Investment Opportunity Two buildings totaling approx.


Property

Website:https://www.nestseekers.com/3461979
Address:
18A Bancroft Road
Poughkeepsie City, NY 12601
Ownership: For Sale
Type: Commercial

Financials

Price: $2,499,999
Annual Taxes: $1

Mortgage Calculator

Description

Investment Opportunity: Two buildings totaling approx. 18,000 SF. Main building is approx. 15,000 SF, with M/F shower locker rooms in basement. Second building is currently used as a single family house (approx. 3,000 SF). R1 zoning allows for low density single family housing and cluster housing with approval. Can build 24-29 houses on property as is. Possible variance/Zoning change to allow for Senior, Veteran and affordable multi-family housing. 1 Mile from Poughkeepsie Central Business District area, U.S. Route 9 is 1.5 Miles away and 3.3 Miles from Poughkeepsie Train Station (Hudson Line) and Amtrak Services. Survey attached to listing. Will consider selling 7.5 acres of land separate from buildings. (MLS#6288568)

Amenities

  • water-access

Contact

6243 Northern Blvd
Courtesy of Grand Lux Realty Cerrone Inc.