




Listed By David L Russell Realty
The Commercial Property for Sale located at 1 Cottage Street, Poughkeepsie, New York 12601 is currently for sale. 1 Cottage Street, Poughkeepsie, New York 12601 is listed for $485,000.
$485,000 USD
Commercial for Sale, 1 Cottage Street, Poughkeepsie, New York 12601
- MLS#863642
Property features
Lot/Land
- Land/Lot size:
850 m² (9,148 ft²)
Construction
- Year built: 1953
- Construction: Block
Heating and Cooling
- Heating system: Natural GasForced Air
- Cooling system: Central AC
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.
Location
1 Cottage Street, Poughkeepsie, New York 12601