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347 Main Street Poughkeepsie, NY $ 4,500,000
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$ 4,500,000 Get more info
347 Main Street
$ 4,500,000
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347 Main Street

Poughkeepsie, NY, 12601
$ 4,500,000
Bedrooms-- Baths-- Sq 33,711

Monthly Estimate*

$ 28,074

347 Main Street, Poughkeepsie, NY 12601 - Image 1
347 Main Street, Poughkeepsie, NY 12601 - Image 2
347 Main Street, Poughkeepsie, NY 12601 - Image 3
347 Main Street, Poughkeepsie, NY 12601 - Image 4
347 Main Street, Poughkeepsie, NY 12601 - Image 5
347 Main Street, Poughkeepsie, NY 12601 - Image 6
347 Main Street, Poughkeepsie, NY 12601 - Image 7
347 Main Street, Poughkeepsie, NY 12601 - Image 8
347 Main Street, Poughkeepsie, NY 12601 - Image 9
347 Main Street, Poughkeepsie, NY 12601 - Image 10

Commercial Property for sale in Poughkeepsie, NY

for $4,500,000. This 33,711 square foot building was built in 1860 on a lot size of 1.17.

347 Main Street, Poughkeepsie is a multi-tenant retail/office 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 7 stories. PRO FORMA NOI NEARLY $500,000 BUILD 60-80 APARTMENTS OVER PARKING LOT AS-OF-RIGHT UP TO 100 APARTMENTS WITH AFFORDABLE HOUSING COMPONENT

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Commercial Active

Price

$ 4,500,000

Property Type

Commercial

Taxes

$ 113,888

Style

Office

Lot Size

1.17

Year Built

1860

Town/City

Poughkeepsie

County/Region

Dutchess

MLS | Web ID

912474
Features
General
Sewer Public Sewer
Heating Forced Air Natural Gas
Cooling Central Air
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Trash Collection Private Water Connected
Zoning Innovation District
Construction Materials Brick
Year Built 1860
Property Subtype Office
Tax Year 2025
Business Type Professional/Office
County Dutchess County
Property Type Commercial Sale
City Poughkeepsie
Property Attached Y/N N
Tax Annual Amount 113888
Showing Instructions First showing vacant spaces and basement upon proof of funds. Second showing court tenant space with purchase offer.
Building Area Units Square Feet
Standard Status Active
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Interior
Basement Finished Full
Total Stories 2
Basement Features Finished Full
Basement (Y/N) Y
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Exterior
Parking Features Parking Lot Private Parking Lot Private
Water Source Public
Total Parking 80
Parking Spaces 80
Building Area Total 33711
Waterfront Y/N N
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Internal Only
Street Number 1 347
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* Excluded Features
List By
Don Minichino

Listing Agent

Kw Midhudson

Broker

dminichino@kwcommercial.com

Email

Affordability Calculator

$37,565
Per Month
75%
25%
0%
Monthly Principal & Interest
$28,074
Monthly Property Taxes
$9,491
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4101131 Elementary School
4101327 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
12/1/2025$4,500,000 -6.25% Price Down
9/13/2025$4,800,000 Listed Price

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347 Main Street, Poughkeepsie, NY, 12601 is a Commercial Property for sale at $4,500,000 with 33,711 sqft and a lot size of 1.17. 347 Main Street was built in 1860. The property's zip code is 12601 which is in Poughkeepsie, NY

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