48 Columbia Street, Poughkeepsie, New York 12601

48 Columbia Street, Poughkeepsie, New York 12601
48 Columbia Street, Poughkeepsie, New York 12601
48 Columbia Street, Poughkeepsie, New York 12601
48 Columbia Street, Poughkeepsie, New York 12601
48 Columbia Street, Poughkeepsie, New York 12601

Listed By Serhant LLC

The Commercial Property for Sale located at Poughkeepsie, New York 12601 is currently for sale. Poughkeepsie, New York 12601 is listed for $950,000. This property has Parking Lot features. If the property located at Poughkeepsie, New York 12601 isn't what you're looking for, visit https://blueislandhomesny.xomio.com to see other Commercial Properties for Sale in Poughkeepsie .

Date Updated : Jul 1, 2025

MLS#: 883669

$950,000 USD

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Blue Island Homes NY
The details

Property features

Key features

  • Parking Lot

Construction details

  • Year built: 1900

Other features

  • Property features: Basement Garage Driveway
  • Heating system: Natural Gas Electric

Description

Turnkey investment opportunity delivering an 8.7% cap rate in Poughkeepsie’s Campus Development (CD) District. This well-maintained 5-unit mixed-use building features (3) 1-bedroom apartments, (1) 2-bedroom apartment, and 1 commercial space, just one block from Vassar Brothers Medical Center. The sale also includes a separately deeded 0.11-acre parking lot on Franklin Street, providing added convenience and long-term value for tenants. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with room for future upside. Financials available upon request—an ideal opportunity for investors seeking a stable, income-producing asset in a prime growth corridor.

Location

Poughkeepsie, New York 12601
Map preview
Courtesy of Jake Garay Serhant LLC
Equal Housing Opportunity

All real estate advertised herein is subject to the Federal Fair Housing Act, which makes it illegal to advertise "any preference, limitation, or discrimination because of race, color, religion, sex, handicap, familial status, or national origin, or intention to make any such preference, limitation, or discrimination." We will not knowingly accept any advertising for real estate which is in violation of the law. All persons are hereby informed that all dwellings advertised are available on an equal opportunity basis.