355 Mill St Poughkeepsie, NY 12601
Acre of land with income and redevelopment potential.
Type:Land, Mixed Use, Multifamily, Retail
Property size:
10,227 SFLot size:
1.00 Acre- Added:
- Jun 7, 2024
- Days on Market:
- 681
- Last Refresh:
- Mar 17 at 1:26 pm
Property Features for 355 Mill St
General Information
- Standard status
- Active
- Size
- 10,227 SF
- Lot size
- 1.00 Acre
- Property subtype
- Land, Mixed Use, Multifamily, Retail
Listing agent Don Minichino License #NY 10401333542
Listing office KW Mid-Hudson
Listing date Jun 7, 2024
Source Crexi
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 KW Mid-Hudson
Overview
Mixed-Use Redevelopment Opportunity
This property offers a redevelopment opportunity with existing income. The gross income is $153,000 per year, with a pro-forma income of nearly $200,000. The sale includes four parcels totaling one acre, located on the corner of Mill Street and N Hamilton. Two of the parcels are vacant land. The other two parcels include 355 Mill, currently a warehouse and office space occupied by the owner, and 359 Mill, a four-family home with one-bedroom units, a studio, and a salon. There are eight garages located at the rear of the lot. All spaces are currently occupied. The new zoning allows for six to eight stories of mixed-use development. The property size is 10227 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mixed-use properties
Location Insight
- Map
- Local Demand
- City
- Poughkeepsie
- County
- Dutchess
- State
- New York
- Longitude
- -73.9221713
- Latitude
- 41.7033158
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Acre of land with income and redevelopment potential.
Where is this mixed-use property located?
The property is located at 355 Mill St Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High income potential: $153,000/year gross income with nearly $200,000 Pro‑Forma.; Redevelopment opportunity: New zoning allows for 6‑8 stories of mixed‑use development.; Large lot size: Totaling one acre on a corner lot.
