65 Academy Street Poughkeepsie, NY $ 795,000
65 Academy Street
$ 795,000
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65 Academy Street

Poughkeepsie, NY, 12601
$ 795,000
Bedrooms-- Baths-- Sq 5,912

Monthly Estimate*

$ 4,895

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Commercial Property for sale in Poughkeepsie, NY

for $795,000. This 5,912 square foot building was built in 1938 on a lot size of 0.13.

Welcome to an outstanding investment opportunity in the heart of Poughkeepsie, NY. This well-maintained five-unit apartment building combines charm, stability, and strong income potential — a rare find in today’s market. The property offers a desirable mix of units, including two spacious three-bedroom apartments, one comfortable two-bedroom apartment, and two studio apartments. This diverse layout appeals to a broad range of tenants and supports consistent occupancy. Ideally located, residents enjoy close proximity to Vassar College, Dutchess Community College, and Marist College, as well as shopping, restaurants, parks, and local schools. Commuters will appreciate convenient access to major highways and public transportation, including bus and train service to NYC, making this an attractive choice for those seeking both accessibility and a vibrant lifestyle. The building reflects clear pride of ownership and has been thoughtfully maintained. Three of the units were renovated approximately one year ago, enhancing both condition and rental appeal. Currently, all of the five units are occupied. With a strong local rental market and a prime location, this property offers reliable cash flow and meaningful long-term growth potential. Whether you are a seasoned investor or exploring your first multi-family purchase, this is a compelling opportunity in a consistently desirable area. All units are currently rented.

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Commercial Active

Price

$ 795,000

Property Type

Commercial

Taxes

$ 19,026

Style

Multi Family

Lot Size

0.13

Year Built

1938

Town/City

Poughkeepsie

County/Region

Dutchess

MLS | Web ID

963813

Features
General
Sewer Public Sewer
Heating Natural Gas Oil
Cooling None
Utilities Cable Connected Electricity Connected Natural Gas Connected Phone Connected Sewer Connected Water Connected
Appliances Oven Refrigerator
Zoning R-1
Construction Materials Frame
Year Built 1938
Tenant Pays Electricity
Property Subtype Multi Family
Tax Year 2025
Parcel Number 131300-6161-21-091960-0000
County Dutchess County
Property Type Commercial Sale
Directions Rt 44 55 to Right onto Academy Street. #65 on the left.
High School Poughkeepsie High School
City Poughkeepsie
High School District Poughkeepsie City
Number Of Units Total 5
Elementary School Gov George Clinton School
Property Attached Y/N N
Tax Annual Amount 19026.61
Middle/Junior High School Poughkeepsie Middle School
Property Condition Actual
Additional Parcels Y/N N
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Poughkeepsie City
Elementary School District Poughkeepsie City
Tax Assessed Value 555000
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Interior
Basement Partial
Flooring Carpet Linoleum Wood
Total Stories 3
Basement Features Partial
Basement (Y/N) Y
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Exterior
Parking Features On Street Parking Lot On Street Parking Lot
Water Source Public
Building Area Total 5912
Waterfront Y/N N
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Internal Only
Street Number 1 65
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* Excluded Features
List By
Sandra Spector

Listing Agent

Howard Hanna Rand Realty

Broker

845-562-0050

Contact

Affordability Calculator

$6,480
Per Month
76%
24%
0%
Monthly Principal & Interest
$4,895
Monthly Property Taxes
$1,586
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4892178 Elementary School
4892033 Middle School
Poughkeepsie High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2026$795,000 Listed Price

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65 Academy Street, Poughkeepsie, NY, 12601 is a Commercial Property for sale at $795,000 with 5,912 sqft and a lot size of 0.13. 65 Academy Street was built in 1938. The property's zip code is 12601 which is in Poughkeepsie, NY