1. New York
  2. Poughkeepsie
  3. 1 Cottage Street
$485,000

1 Cottage Street, Poughkeepsie, NY 12601

  • 3,300 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1953
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $147/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

City of Poughkeepsie needs new housing with demand out-stripping supply. This is a great opportunity to convert from commercial to residential use in quiet neighborhood. Recently zoned for four (4) family residence. Building as exists will allow for the addition of a 2nd floor leading to more than 4 apartments or two-floored units. "Cost of conversion" is cheaper and quicker than building new or gutting and repair of old buildings. This prosed use is a "as of right' use under new zoning designation: RNC. Standard site-plan review is required by the City. Building is in excellent condition. Ready for your architect/engineer to lay out the floor plan for four units, then call the framer, plumber and electrician. Close to all the City has to offer and shopping & transportation; Rt 9, Bridge, Hudson Line train. Off-street parking. Will generate top rents upon completion of new units. Can also be used for "Day-Care" as of right.

Listing Status:
Active
Listing Office:
David L Russell Realty : 845-561-7950
MLS ID:
863642
  • A/C: Central AirWall/Window Unit(s)
  • Heating: Forced AirNatural Gas

This listing courtesy of David L Russell Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Morse Young Magnet School

101 Mansion St, Poughkeepsie, NY, 12601

Grades KG-6

0.13 miles away

P

Poughkeepsie Middle School

55 College Ave, Poughkeepsie, NY, 12603

Grades 6-10

1.12 miles away

P

Poughkeepsie High School

70 Forbus St, Poughkeepsie, NY, 12603

Grades 9-12

0.97 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.