34-Unit Mixed-Use
For Sale
Contact for pricing
76 Academy Street, Poughkeepsie, NY 12601
Residential units and ground-floor commercial space create a diversified operating configuration with renovation and lease repositioning potential.
Property Size35,755 SF
Price / SF$111.87
Days on Market51
Property Features for 76 Academy Street
General Information
Standard status
Active
Size
35,755 SF
Property subtype
Mixed Use, Multifamily, Retail
Occupancy
100%
Investment Type
Value Add
Net Operating Income
$276,000
Additional Details
Multifamily Units
34
Building Details
Year Built
1920
Buildings
6
Units
34
Tenancy
Multi
Listing Agency:
Marcus & Millichap - Westchester
Listed By:
Scott Wasserberger · License #NY: 10401343423
(914) 220-9754
Source:
Crexi
Added: Aug 27
Changed: Sep 30
Last Checked: Oct 14 at 11:08PM
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 Marcus & Millichap - Westchester
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Investment Insights
Based on property information with market context.
The Academy Collection combines 34 residential units with ground-floor commercial space across 76 Academy Street and 90 Montgomery Street. The property contains 35,755 square feet and was built in 1920, offering a mixed-use configuration with both housing and commercial components under one ownership structure. Renovation work and lease repositioning are identified as avenues for improving operations, while current rents average approximately 19.6% below market.
The property is located in Poughkeepsie, New York, within the Hudson Valley submarket. The surrounding context includes regional employment, education activity, and downtown revitalization efforts. Limited new supply and ongoing demand for rental housing are also cited as characteristics of the submarket.
The property is located in Poughkeepsie, New York, within the Hudson Valley submarket. The surrounding context includes regional employment, education activity, and downtown revitalization efforts. Limited new supply and ongoing demand for rental housing are also cited as characteristics of the submarket.
Key Highlights
- 34‑unit mixed‑use property with residential and ground‑floor commercial components
- 35,755‑square‑foot property spanning 76 Academy Street and 90 Montgomery Street
- Built in 1920
Property Analytics
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Current Use
Lease Details
34
Residential units
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
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Residential units and ground-floor commercial space create a diversified operating configuration with renovation and lease repositioning potential.
Where is this mixed-use property located?
The property is located at 76 Academy Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $4,000,000.
What are key features of this property?
This property features: 34‑unit mixed‑use property with residential and ground‑floor commercial components; 35,755‑square‑foot property spanning 76 Academy Street and 90 Montgomery Street; Built in 1920
