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50 Academy Street Poughkeepsie, NY 12601

View on Map
New
For Sale
$700,000

MULTI_FAMILY - Poughkeepsie, NY

Lot size:
0.07 Acres
Added:
Apr 7, 2026
Days on Market:
2
Last Refresh:
Apr 8 at 3:06 pm

Property Features for 50 Academy Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
9
Bathrooms
3
Rooms
Basement, Bedroom 9, Bedroom 8, Bedroom 6, Bedroom 5, Bathroom 1, Bedroom 3, Bedroom 2, Bedroom 1, Bathroom 2, Bedroom 4, 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

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Listing Contact
Ginalea Healy

Listing agent Ginalea Healy License #10401298074

Listing office K. Fortuna Realty, Inc. 973 Main Street, Hopewell Jct., NY

Listing date Apr 7, 2026

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.


Overview

Development Opportunity in Downtown Poughkeepsie

Located in Downtown Poughkeepsie, this offering includes a multi-family property and two adjoining vacant parcels. The existing multi-family structure features large residential units with rental potential, presenting a value-add investment opportunity. The two vacant parcels create an assemblage that allows for redevelopment possibilities, such as expanding the current building, constructing new residential units, or creating a mixed-use concept. Situated within the MU-5 (Mixed-Use 5) zoning district, the property allows for multi-family residential development, retail, office, and service-based uses. The zoning allows for up to 5 stories, with bonus height opportunities up to 7 stories. The property is positioned near amenities, transportation, and city revitalization efforts. It is located near the business district, courthouse, and train station. This presents an opportunity for an investor or developer looking to combine income with long-term upside in one of Poughkeepsie's growth areas. The lot size is 0.07 acres.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Poughkeepsie
County
Dutchess
State
New York
Longitude
-73.926941
Latitude
41.700836

FAQs

What type of property is this?
Triplex - Multi-family property with redevelopment potential in a rapidly evolving corridor.
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: Unique assemblage: Multi‑family property with two adjoining vacant parcels.; High‑density development potential: MU‑5 zoning allows for multi‑family, retail, office, and up to 7 stories.; Value‑add opportunity: Renovate the existing multi‑family for strong rental income.
More about this property
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