Triplex with MU-5
For Sale
$700,000
50 Academy Street, Poughkeepsie, NY 12601
Residential Income, Poughkeepsie, NY
Property SizeContact for details
Lot Size0.07 Acres
Days on Market136
Property Features for 50 Academy Street
General Information
Property type
Residential Multi Family
Property subtype
Triplex
Bedrooms
9
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 7, Bathroom 2, Bedroom 3, Bedroom 8, Bathroom 1, Basement, Bedroom 4, Bedroom 5, Bedroom 9, Bedroom 1, Bedroom 6, Bathroom 3, Bedroom 2
Parking
20
Parking features
Oversize, Parking Lot
Interior features
High Ceilings, Natural Woodwork
Basement
Full
High school
Poughkeepsie High School
Elementary school district
Poughkeepsie City
Middle school district
Poughkeepsie City
High school district
Poughkeepsie City
Directions
Second right on Academy St. coming from the Mid Hudson Bridge
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
Listing Agency:
K. Fortuna Realty, Inc.
(845) 632-3492
Listed By:
Ginalea Healy · License #10401298074
(845) 224-4272
Added: Apr 7
Changed: Aug 20
Last Checked: Aug 20 at 7:06PM
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.
Investment Insights
Based on property information with market context.
Located at 50 Academy Street in Poughkeepsie, this triplex offers a redevelopment and value-add setup that also includes two adjoining vacant parcels. The existing brick multi-family structure features large residential units and interior touches including high ceilings and natural woodwork, with natural gas heating. Parking is available via a parking lot with oversize parking.
The property sits in the MU-5 (Mixed-Use 5) zoning district. The zoning supports multi-family residential development, along with retail, office, and service-based uses, with the potential for up to 5 stories and bonus height opportunities up to 7 stories. The assemblage of the triplex plus the two vacant parcels provides flexibility for expansion of the current building or new residential construction.
Built in 1900, the property is served by public water and public sewer, aligning with a range of redevelopment approaches within a downtown corridor near the business district, courthouse, and train station.
The property sits in the MU-5 (Mixed-Use 5) zoning district. The zoning supports multi-family residential development, along with retail, office, and service-based uses, with the potential for up to 5 stories and bonus height opportunities up to 7 stories. The assemblage of the triplex plus the two vacant parcels provides flexibility for expansion of the current building or new residential construction.
Built in 1900, the property is served by public water and public sewer, aligning with a range of redevelopment approaches within a downtown corridor near the business district, courthouse, and train station.
Key Highlights
- Two adjoining vacant parcels included with the triplex assemblage
- MU‑5 zoning allows multi‑family plus retail, office, and service‑based uses
- Potential for up to 5 stories, with bonus height opportunities up to 7 stories (MU‑5)
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,107
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
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Frequently Asked Questions
What type of property is this?
Triplex - Brick triplex on a 0.07-acre lot, zoned MU-5, with public water and public sewer.
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: Two adjoining vacant parcels included with the triplex assemblage; MU‑5 zoning allows multi‑family plus retail, office, and service‑based uses; Potential for up to 5 stories, with bonus height opportunities up to 7 stories (MU‑5)
