Poughkeepsie NY Real Estate & Commercial for Sale

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Beds:
n/a
Baths:
Sq.Ft.:
14,744
Status:
NEW LISTING
MLS#:
945229
Type:
Other
Lot size:
0.08 Acres
Year built:
1900
A broker reciprocity listing Courtesy: RE/MAX Town & Country 845-765-6128
View additional info

ADDITIONAL INFORMATION

Property Overview: Mixed-Use Building in Poughkeepsie Prime Location: Main Street, Heart of city of Poughkeepsie's Downtown Business District, a block to Civic Center, Hotel, Bardavon, Restaurants and Bars. Total Size: Approximately 15,000 sq. ft. Building Features: - 5 Levels of Rental Space: Offering a diverse mix of commercial and residential units. - Main Street Entrance: Convenient access for businesses and customers. - Rear Exit: Leads to shared public parking, enhancing accessibility. Parking: Public parking lot shared with local bars, restaurants, office spaces. Commercial Units: 1. Bar/Cafe/Restaurant: 5,000 sq. ft. split across two levels (2,500 sq. ft. each). 2. Office/Shop: 800 sq. ft. with Roof-top access, possible residential conversion. Residential Units: - 3 separate units consisting of: - Studio - 1-Bedroom Apartment - 3-Bedroom Apartment Additional Information: - Restaurant/Bar; under New Management; in preparation to open. - All units occupied. Advance notice is required for tenant showings (48 hours). - Interested buyers are required to provide proof of funds to schedule a tour of the property. - Appointments must be arranged through ShowingTime, must be accompanied. - Please call for more information or to schedule a visit. This property represents a unique opportunity for investors seeking a mixed-use building in a lively urban area with strong foot traffic and nearby amenities.

Beds:
n/a
Baths:
Sq.Ft.:
1,664
Status:
Active
MLS#:
933168
Type:
Mixed Use
Lot size:
0.34 Acres
Year built:
1946
A broker reciprocity listing Courtesy: Howard Hanna Rand Realty 845-621-8300
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ADDITIONAL INFORMATION

Prime Investment Opportunity! Commercial Space + Income-Producing Home on High-Traffic Route 9G ?? LOCATION, LOCATION, LOCATION! This is a rare chance to acquire a powerful asset combining immediate commercial income and a valuable residential rental unit, all situated directly on a major state route in a rapidly expanding area.

Beds:
n/a
Baths:
Sq.Ft.:
4,750
Status:
Active
MLS#:
930736
Type:
Mixed Use
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: Clarke Realty & Associates LLC 845-207-8078
View additional info

ADDITIONAL INFORMATION

Prime Main Street redevelopment opportunity in the heart of Downtown Poughkeepsie! 380 Main Street is a one-story, 4,750 SF retail building currently configured as three vacant storefronts with basement space, set on a 0.11 acre, 50'×100' lot on the south side of Main St. The parcel sits within the City’s newly adopted Poughkeepsie Innovation District PID-A on the updated zoning map (formerly mapped C-2) which is intended to foster mixed-use, pedestrian-oriented infill downtown. Under the PID framework, ground-floor commercial with upper-story multifamily is an as-of-right pattern. Base height limits in the Innovation District range from 5 to 6 stories depending on sub-district, with additional “bonus” stories available for projects that include affordable housing and certain green-building certifications (up to 1+ stories), subject to Planning Board review and dimensional standards (upper-story setbacks, transparency, frontage types, etc.). This address sits amid a wave of downtown investment: the Wallace Campus on Main Street is advancing 187 new affordable apartments through a combination of renovation and new construction. The City has also publicized a six-story, 120-unit mixed-income proposal at 309–316 Main St. Nearby mixed-use anchors like The Academy (food hall + 28 apartments) and artist housing at Queen City Lofts on Main further underscore demand for city living and activated ground floor space. Main Street corridor upgrades (including recent paving between Clinton and White) and the City’s 2024 zoning overhaul signal sustained public commitment to downtown revitalization. Bring your mixed-use vision, restaurant/retail/service/artisan uses at grade with 5 floors of apartments above fits the code’s intent, then leverage the PID’s streamlined standards to add much-needed housing steps from transit, government offices, and the riverfront, all while benefitting from Opportunity Zone census tract status for potential tax advantages (buyer to verify).

Beds:
n/a
Baths:
Sq.Ft.:
2,956
Status:
Active
MLS#:
925027
Type:
Other
Lot size:
0.27 Acres
A broker reciprocity listing Courtesy: K. Fortuna Realty, Inc. 845-632-3492
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ADDITIONAL INFORMATION

Prime Commercial Property for Sale – Building, Liquor Store & Deli/Convenience Store on High-Traffic Main Road! Incredible opportunity to own a fully operational and income-generating commercial property on one of the busiest main roads in the area! This versatile offering includes: Freestanding Commercial Building Established Liquor Store Fully Stocked Deli/Convenience Store Strategically located with excellent visibility and high daily traffic counts, this property benefits from strong vehicle traffic, making it a turn-key investment with immediate cash flow potential. Property Highlights: Prominent street frontage on a bustling commercial corridor Ample parking for customers Turn-key operations with all equipment and fixtures included Long-standing customer base and strong community presence Separate entrances for each business – ideal for owner-operator or investor Owner financing available Whether you're looking to expand your business portfolio or step into a thriving operation, this rare opportunity checks all the boxes. Surrounded by residential neighborhoods and other businesses, the location ensures consistent traffic and continued growth. Don’t miss your chance to own this high-exposure property with multiple income streams! Serious inquiries only. Financials available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
11,400
Status:
Active
MLS#:
924865
Type:
Other
Lot size:
0.12 Acres
Year built:
1925
A broker reciprocity listing Courtesy: KW MidHudson 914-962-0007
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ADDITIONAL INFORMATION

328-330 Main Street Poughkeepsie is a 2-building portfolio of twin 4-story mixed-use buildings located in Downtown Poughkeepsie, N.Y. The site was beautifully rebuilt in the early 2000s, with exterior facade restoration to its original look and interior restoration of hardwood floors with modern amenities like central heating/AC, video security system and kitchen appliances. Each building features a 1,900SF ground-floor commercial space with basement access and three apartments (one per upper floor), and each unit is inspected annually and updated as needed. Buildings could be sold separately.

Beds:
n/a
Baths:
Sq.Ft.:
1,100
Status:
Active
MLS#:
922646
Type:
Retail
Lot size:
0.08 Acres
Year built:
1960
A broker reciprocity listing Courtesy: KW MidHudson 914-962-0007
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ADDITIONAL INFORMATION

AMAZING OWNER OCCUPIER OPPORTUNITY! 300 Hooker Avenue in the Town of Poughkeepsie is a retail storefront/restaurant building located near Vassar College that has been gutted and partially updated for the new owners to put their finishing touches on. The site features municipal water, sewer, natural gas and heavy power, given its past life as a successful pizzeria for many years! Several pieces of restaurant equipment could also be available for purchase, including a pizza oven, commercial hood, lowboy coolers, and storage racks (everything you see in pictures). SELLER FINANCING AVAILABLE!

Beds:
n/a
Baths:
Sq.Ft.:
5,240
Status:
Active
MLS#:
916252
Type:
Business Opportunities
Lot size:
0.31 Acres
A broker reciprocity listing Courtesy: BHHS Hudson Valley Properties 845-473-1650
View additional info

ADDITIONAL INFORMATION

Centrally located warehouse with three large bays, workshop & two story office space. 21' ceiling with three overhead doors and five lifts for a turnkey operation. Office space includes first floor waiting room, two offices & restroom plus second floor office and restroom. Block structure with municipal water/sewer & natural gas. Arlington Town Center zoning conducive to a multitude of uses. Easy access to Route 55, Route 44 & Taconic State Parkway. An exceptional opportunity for use in the current configuration or redevelopment.

Beds:
n/a
Baths:
Sq.Ft.:
33,711
Status:
Active
MLS#:
912474
Type:
Office
Lot size:
1.17 Acres
Year built:
1860
A broker reciprocity listing Courtesy: KW MidHudson 914-962-0007
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ADDITIONAL INFORMATION

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

Beds:
n/a
Baths:
Sq.Ft.:
1,350
Status:
Active
MLS#:
898364
Type:
Mixed Use
Lot size:
0.09 Acres
Year built:
1920
A broker reciprocity listing Courtesy: BHHS Hudson Valley Properties 845-473-1650
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ADDITIONAL INFORMATION

Rare redevelopment opportunity in newly established Campus Development zoning district, providing areas for educational, research and development and health care uses. Corner lot situated adjacent to Route 9 exit ramp for easy access to and from Route 9. Exceptional location with neighboring properties consisting of Vassar Hospital and Optum Medical. Permitted uses include medical, office, studio for performing arts, single family, multi-family or townhouses. Don't miss this opportunity in the thriving City of Poughkeepsie market. Cash offers only.

Beds:
n/a
Baths:
Sq.Ft.:
6,729
Status:
Active
MLS#:
894111
Type:
Other
Lot size:
0.52 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Coldwell Banker Realty 914-232-7000
View additional info

ADDITIONAL INFORMATION

Prime Business Opportunity in Poughkeepsie Discover an exceptional turn-key business opportunity located in the bustling heart of Dutchess County, specifically on Main Street in Poughkeepsie. This area is currently experiencing significant industrial growth and new developments in the Hudson Valley. The property features a robust brick building equipped with brand new wheelchair ramp, an inviting office, reception area, and three half baths. It includes a dedicated restoration room, a separate spray paint booth, and an expansive upstairs attic that offers vast potential for various uses. Additionally, this facility is furnished with top-of-the-line equipment, including a Spies Hecker computerized paint mixing system, a double-ended downdraft bake oven spray booth, a Cellette frame machine with a center lift, and a car alignment frame machine featuring two power-pulling posts capable of handling 9,200 lbs. Situated in a convenient location with high visibility along Main Street, the property is also gate-protected and close to essential landmarks such as the Poughkeepsie Bridge and Vassar Hospital. Don’t miss out on the chance to own a business in this rapidly developing area!

Beds:
n/a
Baths:
Sq.Ft.:
12,832
Status:
Active
MLS#:
886910
Type:
Industrial
Lot size:
0.94 Acres
A broker reciprocity listing Courtesy: KW MidHudson 914-962-0007
View additional info

ADDITIONAL INFORMATION

Located in the heart of Poughkeepsie’s industrial and commercial zone (C-3), 188 Cottage Street presents a unique opportunity for investors or owner-users. This ±12,832 SF building sits on nearly an acre of land and offers flexible space ideal for office, light industrial, storage, or conversion to other income-producing uses. The property currently is 100% included two by the owner with a strong rental history and tenant mix. The layout and zoning offer potential to reconfigure or optimize usage based on need. With ample lot space and approximately 141 ft of frontage, the site also provides easy access for deliveries, employee parking, or outdoor operations.

Beds:
n/a
Baths:
Sq.Ft.:
9,000
Status:
Active
MLS#:
884922
Type:
Office
Lot size:
0.13 Acres
A broker reciprocity listing Courtesy: Serhant LLC 646-480-7665
View additional info

ADDITIONAL INFORMATION

Welcome to 214 Main Street, a 9,000 square foot office building located in the heart of downtown Poughkeepsie, just one block from the Business Improvement District and within a federally designated Opportunity Zone—making it an ideal opportunity for both investors and end-users. This well-maintained property offers a flexible and professional layout, featuring 10 private offices, two spacious conference rooms, and restrooms on each floor to accommodate a wide range of business needs. The building also includes multiple storage rooms throughout, a large cellar-level recreation room, and a private rear courtyard, perfect for employee breaks or outdoor meetings. An added bonus is the off-street parking for 15 vehicles, located on the included adjacent parcel at 211 Union Street—a rare and valuable amenity in this area. With its central location, strong functionality, and proximity to shops, restaurants, public transportation, and government offices, this property is perfectly positioned for professional services, nonprofits, educational institutions, or creative firms looking to establish a long-term presence in one of Poughkeepsie’s most strategic and revitalized commercial corridors. Whether you're an owner-occupant or an investor seeking to capitalize on the tax benefits of the Opportunity Zone program, 214 Main Street offers exceptional potential in a rapidly revitalizing area.

Beds:
n/a
Baths:
Sq.Ft.:
5,763
Status:
Active
MLS#:
883669
Type:
Other
Lot size:
0.21 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Serhant LLC 646-480-7665
View additional info

ADDITIONAL INFORMATION

Turnkey investment opportunity delivering an 8.7% cap rate in Poughkeepsie’s Campus Development (CD) District. This well-maintained 5-unit mixed-use building features (3) 1-bedroom apartments, (1) 2-bedroom apartment, and 1 commercial space, just one block from Vassar Brothers Medical Center. The sale also includes a separately deeded 0.11-acre parking lot on Franklin Street, providing added convenience and long-term value for tenants. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with room for future upside. Financials available upon request—an ideal opportunity for investors seeking a stable, income-producing asset in a prime growth corridor.

Beds:
n/a
Baths:
Sq.Ft.:
16,926
Status:
Active
MLS#:
882423
Type:
Mixed Use
Lot size:
0.64 Acres
Year built:
1920
A broker reciprocity listing Courtesy: KW MidHudson 914-962-0007
View additional info

ADDITIONAL INFORMATION

Proud to present to the Historic Trolley Barn! This piece of Poughkeepsie history has been partially renovated to an event space with second floor mezzanine in the storefront area, an office/apartment on the second floor, and rear high-ceiling space with skylights just waiting for a new vision. A complete facade restoration was completed in 2018, giving a fresh historic look to the building, along with numerous utilities and structural upgrades. Zoning is flexible and allows a variety of retail, office, medical, hospitality and multi-family options Recent appraisal very close to asking price; owner looking for as-is sale with minimal contingencies.

Beds:
n/a
Baths:
Sq.Ft.:
13,645
Status:
Active
MLS#:
878813
Type:
Industrial
Lot size:
1.5 Acres
A broker reciprocity listing Courtesy: McGrath Realty Inc 845-896-5444
View additional info

ADDITIONAL INFORMATION

This 13,645 sq.ft. steel building on 1.5 acres offers versatile industrial space with approximately 2,000 sq.ft. of office area, column-free warehousing, loading dock, and overhead door. Built in 1970, the fully climate-controlled and sprinklered property includes 25+ parking spaces and municipal utilities (sewer/water/gas). Notably, it features previously approved plans for a ~15,000 SF expansion with some site work completed. Situated in the IM zone, it permits a wide array of uses, including retail, manufacturing, cannabis operations, distribution, and more. This site also allows for a trucking terminal and self-storage facility

Beds:
n/a
Baths:
Sq.Ft.:
4,560
Status:
Active
MLS#:
871968
Type:
Business Opportunities
Lot size:
0.51 Acres
Year built:
1950
A broker reciprocity listing Courtesy: Serhant LLC 646-480-7665
View additional info

ADDITIONAL INFORMATION

An incredible opportunity awaits with this well-equipped commercial property, formerly operated as a successful used auto dealership. Ideally situated in a high-traffic area, this versatile space offers a prime setup for a wide range of business uses and strong income potential. The property features a spacious warehouse that can accommodate everything from vehicle storage and repairs to logistics and inventory operations. Inside, there are three private offices perfectly suited for administrative work, sales, or client meetings, along with a large basement that provides extensive additional storage or workspace. Outside, a fully fenced parking lot offers security and ample room for vehicle inventory, customer parking, or fleet storage. This turnkey setup is ready for immediate use as an auto dealership or can easily be adapted for a contractor, distributor, rental operation, or light industrial business. With excellent visibility, functional infrastructure, and multiple income opportunities, this property is ideal for investors or owner-operators alike. Zoned for commercial use and located in a strategic, accessible location, it combines flexibility, value, and long-term potential. Don’t miss your chance to secure this outstanding commercial asset—schedule your private tour today.

Beds:
n/a
Baths:
Sq.Ft.:
2,200
Status:
Active
MLS#:
864506
Type:
Other
Lot size:
0.12 Acres
Year built:
1900
A broker reciprocity listing Courtesy: BHHS Hudson Valley Properties 845-473-1650
View additional info

ADDITIONAL INFORMATION

Rare opportunity to acquire this legal rooming house on the City of Poughkeepsie's desirable south side. Featuring seven rooms, shared kitchen & three full bathrooms. Natural gas for heating, hot water & cooking. Unfinished basement & walkup attic for abundant storage. Large covered front porch & huge backyard for outdoor enjoyment. Centrally located just minutes from hospitals, colleges, bus stop, Poughkeepsie train station and waterfront. An excellent investment opportunity in a thriving location. Cash offers only.

Beds:
n/a
Baths:
Sq.Ft.:
3,300
Status:
Active
MLS#:
863642
Type:
Business Opportunities
Lot size:
0.21 Acres
Year built:
1953
A broker reciprocity listing Courtesy: David L Russell Realty 845-561-7950
View additional info

ADDITIONAL INFORMATION

City of Poughkeepsie needs new housing with demand out-stripping supply. This is a great opportunity to convert from commercial to residential use in quiet neighborhood. Recently zoned for four (4) family residence. Building as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. "Cost of conversion" is cheaper and quicker than building new or gutting and repair of old buildings. This prosed use is a "as of right' use under new zoning designation: RNC. Standard site-plan review is required by the City. Building is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. Close to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train. Off-street parking. Will generate top rents upon completion of new units. Can also be used for "Day-Care" as of right.

Beds:
n/a
Baths:
Sq.Ft.:
7,224
Status:
Active
MLS#:
863637
Type:
Other
Lot size:
1.6 Acres
A broker reciprocity listing Courtesy: BHHS Hudson Valley Properties 845-896-9000
View additional info

ADDITIONAL INFORMATION

PRESENTLY THIS IS THE UNITARIAN UNIVERSALIST FELLOWSHIP OF POUGHKEEPSIE. ZONING USE IS 614 SPECIAL SCHOOL. ADDL USE COULD BE FOR DAY CARE AND ORGANIZATION HEADQUARTERS. THE BUILDING IS ON A LARGE 1.6 ACRE LOT IN THE HEART OF THE CITY POUGHKEEPSIE SOUTHSIDE. ROOMS INCLUDED: LARGE OCTAGON MEETING ROOM, MULTIPLE CLASS ROOMS, LOBBY, COMMUNITY ROOM, MINISTERS AND SECRETARY OFFICES, NURSERY, TWO KITCHENS, STORAGE. WALKUP ATTIC FOR ADDITIONAL FUTURE ROOMS WOULD ADD TO THE APPROXIMATELY 7400 SQ. FT. THAT THIS BUILDING PRESENTLY HAS. ATTIC PRESENTLY HAS WITH MULTIPLE STORAGE ROOMS. THIS HOME WAS BUILT IN 1927 AS A SINGLE FAMILY HOME AND OVER THE YEARS HAS BEEN ADDED ON TO AND LATER BECAME THE UNIFICATION FELLOWSHIP. PRESENTLY PARKING IS FOR 35 CARS BUT POTENTIALLY COULD BE EXPANDED. LARGE DETACHED GARAGE. UPGRADED NATURAL GAS HOT WATER BOILERS WITH 6 HEAT ZONES, UPGRADED STEAM VALVES, UPGRADED GAS LINES FROM THE STREET. THIS WOULD BE A WONDERFUL PRIVATE SCHOOL IN CITY OF POUGHKEEPSIE AND SURROUNDING AREA.

Beds:
n/a
Baths:
Sq.Ft.:
8,632
Status:
Active
MLS#:
836843
Type:
Other
Lot size:
0.14 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Legacy Land & Homes LLC 845-206-9462
View additional info

ADDITIONAL INFORMATION

High-Yield 6-Unit Investment Property in the Town of Poughkeepsie. *1031 Exchange Buyers - ask about our 9 Door Package deal with this property. Unlock the potential of 761 Main Street, Poughkeepsie, NY 12603 a 6-unit rental property offering strong returns in a growing market. With a gross annual income of $116,364, this property currently operates at a 6.46% cap rate, with the ability to reach a 7.33% pro forma cap rate by bringing below-market rents in line with current market rates, one unit has already been adjusted. Each unit benefits from separate electric and gas meters, ensuring simplified management and efficient operations. Situated in a prime Main Street location, this property is within walking distance to local businesses, dining, and public transportation, making it a highly desirable rental opportunity. Investors will appreciate the strong cash flow and immediate value-add potential, making this an excellent option for those seeking both stability and upside in the Hudson Valley rental market. Schedule a private tour today and secure a high-performing investment property with significant growth potential!

Beds:
n/a
Baths:
Sq.Ft.:
1,296
Status:
Active
MLS#:
838490
Type:
Other
Lot size:
0.36 Acres
A broker reciprocity listing Courtesy: Kerala Realty, LLC 845-598-0002
View additional info

ADDITIONAL INFORMATION

Prime investment opportunity. Gas station with Real Estate in Poutghkeepsie NY. Gas station with convenience store, one car repair garage and used car sales lot with dealer license situated on high traffic**Violet Avenue (Route 9G)* in the heart of Poughkeepsie.**Property and multiple income streams included. New fiber tank replaced in 2018. Total monthly renatal income $ 12,000. **Rent frome gas station and convinence store $ 8500. Used car lot $ 3,500. Business is also available seperate for $ 250,000. **Monthly Grocery sales $ 80,000. Average monthly gas sales 35,000 gallon. other source of incomes are lotto, cigarette, Deli, ATM, Propane etc.Total average monthly gross sale 150k. All income is verifiable.

Beds:
n/a
Baths:
Sq.Ft.:
2,880
Status:
Active
MLS#:
828782
Type:
Other
Lot size:
0.22 Acres
Year built:
1900
A broker reciprocity listing Courtesy: Clarke Realty & Associates LLC 845-207-8078
View additional info

ADDITIONAL INFORMATION

Fully available 6 unit residential building with a rentable 2 bay Garage currently used a mechanic shop. All 6 units are vacant and ready to be rented. All units have separate utilities (gas & electric) Parking lot & driveway along with street parking. This building is ready for a new owner. Book your appointment today! More pictures and pro forma available upon request.

Beds:
n/a
Baths:
Sq.Ft.:
7,200
Status:
Active
MLS#:
811782
Type:
Business Opportunities
Lot size:
0.32 Acres
Year built:
1920
A broker reciprocity listing Courtesy: Clarke Realty & Associates LLC 845-207-8078
View additional info

ADDITIONAL INFORMATION

Introducing 113 N Clinton St. A Commercial Two-story Warehouse sitting on .18 acres with 3,100 square on each floor, totaling 7,200 usable square feet. The sale also includes adjoining .14 acre buildable parcel. The current use for the building is commercial, warehouse, retail, etc. but with the new zoning laws, each parcel exceeds the minimum requirements to build up to 4 residential units on each parcel, total 8 units. You have the option of keeping the warehouse and building a 4 unit residential unit next door or building 4 units on each parcel. There's so much opportunity here. Schedule your appointment today! Fyi the warehouse has 400 amp electrical service.

Beds:
n/a
Baths:
Sq.Ft.:
6,968
Status:
Active
MLS#:
H6333286
Type:
Other
Lot size:
0.07 Acres
A broker reciprocity listing Courtesy: Houlihan Lawrence Inc. 845-473-9770
View additional info

ADDITIONAL INFORMATION

This well-maintained mixed use property is fully available for sale with or without established storefront retail business, owned and operated by the Seller for 30+ years. Full Basement, Upgraded Plumbing and Electric, Newer Roof. Four Apartments, including Three One-Bedroom Units plus One Studio Unit - All are 30-day Notice, long-term, below market rents. Tenants pay individual electric and electric heat. Owner pays $300 quarterly Water and $300 quarterly Trash for whole building. Call Listing Agent, Norm Mackay, For Showings. Prefer 24-hour notice to organize tenants for access to apartments. Possible Owner Financing.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
H6323921
Type:
Other
Lot size:
0.11 Acres
A broker reciprocity listing Courtesy: K. Fortuna Realty, Inc. 845-632-3492
View additional info

ADDITIONAL INFORMATION

50 Academy Street, Poughkeepsie, NY 12601 Price: $2,900,000 4-Unit Apartment Building Redevelopment Opportunity Located in the heart of Poughkeepsie’s rapidly growing Innovation District, 50 Academy Street offers an exceptional mixed-use redevelopment opportunity. This 4-unit, 2-story, 2,800-square-foot apartment building sits on 1.11 acres across 11 parcels, making it one of the largest assemblages available in downtown Poughkeepsie. With its strategic location, flexible zoning, and strong demand for residential rentals, this property is ideal for developers seeking to capitalize on Poughkeepsie’s continued growth and revitalization. Zoning & Development Potential The property is zoned PID-B (Poughkeepsie Innovation District B) and MU-5 (Mixed-Use 5), offering high-density residential and commercial development potential. PID-B Zoning: Allows up to 9 stories (120 ft) with affordable housing inclusion MU-5 Zoning: Allows up to 7 stories (94 ft) with affordable housing inclusion Permitted Uses: Multifamily residential, retail, office, hospitality, medical, live-work housing, student housing, performing arts, and food service No Historic Restrictions: The property is not located within a City Historic District Several conceptual massing studies by Tinkelman Architecture demonstrate the site’s potential: Option A: 35 residential units / 26 parking spaces Option B: 55 residential units / 28 parking spaces Option C: 76 residential units / 52 parking spaces Option D: 116 residential units / 49 parking spaces This flexibility makes it ideal for mixed-use, multifamily, or residential redevelopment. Parking & Incentives The site offers on-site parking design flexibility, including the potential for a Planning Board waiver or fee-in-lieu of parking. Additionally, it is adjacent to a municipal parking lot at 50 Cannon Street, providing 210+ spaces within 50 feet. The City of Poughkeepsie supports development in its Innovation District, creating potential opportunities for incentives and streamlined planning approvals. Prime Downtown Location Centrally located, 50 Academy Street is within walking distance to: Restaurants, cafés, and boutique shops Art centers and the historic Barrett Art Center Vassar Brothers Medical Center, a major employer in the area The property also offers easy access to major transportation routes, including Route 9, the Mid-Hudson Bridge, and Metro-North Railroad, connecting Poughkeepsie to New York City and surrounding Hudson Valley communities. Investment Highlights Prime urban infill location in a growing downtown market High-density development as-of-right with significant bonus potential Strong residential rental demand in Poughkeepsie’s revitalized core Flexible mixed-use zoning for a variety of income-producing options This is a rare opportunity to acquire a large, strategically located parcel with unmatched redevelopment potential in one of the Hudson Valley’s most dynamic growth markets.

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Andrea D. Conner, License 10311208085, Xome Inc., License 10991227159, [email protected], 844-400-XOME (9663), 750 Highway 121 Bypass, Suite 100, Lewisville, Texas 75067

Listings courtesy of One Key MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of 11/13/2024. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. Per New York legal requirement, click here for the Standard Operating Procedures. Copyright 2025, OneKey MLS, Inc. All Rights Reserved.



Poughkeepsie Real Estate

Poughkeepsie is located in New York. Poughkeepsie, New York has a population of 31,475. Poughkeepsie is less family-centric than the surrounding county with 20.27% of the households containing married families with children. The county average for households married with children is 29.92%.

The median household income in Poughkeepsie, New York is $48,805. The median household income for the surrounding county is $87,112 compared to the national median of $69,021. The median age of people living in Poughkeepsie is 39.2 years.

Poughkeepsie Weather

The average high temperature in July is 84.3 degrees, with an average low temperature in January of 14.7 degrees. The average rainfall is approximately 47 inches per year, with 41.5 inches of snow per year.

Poughkeepsie Map

Poughkeepsie Real Estate Market Conditions

  • Median sales price

    $418,000
    13.2%
    change since last quarter
  • # Active listings

    263
    30-day change

Poughkeepsie Schools and Demographics

Education near Poughkeepsie, NY

City County
High School Graduates 87.63 91.53
College Degree - 2 year 8.93 10.4
College Degree - 4 year 29.57 37.67
Graduate Degree 9.97 13.56
Expenditures per Student 28,380 28,380
Students per Teacher 12.5 12.5

Elementary Schools near Poughkeepsie, NY

Grades Students P/T Ratio ZIP
Arthur S May School KG - 05 428 13.4 12603
Columbus School PK - KG 485 35.9 12601
G W Krieger School KG - 05 568 15.3 12603
Gov George Clinton School 01 - 05 354 15.1 12601
Hagan School 03 - 05 309 11 12603
Highland Elementary School KG - 05 790 13.9 12528
Morse Young Magnet School KG - 05 506 15.3 12601
Nassau School KG - 02 268 11.4 12601
Netherwood School KG - 05 336 15.3 12538
North Park Elementary School KG - 05 474 15.9 12538
Noxon Road Elementary School KG - 05 370 13.2 12603
Oak Grove Elementary School KG - 05 365 15.2 12601
Overlook Primary School KG - 02 362 14.2 12603
Ralph R Smith School KG - 05 340 15.1 12538
Titusville Intermediate School 03 - 05 374 13.8 12603
Vassar Road Elementary School KG - 03 322 17.9 12603
Violet Avenue School KG - 06 326 11.2 12601
Warring Magnet Academy of Science and Technology KG - 05 340 14.3 12601

Middle Schools near Poughkeepsie, NY

Grades Students P/T Ratio ZIP
Arlington Middle School 06 - 08 532 10.7 12603
Haviland Middle School 06 - 08 853 11.9 12538
Highland Middle School 06 - 08 405 12.1 12528
Kinry Road Elementary School 04 - 06 361 17.2 12603
Orville A Todd Middle School 06 - 08 333 10.2 12603
Poughkeepsie Middle School 06 - 08 967 12 12603

High Schools near Poughkeepsie, NY

Grades Students P/T Ratio ZIP
Franklin D Roosevelt Senior High School 09 - 12 1,293 14.5 12538
Highland High School 09 - 12 584 16.9 12528
Poughkeepsie High School 09 - 12 1,140 13.4 12603
Spackenkill High School 09 - 12 547 12.6 12603

Ungraded Schools near Poughkeepsie, NY

Grades Students P/T Ratio ZIP
* Highland Residential Center 07 - 12 47 12528
* Orchard View Alternative High School 09 - 12 68 11.3 12603
Dutchess Boces KG - 12 422 16.2 12601

Demographics near Poughkeepsie, NY

City County
Neighborhood Type Suburban
Population 31,475 296,012
Population Density 6,119 372
Median Age 39.2 42.5
People per Household 2.2 2.5
Median Household Income 48,805 87,112
Average Income per Capita 39,364 44,800

Real estate near Poughkeepsie