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96 Main St
Poughkeepsie, NY 12601
The Derby · Multifamily Property For Sale
·
7 Units


Investment Highlights
- 4 Minutes to Poughkeepsie Train Station
- 7 Rental Units
- 5 Minutes to Hudson River
Executive Summary
The derby bar/restaurant property located at 96 main street, a landmark in the city of Poughkeepsie since 1902 according To the journal, is available for sale. Recently closed, new ownership can step in and continue the good fortune of Previous owners with the help of seven residential rental units on the second and third floors. The brick building Totals 8,064 square feet on three floors. Bar/restaurant on the first floor consist of 3,328 square feet with an Additional 2,368 square feet in the basement with interior stairwell access. Front door access from main street, kitchen Access from south clover street and the 18 car parking lot. Large 36 foot bar with high-top tables and 24 bar stools. Three dining rooms with 16 four-top tables and 5 two-top tables. Second and third floors consist of seven one-bedroom Apartments units totaling 4,736 square feet with separate access from main street. Being less than .2 miles from Poughkeepsie train station keeps the apartments units fully rented.
Property Facts
| Sale Type | Investment | Lot Size | 0.07 AC |
| No. Units | 7 | Building Size | 8,064 SF |
| Property Type | Multifamily | No. Stories | 4 |
| Property Subtype | Apartment | Year Built | 1902 |
| Apartment Style | Mid-Rise | Parking Ratio | 3.1/1,000 SF |
| Building Class | C | Opportunity Zone |
Yes
|
| Zoning | C-2A | ||
| Sale Type | Investment |
| No. Units | 7 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.07 AC |
| Building Size | 8,064 SF |
| No. Stories | 4 |
| Year Built | 1902 |
| Parking Ratio | 3.1/1,000 SF |
| Opportunity Zone |
Yes |
| Zoning | C-2A |
Property Taxes
| Parcel Numbers | Improvements Assessment | $999,100 | |
| Land Assessment | $104,000 | Total Assessment | $1,103,100 |
Property Taxes
Parcel Numbers
Land Assessment
$104,000
Improvements Assessment
$999,100
Total Assessment
$1,103,100
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