment building located in the heart of the City of Poughkeepsie.The 35,000-square-foot property is comprised of 41 one-bedroom and 8 two-bedroom apartments and is currently 97% occupied. The property offers a compelling opportunity to acquire a well-located, 100%free-market asset with in-place rents averaging $1,379 per month compared to estimated market rents of$1,524, providing a clear path for continued rental growth. Investment Highlights: • 208-210 Main Street is a 49-unit elevator apartment asset in the heart of the City of Poughkeepsie. • 4 Story Elevator Building | 97% Occupancy | 41 One-Bedroom & 8 Two-Bedroom Unit Mix • The property is within walking distance of the Poughkeepsie Metro-North and Amtrak Station, providing direct rail service to New York City, Albany, and other major Northeast destinations.

Market Context

This multifamily in Poughkeepsie, NY is listed for sale. It is offered at an approximate 6.3% capitalization rate, a key benchmark for income-producing multifamily assets. Compare it against other multifamily listings for sale in Poughkeepsie, NY — view the full market.

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