40 Cannon Street – Poughkeepsie, NY 12601

  • Turn-Key Property with Luxury Finishes and Market Rents – Currently 98% Occupied
  • Opportunity to Raise Rents with no CapEx in this Growing Rental Market
  • Average Rents in the City of Poughkeepsie have Increased Approximately 30% Since 2018
  • Accelerated Migration from NYC Residents in Wake of COVID
  • Per Bloomberg, the City of Poughkeepsie is the 8th Most Popular Relocation Destination in the US
  • Located Less than One Mile to Metro-North Train Station
  • Walking Distance to Many City Attractions, Restaurants, Shops and the Walkway Over the Hudson
  • Major Employers Nearby Including Marist College, Vassar College, Vassar Brothers Medical Center & IBM
  • Easy Highway Connectivity with Immediate Access to US-9