Nine-Room Apartment
New
For Sale
$735,000
40 S Hamilton Street, Poughkeepsie, NY 12601
Residential Income, Poughkeepsie, NY
Property SizeContact for details
Lot Size0.34 Acres
Days on Market4
Property Features for 40 S Hamilton Street
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
Driveway
Interior features
Built-in Features
Basement
Full, Partially Finished, Storage Space
Elementary school
Gov George Clinton School
Middle school
Poughkeepsie Middle School
High school
Poughkeepsie High School
Elementary school district
Poughkeepsie City
Middle school district
Poughkeepsie City
High school district
Poughkeepsie City
Standard status
Active
APN
131300-6161-22-162944-0000
Lot size
0.34 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
17940
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas
Water source
Public
Amenities
communal kitchen
lounge
coin-operated laundry
Building Details
Year built
1890
Number of units
9
Building materials
Brick
Listing Agency:
Real Broker NY LLC
(855) 450-0442
Listed By:
Jorge Lugo
(845) 857-8740
Added: Sep 1
Last Checked: Sep 4 at 1:06AM
MLS# 1045579
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.
Investment Insights
Based on property information with market context.
This 1890 brick apartment building operates as a grandfathered rooming house with 9 private single-occupancy rooms and 7 bathrooms. Shared amenities include a communal kitchen, lounge areas, and hallway facilities on each floor. The basement provides storage and includes coin-operated laundry, while the property also offers a rear driveway and a separate small parking lot.
The property sits on 0.34 acres in the City of Poughkeepsie. Four-apartment conversion is allowed by right, and student housing is permitted outright. The source information also identifies a potential eight-apartment development option following a lot split. Marist, Vassar, Dutchess Community College, and CIA are identified as nearby institutions.
Public water and sewer serve the property, with natural-gas heating and cable availability. The existing rooming-house layout, parking, basement, and stated conversion options provide multiple documented operating and redevelopment configurations.
The property sits on 0.34 acres in the City of Poughkeepsie. Four-apartment conversion is allowed by right, and student housing is permitted outright. The source information also identifies a potential eight-apartment development option following a lot split. Marist, Vassar, Dutchess Community College, and CIA are identified as nearby institutions.
Public water and sewer serve the property, with natural-gas heating and cable availability. The existing rooming-house layout, parking, basement, and stated conversion options provide multiple documented operating and redevelopment configurations.
Key Highlights
- 9 private single‑occupancy rooms and 7 bathrooms
- Grandfathered rooming‑house use with communal kitchen and lounge areas
- 0.34‑acre property with rear driveway and a separate small parking lot
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,857
Businesses Nearby
Explore this area
Business Placement
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
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 - Grandfathered rooming-house configuration with shared living areas, basement laundry, and off-street parking.
Where is this apartment building located?
The property is located at 40 S Hamilton Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: 9 private single‑occupancy rooms and 7 bathrooms; Grandfathered rooming‑house use with communal kitchen and lounge areas; 0.34‑acre property with rear driveway and a separate small parking lot
