Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
5,318 SF
Site
0.27 acres
Price / SF
$301
NOI
$173,700
Year built
1919
Zoning
R-4
The offering
Exceptional fully renovated and fully occupied multifamily property offering immediate cash flow and minimal maintenance concerns. This impressive building has been completely rebuilt and upgraded with today's most desirable features and modern safety systems.
Each apartment showcases contemporary kitchens and baths, beautiful flooring, in-unit washer and dryers, ductless heating and cooling systems, and state-of-the-art video intercom entry pads. The property is equipped with a full sprinkler system and direct fire department connection, providing enhanced safety and peace of mind.
Ideally located with convenient access to public transportation, situated directly on a city bus route and just minutes from Metro-North, making it highly attractive to tenants and commuters alike.
A rare opportunity to acquire a stabilized, income-producing asset with strong rental demand, modern amenities, and excellent long-term investment potential.
Building & site
Interest conveyedFee simple
Gross building area5,318 SF
Building typeMulti Family
Property typeMulti Family
Year built1919
Land area0.27 acres
Land area, SF11,761 SF
WaterPublic
SewerPublic Sewer
HeatElectric
Tax parcel1313006162-79-310112-0000
Number of buildings1
Parking spaces8
Electric utilityCentral Hudson
Distance to train1.3 mi
Zoning & permitted uses
District
R-4
Permitted uses are governed by the Poughkeepsie zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$173,700
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
Aerial imagery
The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.
Location, access & trade area
Trade area
Measure
Poughkeepsie
Dutchess County
Population
45,636
299,963
Daytime population
49,579
277,925
Population density
1,444 / sq mi
377 / sq mi
Households
16,940
116,771
Median household income
$97,724
$94,725
Mean travel time to work
27 min
32 min
Median home value
$354,900
$444,000
Median gross rent
$1,677
$1,617
Unemployment (July 2026)
3.7%
Not stated
School districts
Arlington, Highland, Hyde Park, Marlboro, Poughkeepsie, Spackenkill, Wappingers
ZIP codes
12569, 12590, 12601, 12603, 12604
Municipal and county figures from the US Census American Community Survey (2024 5-year) and the Bureau of Labor Statistics. These are jurisdiction totals, not radius rings; ask a broker for a drive-time or radius study on a specific site.
Taxes & assessment
2026 taxes
$31,677
Assessed value
$200,000
Land assessment
$30,000
Full market value
$200,000
Owner of record
Y & S Group NY LLC
School district
Poughkeepsie
Property class
411 · Walk-up apt
Estimated annual tax, 2025 roll
County and town
$10,363
School, Poughkeepsie
$14,715
Special districts
$1,266
Estimated total
$26,344
The estimate is the assessed value at the current county, town, school and village rates. Not a bill: exemptions, and any change to the assessment or the rates, move it.
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.
