1 Cottage Street, Poughkeepsie, NY 12601

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.