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5-Unit Apartment Building
New
For Sale
$799,000

89 Market Street, Poughkeepsie, NY 12601

Commercial Sale, Poughkeepsie, NY

Property SizeContact for details
Lot Size0.16 Acres
Days on Market3

Property Features for 89 Market Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning O-R
Rooms Basement
Parking 5
Parking features Parking Lot, Off Street
Basement Full
Accessibility Accessible Approach with Ramp
Lot features Corner Lot
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 131300-6061-28-996990-0000
Lot size 0.16 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2026
Tax Annual Amount 11821

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Heat Pump (Heating)
Cooling system Central Air
Water source Public

Building Details

Year built 1900
Floors in Building 3
Number of units 5
Building materials Frame
Listing Agency: RE/MAX Town & Country · Redefy
Listed By: Michael Dunstan · License #10401295049
Added: Nov 3 Changed: Nov 4 Last Checked: Nov 5 at 10:06AM
MLS# 1069605

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.

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Investment Insights

Based on property information with market context.

Five apartments are arranged across a main building and an attached building, with a mix of one-, two-, and three-bedroom layouts. The main structure contains three units, including a ground-floor apartment with ramp access. Two upper apartments have split-level layouts, with bedrooms and a full bath reached by a walk-up. The attached structure contributes two additional apartments. Heating and cooling systems vary by building: the upper units have gas on-demand heat and hot water, while both attached-building apartments use heat pumps and air conditioning. The property has O-R zoning, public water and sewer, and was built in 1900.

The corner property is at Market Street and Noxon Street in Poughkeepsie, near shopping, restaurants, Metro-North service, and Route 9. On-site parking includes three spaces alongside the building, with room for approximately two more vehicles at the front. The five apartments are fully occupied; tenants cover heat, hot water, and electricity, while the landlord pays water, sewer, and garbage.

Key Highlights

  • Five apartments in two connected buildings; fully occupied
  • Apartment mix includes one-, two-, and three‑bedroom layouts
  • Ramp access serves the ground‑floor apartment

Property Analytics

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Lease Details

5
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

2,997
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

Frequently Asked Questions

What type of property is this?
Apartment building - Five occupied apartments span two connected buildings, with varied unit layouts and separate heating and cooling systems.
Where is this apartment building located?
The property is located at 89 Market Street Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Five apartments in two connected buildings; fully occupied; Apartment mix includes one-, two-, and three‑bedroom layouts; Ramp access serves the ground‑floor apartment
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