Share This Listing

Message

930 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Fully occupied multi-tenant industrial complex located in industrial zone
  • Current cap rate 9.32% w/ 10% projected in 3 years
  • Many recent upgrades, no deferred maintenance

Executive Summary

Multi-tenant industrial investment opportunity in the City of Poughkeepsie. Above average cap rate with no deferred maintenance.
***NOW 100% OCCUPIED WITH 10% CAP RATE PROJECTED IN 3 YEARS

Property Facts

Price $1,400,000
Price Per SF $109.10
Sale Type Investment
Cap Rate 9.32%
Property Type Industrial
Property Subtype
Warehouse
  • Flex Light Manufacturing
  • Flex Showroom
  • FlexLight Distribution
Building Class B
Lot Size 0.94 AC
Rentable Building Area 12,832 SF
No. Stories 1
Year Built/Renovated 1960/2024
Parking Ratio 2.7/1,000 SF
No. Drive In / Grade-Level Doors 11
Zoning C-3 - Commercial/Industrial

Major Tenants Click Here to Access

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Construction
  • -
  • -
  • Lorem Ipsum
  • Jan 0000

Paul Davis Restoration began in 1966 when Paul Davis created a network of restoration specialists. The company offers emergency services for water, fire, and mold damage. They handle reconstruction projects requiring specialized training. Services cover residential, commercial, and industrial properties. Paul Davis provides 24/7 emergency response and supports clients through insurance claims. The franchise model has expanded their national presence.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Construction - - Lorem Ipsum Jan 0000
Moderately walkable
60/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Number
131300-6162-72-450202-0000
Land Assessment
$104,500
Improvements Assessment
$660,000
Total Assessment
$764,500
  • Listing ID: 36650235

  • Date on Market: 7/8/2025

  • Last Updated:

  • Address: 188 Cottage St, Poughkeepsie, NY 12601

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}