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Historic Poughkeepsie Apartment Building
For Sale
$550,000
Pending

4 Eastman Terrace 1, Poughkeepsie, NY 12601

Historic building with four apartments, ideal for investors.

Property Size4,488 SF
Days on Market913

Property Features for 4 Eastman Terrace 1

General Information

Standard status Pending
Size 4,488 SF
Property subtype Multi Family

Taxes and HOA fees

Annual Taxes $10,247

Building Details

Year Built 1900
Listing Agency: Houlihan Lawrence Inc.
Listed By: William Flood · License #10301211178
Source: Exitrealty
Added: Apr 8, 2024 Changed: Oct 6 Last Checked: Oct 5 at 3:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Houlihan Lawrence Inc.

Investment Insights

Based on property information with market context.

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.

Key Highlights

  • Historic building in Poughkeepsie
  • Four one‑bedroom apartments offer comfortable living spaces
  • First‑floor apartment is a duplex, adding unique charm

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Computer & Electronic Repair Furniture & Home Goods Carpet & Flooring Store Locksmith Real Estate Agency Acupuncture

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

2,817
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
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Frequently Asked Questions

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 Terrace 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
More about this property
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