Ryan Perkoski - RPR Ventures Acquires Mixed-Use Property On Main Street In Poughkeepsie For $20M

The mixed-use property located at 332 Main Street in Poughkeepsie, Hudson Valley has been sold in a closed transaction. The property, consisting of 141 apartments, 3 retail units, and 11 parking spaces, spans across 180,782 square feet. The sale price for this transaction was $20,000,000, resulting in a price per square foot of $110. The units were sold at an average price of $141,843 per unit.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $20,000,000
• Address: 332 Main Street
• Market: Poughkeepsie, Hudson Valley
• SF: 180,782
• PPSF: $110
• Units: 141 apartments, 3 retail, 11 parking
• PPU: $141,843

Ryan Perkoski from RPR Ventures represented the seller, Lucky Platt Equities, in this transaction.