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Anita Zaret
Licensed Real Estate Salesperson
REALTOR®

10 Eastman Terrace , Poughkeepsie, NY 12601

$950,000
  • 10 Eastman Terrace , Poughkeepsie, NY 12601 Main Photo

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New to the Market Active
BEDS0 BATHS MLS#1030135
STATUSActive PROPERTY TYPECommercial - SCHOOLPoughkeepsie City

Property Description

Income-producing multifamily opportunity delivering an 8.5% current cap rate, with potential to reach approximately 10.5% at pro forma rents. This 5-unit property features (1) 1-bedroom apartment, (2) 3-bedroom apartments, and (2) 4-bedroom apartments, generating $117,480 in current gross annual income. All tenants pay for heat, hot water, and electricity, while the landlord is responsible for water and sewer. The sale also includes a separately deeded 9-car parking lot, with one parking space for each unit, and every apartment has an in-unit washer/dryer hookup. Located near major anchors such as Route 9, the Mid-Hudson Bridge, Marist College, Vassar College, Dutchess Community College, and the Culinary Institute of America, the property offers strong in-place income with meaningful room for future upside. An ideal opportunity for investors seeking a stable, income-producing asset in a prime Poughkeepsie location. Income & expense information available upon request.

10 Eastman Terrace | MLS# 1030135

This commercial property located at 10 Eastman Terrace , Poughkeepsie, NY 12601 is currently listed for sale with an asking price of $950,000. Eastman Terrace is located within the Poughkeepsie City school district. Search Poughkeepsie real estate on azaret.coachrealtors.com today.

Property Features

Property Type: Commercial -
Basement: Finished, Full, Walk-Out Access
Basement: Yes
Cooling: None
Heating: Baseboard, Natural Gas
Home Style: Row Dwelling
Lot Size: 0.14 Acres
Stories: 4.0
Taxes: $15,376
Year Built: 1900

Feature Descriptions

Building Area Total: 4488
Exterior: Brick
Heating Units: 5
On Market Date: 2026-08-07
Parcel Number: 131300-6061-36-962836-0000
Parking Features: Driveway, Off Street, Parking Lot
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 5
Separate Gas Meters: 5
Sewer: Public Sewer
Units: 5
Utilities: Natural Gas Connected
Water: Public

Local Schools

School District: Poughkeepsie City

Listed By / Shown By

Listing By

Agency Name: Serhant LLC
Agency Phone: 646-480-7665

Shown By

Agent Name: Anita Zaret
Agent Phone: (516) 448-4070 Cell
Agency Title: Howard Hanna | Coach Realtors

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 08/07/2026. The listing information on this page last changed on 08/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 08/07/2026 12:00:36 AM EST) or OneKey MLS (last updated Thu 08/06/2026 11:53:31 PM EST). Real estate listings held by brokerage firms other than Howard Hanna | Coach Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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