This past January, 795-811 Main Street in Poughkeepsie, NY was purchased by Herb Redl Properties (HRP), opening up potential new development in the Arlington District of Poughkeepsie. The property encompasses 2.6 acres in the Town of Poughkeepsie and includes six buildings.
The Main Street property is prime real estate for redevelopment and Herb Redl Properties welcomes banks, restaurants, bakeries, offices, auto sales, auto repair, laundromats, and national brands to inquire more. HRP is actively seeking the redevelopment of the property and is eager to move forward.
The Arlington District has recently been part of an epicenter of new development in the area including other projects such as planet wings, popeyes, multistory apartment building, and an expansive development project encompassing the Arthur May School property located on Raymond Ave, hundreds of feet away from the 797-811 portfolio purchased. The Arthur May project calls for 187 apartments. While Vassar College just down the road has plans to build a hotel along Raymond avenue across from its main campus.
Herb Redl Properties is actively seeking to sell four buildings that are part of the portfolio and retaining ownership of two buildings located on the corner of Main Street and Raymond Ave, a lighted intersection. The four buildings include six residential units and four commercial units. Highlights of the property include high road exposure, parking in the back, parking along the street, Arlington School District, and an active Arlington District Improvement project Here.