Poughkeepsie, NY 12601,1 Cottage ST
Poughkeepsie, NY 12601,1 Cottage ST
Poughkeepsie, NY 12601,1 Cottage ST
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$485,000
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9,147 Sqft Lot
Price Dropped by $10K

1 Cottage ST Poughkeepsie, NY 12601

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Key Details

Property Type Commercial

Sub Type Warehouse

Listing Status Active

Purchase Type For Sale

MLS Listing ID 863642

Rental Info No

Year Built 1953

Annual Tax Amount $7,168

Lot Size 9,147 Sqft

Acres 0.21

Property Sub-Type Warehouse

Source onekey2

Property 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

State NY

County Dutchess County

Interior

Heating Forced Air, Natural Gas

Cooling Central Air, Wall/Window Unit(s)

Fireplace No

Exterior

Parking Features Off Street, Parking Lot

Fence Fenced

Utilities Available Sewer Connected, Water Available

Building

Sewer Public Sewer

Water Public

Structure Type Block

Others

Special Listing Condition None


Listed by David L Russell Realty • David L Russell Jr

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agent

Nadira Taylor

Broker | License ID: 10491206475

+1(516) 292-4300

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1 Cottage ST