Mixed-Use Zoned Multi-Family
50 Academy Street Poughkeepsie, NY 12601
For Sale
$700,000
MULTI_FAMILY - Poughkeepsie, NY
Lot Size0.07 Acres
Days on Market114
Property Features for 50 Academy Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
9
Bathrooms
3
Rooms
Bedroom 4, Bedroom 5, Bedroom 8, Bathroom 1, Bedroom 6, Bathroom 2, Bedroom 3, Basement, Bedroom 1, Bedroom 2, Bedroom 9, Bedroom 7, Bathroom 3
Parking
20
Parking features
Parking Lot, Oversize
Interior features
High Ceilings, Natural Woodwork
Basement
Full
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.
(845) 632-3492
Listed By:
Ginalea Healy · License #10401298074
(845) 224-4272
Added: Apr 7
Changed: Jul 17
Last Checked: Jul 29 at 1:06PM
MLS# 973933
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Investment Insights
Based on property information with market context.
This offering includes a multi-family property plus two adjoining vacant parcels, creating an assemblage for redevelopment or expansion. The existing multi-family structure is described as having large residential units, with the opportunity for value-add through renovations.
The property is located on Academy Street in downtown Poughkeepsie within a rapidly evolving corridor. The listing notes proximity to the business district, courthouse, and train station.
Zoned MU-5 (Mixed-Use 5), the property is described as allowing multi-family residential development as well as retail, office, and service-based uses. The remarks further indicate potential for development up to 5 stories, with bonus height opportunities up to 7 stories.
The property is located on Academy Street in downtown Poughkeepsie within a rapidly evolving corridor. The listing notes proximity to the business district, courthouse, and train station.
Zoned MU-5 (Mixed-Use 5), the property is described as allowing multi-family residential development as well as retail, office, and service-based uses. The remarks further indicate potential for development up to 5 stories, with bonus height opportunities up to 7 stories.
Key Highlights
- Multi‑family property plus two adjoining vacant parcels on Academy Street for redevelopment or expansion
- MU‑5 (Mixed‑Use 5) zoning supports multi‑family residential development and retail, office, and service‑based uses
- Zoning suggests potential for up to 5 stories, with bonus height opportunities up to 7 stories
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Triplex - For sale multi-family property with two adjacent vacant parcels in MU-5 zoning, offering redevelopment height potential up to seven stories.
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: Multi‑family property plus two adjoining vacant parcels on Academy Street for redevelopment or expansion; MU‑5 (Mixed‑Use 5) zoning supports multi‑family residential development and retail, office, and service‑based uses; Zoning suggests potential for up to 5 stories, with bonus height opportunities up to 7 stories