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$1,795,000   Price Analysis
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359 Mill St
Poughkeepsie, NY 12601
Unknown bed None bath unknown SqFt ($0/SqFt)
0.97 acre lot. Built 1920
Listed 2024-02-01
Ⓧ USDA Ineligible
due to price & location

near Poughkeepsie

Amazing opportunity in the heart of Downtown Poughkeepsie!

Possible re-development play bringing in $120K a year in gross income, $155k Pro-Forma. Totaling an acre, situated on the corner of Mill St and N Hamilton. Sale consists of 4 parcels total, 2 of them are vacant land with frontage on Mill St as well as N Hamilton, in the creative edge zoning districts. 355 Mill currently warehouse/office owner occupied, C-3 zoning and 359 Mill, mixed use, C-3 zoning, 4 family home of 1 bedrooms, a studio and salon and 8 garages total in the rear of the lot.

All spaces currently occupied with long standing tenants. Municipal water, sewer and natural gas. Be a part of the revitalization of Poughkeepsie!, AboveGrade:10227, Below Grnd Sq Feet:2000, Electric Expense:4000, FLOORING:Lminate, FOUNDATION:Block, Stone, Heating:Gas, OwnerPays:Electric, Fire Insurance, Garbage/Trash, Maintenance, Sewer, Taxes, Water, ROOF:Asphalt Shingles, Rubber, Unfinished Square Feet: 2000


Presented by Justin Lafalce at
Keller Williams Realty Partner.
Listing Agent Photo

Property MLS #HM411564 from OneKeyMLS

Basement Features: Full, Unfinished
Basement Description: Full, Unfinished

Cooling Features: Wall Unit(s)
Heating Features: Electric

Fencing: Fenced

Lot Description: Level
Lot Size Acres: 0.97
Lot Size Square Feet: 42253

Association: No
Calculated Total Monthly Association Fees: 0

Elementary School: Morse Young Magnet School
Elementary School District: Poughkeepsie
High School: Poughkeepsie High School
High School District: Poughkeepsie
Middle School: Poughkeepsie Middle School
Middle or Junior School District: Poughkeepsie

Poughkeepsie High School is a public high school located approximately 0.7 miles away.
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Morse Young Magnet School is a public elementary school located approximately 0.3 miles away.
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Tabernacle Christian Academy is a private elementary, middle and high school located approximately 0.8 miles away.
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Poughkeepsie Middle School is a public middle and high school located approximately 0.9 miles away.
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Number of Units: 10

Annual Tax Amount: 22120.00
Source Listing Status: Active
County: Dutchess
Directions: 355 Mill St., Poughkeepsie, NY 12601
List Price Low: 1795000
Source Property Type: Residential Income
Owner Pays: Insurance
Parcel Number: 13130000616200782170820000
Postal City: Poughkeepsie
Zoning Description: C-3
Property Subtype: Multi Family
Source System Name: C2C

Listed 2024-02-01
$1,795,000
OneKeyMLS

Year Built: 1920
Common Walls: 2+ Common Walls
Construction Materials: Frame, Brick, Vinyl Siding
Property Age: 104
Property Attached: Yes

Water Source: Public
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.