NY
Dutchess
Poughkeepsie
12601
194 Church Street
194 Church Street, Poughkeepsie, NY 12601
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Listing Type
Commercial/Industrial
Listing Status
Active
7
$1,900,000

Home Details for 194 Church Street

Price
$1,900,000
Type
Commercial Sale
Lot size acres
0.11
County
Dutchess
MLS Listing#
974795
Property Description

Prime Development Opportunity – 11 Parcel Assemblage in Poughkeepsie Innovation District Exceptional opportunity to acquire a rare 11-parcel assemblage totaling approximately 1.12 acres, strategically located at the intersection of Academy Street, Church Street, and Noxon Street in the heart of the City of Poughkeepsie. Situated within the highly desirable PID-B (Poughkeepsie Innovation District) and MU-5 (Mixed-Use) zoning districts, this property offers outstanding flexibility for a wide range of development possibilities including multi-family residential, mixed-use, retail, office, hospitality, medical, student housing, and more. Zoning allows for high-density development with significant upside potential. PID-B zoning permits up to 9 stories (120 ft) with affordable housing inclusion, while MU-5 allows up to 7 stories (94 ft), making this an ideal site for developers looking to capitalize on the continued growth and revitalization of downtown Poughkeepsie. The property benefits from expansive street frontage and is not located within a historic district, simplifying the development process. Additional advantages include flexible parking options with the potential for Planning Board relief or fee-in-lieu programs, along with immediate proximity to a municipal parking lot offering approximately 210 spaces. Conceptual development studies have already been completed, demonstrating the site’s capacity for a range of residential unit configurations, further supporting its strong investment potential. Located in a prime urban infill area with strong rental demand and ongoing infrastructure investment through the City’s Innovation District initiative, this property presents a unique opportunity for developers and investors to create a high-impact project in one of the Hudson Valley’s fastest-growing markets.

Property Features
  • Utilities
    • Natural Gas Available
    • Sewer Available
    • Water Connected
  • Heating Information
    • Baseboard
    • Natural Gas
  • Parking
    • Other
    • Parking Lot
  • Cooling Information
    • None
  • Water Features
    • Public
Listing Courtesy: K. Fortuna Realty, Inc. - 845-632-3492
Presented by: Ginalea Healy
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EXIT REALTY DKC
3825 East Tremont Ave, Bronx, NY 10465
Justin Simmons
Associate Broker
Office
718 676 1371
Agent
917 254 2103
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