54-58 Smith Street 54 Poughkeepsie, NY $ 1,600,000
54-58 Smith Street 54
$ 1,600,000
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54-58 Smith Street 54

Poughkeepsie, NY, 12601
$ 1,600,000
Bedrooms-- Baths-- Sq 5,318

Monthly Estimate*

$ 10,103

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Commercial Property for sale in Poughkeepsie, NY

for $1,600,000. This 5,318 square foot building was built in 1919 on a lot size of 0.27.

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.

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Commercial Active

Price

$ 1,600,000

Property Type

Commercial

Taxes

$ 31,676

Style

Mid Rise

Lot Size

0.27

Year Built

1919

Town/City

Poughkeepsie

County/Region

Dutchess

MLS | Web ID

1051008

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ductless
Utilities Cable Connected Electricity Connected Sewer Connected Trash Collection Private Water Connected
Appliances Dishwasher Dryer Electric Range Electric Water Heater Microwave Refrigerator Stainless Steel Appliance(s) Washer
Zoning R-4
Architectural Style Mid Rise
Security Features Building Security Fire Alarm Fire Escape Fire Sprinkler System Security Lights Smoke Detector(s) Video Cameras
Construction Materials Frame
Year Built 1919
Tenant Pays All Utilities
Unit Number 54
Property Subtype Multi Family
Tax Year 2026
Parcel Number 131300-6162-79-310112-0000
Gross Income 173700
Business Type Residential
Community Features Curbs Sidewalks
County Dutchess County
Operating Expense 9614
Property Type Commercial Sale
Building Features Laundry Lobby Quartz/Quartzite Counter Tops
Other Structures Garage(s)
Directions East bound arterial to Smith Street. 54-58 Smith Street.
High School Poughkeepsie High School
City Poughkeepsie
High School District Poughkeepsie City
Number Of Units Total 8
Elementary School Smith Early Learning Center
Property Attached Y/N N
Tax Annual Amount 31676.58
Fuel Expense 0
Middle/Junior High School Poughkeepsie Middle School
Property Condition Actual Updated/Remodeled
Trash Expense 3177
Additional Parcels Y/N N
Structure Type Mid Rise
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Poughkeepsie City
Elementary School District Poughkeepsie City
Tax Assessed Value 927000
Year Built Effective 2024
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Interior
Basement Full Unfinished
Flooring Vinyl
Basement Features Full Unfinished
Basement (Y/N) Y
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Exterior
Parking Features Off Street Parking Lot Off Street Parking Lot
Water Source Public
Total Parking 8
Parking Spaces 8
Building Area Total 5318
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 54
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* Excluded Features
List By
Michelle V. Ayala

Listing Agent

Bhhs Hudson Valley Properties

Broker

845-473-1650

Contact

Affordability Calculator

$12,742
Per Month
79%
21%
0%
Monthly Principal & Interest
$10,103
Monthly Property Taxes
$2,640
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4892075 Elementary School
4892033 Middle School
Poughkeepsie High School High School
Pricing History
DatePricePrice ChangeDescription
9/16/2026$1,600,000 Listed Price

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54-58 Smith Street 54, Poughkeepsie, NY, 12601 is a Commercial Property for sale at $1,600,000 with 5,318 sqft and a lot size of 0.27. 54-58 Smith Street 54 was built in 1919. The property's zip code is 12601 which is in Poughkeepsie, NY