23 Cedar Ave
Poughkeepsie City, NY, 12603 $ 895,000
Baths0.0 Monthly Estimate*
$ 5,948
Studio Multi-Family Home for sale in Poughkeepsie City, NY
for $895,000. This home was built in 1935 on a lot size of 3.49.
Calling all investors and developers. Excellent development opportunity consisting of 2 homes and 8700 sf of storage/warehouse space situated on 3.49 subdividable acres. Offering is for 2 parcels which include 23 Cedar Ave and 9 Austin Court.Prime site for redevelopment or continue to use as rental income with city approval.Concept plans for an 8 lot subdivision are available. Other possible development options include condos,cluster housing, single family homes, nursery, preschool educational establishment, day care center, house of worship,golf, tennis or swimming clubs,family day-care homes, agency group homes, agency community residences or family care homes,libraries, museums and/or art galleries. Just minutes to Metro North train station and 70 miles from NYC this prime southside Poughkeepsie location is adjacent to 500 acres of Vassar Farms. Convenient location to Vassar College, Marist College, CIA, Vassar Brothers Medical Center, Mid Hudson Regional Hospital , IBM, Shopping, 5 Star Restaurants , waterfront and major commuter highways. Great 1031 exchange option. Bring your vision and join the future growth and development of the City of Poughkeepsie.
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FeaturesGeneralInterior Features Skylight(s) Vaulted Ceilings
Heating Electric
Cooling Window Unit(s)
Roof Fiberglass Shingles
Garage 3+ Cars Detached Garage Off Street
Exterior Features Barn Porch Storm Doors Storm Windows
Zoning R-1
Amenities Bus Route Golf Course Medical Facility Public Transportation Shopping/Mall
Class MULTI UNIT
High School Poughkeepsie High School
School District Poughkeepsie City
Elementary School G.W. Krieger School
Middle School Poughkeepsie Middle School
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InteriorFlooring Ceramic Tile Vinyl Wood
Equipment Smoke Detectors Carbon Monoxide Detector
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ExteriorFoundation Block Masonry
Water/Sewer City Sewer City Water Septic
Fence Partial Wood
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* Excluded FeaturesList ByJOHN COSTANZOListing Agent
Bhhs Hudson Valley Properties LgBroker
jcostanzo@bhhshudsonvalley.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,948
- Monthly Property Taxes
- $2,027
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.99% 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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1995457 Elementary School
1995248 Middle School
Poughkeepsie High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 1/24/2024 | $895,000 | -5.79% | Price Down |
| 11/16/2023 | $950,000 | | Listed Price |