Office Rental Market
- $24.11 2019 Avg. Asking Rent
- 17.54 % 2019 Avg. Vacancy Rate
- 0 2019 Office Completions (Sqft)
- 0 2020 Estimated Pipeline (Sqft)
Average Office Asking Rents by Class
2019 Average Office Rent per Square Foot
- Poughkeepsie Class A Office Buildings$23.14
- Poughkeepsie Class B Office Buildings$24.21
- Poughkeepsie Class C Office Buildings$21.88
- NY Class A Office Buildings$71.98
- NY Class B Office Buildings$36.81
- NY Class C Office Buildings$24.83
Poughkeepsie, NY Office Asking Rents by Class
Office asking rents vary across the Poughkeepsie office market depending on several factors, one of which is property class. While rents for Class A office buildings in Poughkeepsie averaged $23.14 per square foot in 2019, Class B office properties garnered average rental rates of $24.21 per square foot. Rental rates for Class C office property in Poughkeepsie averaged $21.88 per square foot. On a statewide level, Class B office space rents averaged $36.81 per square foot, while rents for Class A office space across New York averaged $71.98 per square foot. On average, Class C office properties in New York commanded rents of $24.83 per square foot.
OFFICE CONSTRUCTION IN Poughkeepsie, NY
- Poughkeepsie, NY Total Sqft completed in 2019 0
- Poughkeepsie, NY Total Sqft under construction in 2020 0
Building name | Address | Total Sqft | Year built |
---|---|---|---|
Family Partnership Health Center | 29 North Hamilton Street, 12601 | 108,404 | 1997 |
Poughkeepsie Journal Building | 85 Civic Center Plaza, 12601 | 107,082 | 1941 |
1 Civic Center Plaza | 1 Civic Center Plaza, 12601 | 100,000 | 1953 |
Vassar Brothers Ambulatory Surgery Center | 21 Reade Place, 12601 | 93,989 | 2012 |
Westage Medical Building | 1 Columbia Street, 12601 | 60,000 | 1998 |
30 Columbia Street | 30 Columbia Street, 12601 | 58,000 | 2010 |
21 Fox Street | 21 Fox Street, 12601 | 47,872 | 1994 |
201 & 205 South Avenue | 201 South Avenue, 12601 | 47,000 | 1960 |
375 Main Street | 375 Main Street, 12601 | 44,708 | 1840 |
Marshall & Sterling Corporate Headquarters | 110 Main Street, 12601 | 35,900 | 1989 |
Office building | Address | Sqft | Completed |
---|---|---|---|
Vassar Brothers Ambulatory Surgery Center | 21 Reade Place, 12601 | 93,989 | 2012 |
30 Columbia Street | 30 Columbia Street, 12601 | 58,000 | 2010 |
253 Mansion Street | 253 Mansion Street, 12601 | 30,823 | 2007 |
Westage Medical Building | 1 Columbia Street, 12601 | 60,000 | 1998 |
Family Partnership Health Center | 29 North Hamilton Street, 12601 | 108,404 | 1997 |
21 Fox Street | 21 Fox Street, 12601 | 47,872 | 1994 |
4 Jefferson Plaza | 4 Jefferson Plaza, 12601 | 30,000 | 1991 |
Marshall & Sterling Corporate Headquarters | 110 Main Street, 12601 | 35,900 | 1989 |
2 Jefferson Plaza | 2 Jefferson Plaza, 12601 | 30,000 | 1984 |
235 Main Street | 235 Main Street, 12601 | 30,000 | 1976 |
Office Spaces for Rent in New York
See trends for nearby markets
The Poughkeepsie office market contains an inventory of 2,005,925 square feet of office space, in 42 buildings that are equal to or larger than 25,000 square feet.
This market trends report is based on analysis of city-level data. Averages were calculated based on values dated January 1st 2019 through December 31st 2019. Construction pipeline data shown is valid as of April 2020. The information on this page was compiled using data provided by our sister company, CommercialEdge – a market intelligence solution which offers comprehensive knowledge on all Poughkeepsie commercial properties sized 25,000 square feet or larger.
While every effort was made to ensure the accuracy of the data presented in this report, the information is provided “as is” and neither CommercialCafe nor CommercialEdge can guarantee that the information provided is complete.