Search
Single-Occupancy Rooming House
For Sale
$799,999

40 S Hamilton St, Poughkeepsie, NY 12601

Rooming house with nine private rooms, shared common areas, and coin-operated laundry in the basement.

Property Size6,900 SF
Days on Market43

Property Features for 40 S Hamilton St

General Information

Standard status Active
Size 6,900 SF
Property subtype Commercial

Additional Details

Multifamily Units 9

Taxes and HOA fees

Annual Taxes $17,939

Amenities

coin operated laundry
communal kitchen
lounge
onsite property manager
off-street parking
basement storage

Building Details

Building Size 6,900 SF
Year Built 1890
Units 9
Listing Agency: REAL BROKER NY LLC
Listed By: Jorge Lugo
Source: Elliman
Added: Jul 1 Changed: Aug 8 Last Checked: Aug 11 at 11:33AM

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 REAL BROKER NY LLC

Investment Insights

Based on property information with market context.

This SRO rooming house includes nine private, single-occupancy rooms and seven bathrooms, supported by shared common areas such as a communal kitchen, lounge, and hall facilities on each floor. A coin-operated laundry is located in the basement, and the substantial basement also provides additional storage space.

The property includes an onsite property manager and is situated on a generous lot with a large rear driveway offering off-street parking. BikeScore is 30 (somewhat bikeable), walkScore is 63 (somewhat walkable), and transitScore is 52 (good transit).

As presented, the property is currently generating approximately $100,000 in annual gross rental income with a current NOI of $49,315.

Key Highlights

  • Built in 1890; SRO rooming house with nine private single‑occupancy rooms
  • Generates approx. $100,000 annual gross rental income with current NOI of $49,315
  • Includes seven bathrooms and shared common areas with a communal kitchen, lounge, and hallway facilities

Property Analytics

Current Use

40 SO Hamilton ... Travel Agency

Suggested Use

Top Pick Computer & Electronic Repair Acupuncture Veterinary Clinic Carpet & Flooring Store Butcher (Bike/Boat/Book/etc) 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.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

2,857
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Apartment building - Rooming house with nine private rooms, shared common areas, and coin-operated laundry in the basement.
Where is this apartment building located?
The property is located at 40 S Hamilton St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $799,999.
What are key features of this property?
This property features: Built in 1890; SRO rooming house with nine private single‑occupancy rooms; Generates approx. $100,000 annual gross rental income with current NOI of $49,315; Includes seven bathrooms and shared common areas with a communal kitchen, lounge, and hallway facilities
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message