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Triplex With Development Parcels
For Sale
$700,000

50 Academy Street, Poughkeepsie, NY 12601

Residential Income, Poughkeepsie, NY

Property SizeContact for details
Lot Size0.07 Acres
Days on Market162

Property Features for 50 Academy Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 9
Bathrooms 3
Full bathrooms 3
Rooms Bedroom 1, Bedroom 7, Bedroom 6, Bedroom 9, Bathroom 1, Bedroom 2, Bedroom 8, Bedroom 3, Basement, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2
Parking 20
Parking features Oversize, Parking Lot
Interior features High Ceilings, Natural Woodwork
Basement Full
High school Poughkeepsie High School
Elementary school district Poughkeepsie City
Middle school district Poughkeepsie City
High school district Poughkeepsie City
Directions Second right on Academy St. coming from the Mid Hudson Bridge
Standard status Active
APN 131300-6161-21-084989-0000
Lot size 0.07 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 4151

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1900
Number of units 3
Building materials Brick
Listing Agency: K. Fortuna Realty, Inc.
Listed By: Ginalea Healy · License #10401298074
Added: Apr 7 Changed: Sep 15 Last Checked: Sep 15 at 12:06PM
MLS# 973933

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This triplex property includes an existing brick residential structure and two adjoining vacant parcels on a 0.07-acre site. The building dates to 1900 and includes high ceilings, natural woodwork, a basement, three bathrooms, and nine listed bedrooms. Natural-gas heat, public water, public sewer, and an on-site parking lot are also reported.

The property is located at 50 Academy Street in downtown Poughkeepsie, near the business district, courthouse, and train station. MU-5 mixed-use zoning is identified for multifamily residential, retail, office, and service uses, with potential for up to 5 stories and bonus height opportunities up to 7 stories. The adjoining parcels provide additional land within the offering for future development or expansion.

Key Highlights

  • Triplex property with two adjoining vacant parcels
  • 0.07‑acre site at 50 Academy Street, Poughkeepsie, NY 12601
  • MU‑5 zoning allows multifamily residential, retail, office, and service uses

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Computer & Electronic Repair Acupuncture Veterinary Clinic Pet Grooming Service (Bike/Boat/Book/etc) Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,107
Businesses Nearby

Demographics for 12601, NY

44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - MU-5 zoning supports multifamily, retail, office, and service uses across an assemblage with two vacant parcels.
Where is this triplex located?
The property is located at 50 Academy Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Triplex property with two adjoining vacant parcels; 0.07‑acre site at 50 Academy Street, Poughkeepsie, NY 12601; MU‑5 zoning allows multifamily residential, retail, office, and service uses
More about this property
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