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    4 Eastman Ter, Unit 1 Poughkeepsie, NY 12601

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    For Sale
    $550,000

    Historic building with four apartments, ideal for investors.

    Lot size:
    0.08 Acres

    Property Features for 4 Eastman Ter

    General Information

    Lot size
    0.08 Acres

    Building Details

    Year built
    1900

    Source: Houlihan Lawrence Inc. Agent William Flood

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Poughkeepsie Apartment Building

    This historic building in Poughkeepsie contains four one-bedroom apartments. The first-floor apartment is a duplex. The building is suitable for investors, with rents currently below market value. The building requires some repairs. The roof is newer, and the electrical service is 600 amps. An offer was accepted on 05/03/2024.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9310542
    Latitude
    41.6967293

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    FAQs

    What type of property is this?
    Apartment building - Historic building with four apartments, ideal for investors.
    Where is this apartment building located?
    The property is located at 4 Eastman Ter, Unit 1 Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: - Historic building in Poughkeepsie; - Four one-bedroom apartments offer comfortable living spaces; - First-floor apartment is a duplex, adding unique charm
    (845) 677-6161
    Request Owner's contact information
    4 Eastman Ter, Unit 1 Poughkeepsie, NY 12601
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4 Eastman Ter, Unit 1 Poughkeepsie, NY 12601
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