10 Eastman Terrace

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.

Overview

Property Status

For Sale

Lot Size

6,098 Sq.Ft.

MLS ID

1030135

Property Type

Commercial

Year Built

1900

Are you interested?

Schedule a Tour

or Contact

Jake Garay

(914) 772-2603 [email protected]

Sammy Vivace

(914) 281-2095 [email protected]

Features & Amenities

Total Area

4,488 Sq.Ft.

Neighborhood

Poughkeepsie

Architecture Styles

Row Dwelling

Stories

Water Source

Public

Utilities

Natural Gas Connected

Parking

Driveway, Off Street, Parking Lot

Heat Type

Baseboard, Natural Gas

Air Conditioning

None

Sewer

Public Sewer

School District

Poughkeepsie City

Sales Price

$950,000

Real Estate Tax

$15,377/yr

Zoning

R-3

Are you interested?

Schedule a Tour

or Contact

Jake Garay

(914) 772-2603 [email protected]

Sammy Vivace

(914) 281-2095 [email protected]

Schedule a Tour

We would love to help you see this beautiful home! As a full-service brokerage, we can help you tour. Please submit an offer, and answer questions about the buying process.

In Person

Via Video Chat

Your full name*

Your Phone*

E-mail Address*

Middle Name

I agree to be contacted by The Garay Team via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary. Privacy Policy.

Change time

Thank you

for your interest in 10 Eastman Terrace, Poughkeepsie, NY 12601

Browse Our

Featured Properties

For Sale

$24,875,000

213 Greenhaven Road, Poughquag, NY 12570

Courtesy of Serhant LLC
For Sale
$5,000,000

30 High Ridge Road, Warwick, NY 10990

Courtesy of Serhant LLC
- 3 Beds
- 6 Baths
- 6,668 Sq.Ft.
For Sale
$4,750,000

618 Quaker Hill Road, Pawling, NY 12564

Courtesy of Serhant LLC
- 8 Beds
- 13 Baths
- 15,000 Sq.Ft.
For Sale
$3,500,000

51 Redder Road, Pine Bush, NY 12566

Courtesy of Serhant LLC
- 8 Beds
- 4 Baths
- 15,000 Sq.Ft.
For Sale
$3,500,000

51 Redder Road, Pine Bush, NY 12566

Courtesy of Serhant LLC
- 15,000 Sq.Ft.
For Sale
$3,400,000

19 Greentree Lane, Chester, NY 10918

Courtesy of Serhant LLC
- 4 Beds
- 4 Baths
- 7,750 Sq.Ft.
For Sale
$3,200,000

95 Jersey Avenue, Greenwood Lake, NY 10925

Courtesy of Serhant LLC
- 5 Beds
- 4 Baths
- 5,920 Sq.Ft.
For Sale
$2,995,000

127 Boutonville Road, Pound Ridge, NY 10576

Courtesy of Serhant LLC
- 4 Beds
- 5 Baths
- 5,575 Sq.Ft.
For Sale
$2,800,000

2595 Rt-214, Hunter, NY 12442

Courtesy of Serhant LLC
- 3 Beds
- 2 Baths
- 1,777 Sq.Ft.
Coming Soon
Price Upon Request

2595 Route 214, Lanesville, NY 12450
- 3 Beds
- 2 Baths
- 1,777 Sq.Ft.
For Sale
$2,495,000

3 Leon Macglashan Road, Windham, NY 12496

Courtesy of Serhant LLC
- 8 Beds
- 4 Baths
- 3,350 Sq.Ft.
For Sale
$2,400,000

218 Carriage Way, Hyde Park, NY 12538

Courtesy of Serhant LLC
- 4 Beds
- 5 Baths
- 4,648 Sq.Ft.
For Sale
$2,150,000

44 Woodlands Trail, Clinton Corners, NY 12514

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 3,060 Sq.Ft.
Coming Soon
$2,000,000

212 Carriage Way, Hyde Park, NY 12538
- 4 Beds
- 5 Baths
- 4,648 Sq.Ft.
For Sale
$1,995,000

310 Mt Holly Rd, Katonah, NY 10536
- 7 Beds
- 6 Baths
- 3,300 Sq.Ft.
For Sale
$1,950,000

212 Carriage Way, Hyde Park, NY 12538

Courtesy of Serhant LLC
- 4 Beds
- 5 Baths
- 4,648 Sq.Ft.
For Sale
$1,875,000

15 Somers Hills Road, Carmel, NY 10512

Courtesy of Serhant LLC
- 4 Beds
- 6 Baths
- 5,460 Sq.Ft.
For Sale
For Sale
$1,799,999

3 Bristol Drive, Middletown, NY 10941
- 5 Beds
- 9 Baths
- 7,794 Sq.Ft.
For Sale
$1,700,000

5 - 7 Downer Lane, Woodstock, NY 12498

Courtesy of Serhant LLC
- 5 Beds
- 5 Baths
- 4,628 Sq.Ft.
For Sale
$1,500,000

169 Albany Avenue, Kingston, NY 12401

Courtesy of Serhant LLC
- 5 Beds
- 5 Baths
- 4,962 Sq.Ft.
For Sale
$1,380,000

19 Blues Quarry Road, Woodstock, NY 12498

Courtesy of Serhant LLC
- 4 Beds
- 4 Baths
- 2,613 Sq.Ft.
For Sale

$1,250,000

327 Phillips Road, Saugerties, NY 12477

Courtesy of Serhant LLC
For Sale
$1,200,000

5 Downer Lane, Woodstock, NY 12498

Courtesy of Serhant LLC
- 4 Beds
- 4 Baths
- 3,172 Sq.Ft.
For Sale
$1,195,000

101 Drake Road, Pleasant Valley, NY 12569

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,820 Sq.Ft.
For Sale
$999,000

116 Valleyview Road, Irvington, NY 10533

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,480 Sq.Ft.
For Sale
$999,000

531 State Route 32, Highland Mills, NY 10930

Courtesy of Serhant LLC
- 2,750 Sq.Ft.
For Sale
$950,000

10 Eastman Terrace, Poughkeepsie, NY 12601

Courtesy of Serhant LLC
- 4,488 Sq.Ft.
For Sale
$875,000

21 Woodland Lane, Palenville, NY 12463

Courtesy of Serhant LLC
- 3 Beds
- 2 Baths
- 2,028 Sq.Ft.
For Sale
$875,000

30 Coleman Drive, Campbell Hall, NY 10916

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,104 Sq.Ft.
For Sale
$865,000

25 Ridge Road, East Chatham, NY 12060

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,623 Sq.Ft.
For Sale
$850,000

136 Hudson Pointe Drive, Poughkeepsie, NY 12601

Courtesy of Serhant LLC
- 2 Beds
- 3 Baths
- 3,450 Sq.Ft.
For Sale
$850,000

1 Hiko Place, Fishkill, NY 12524

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,648 Sq.Ft.
For Sale
$800,000

985 Craigville Road, Chester, NY 10918

Courtesy of Serhant LLC
- 4 Beds
- 4 Baths
- 3,100 Sq.Ft.
For Sale
$699,000

9 Homestead Lane, New City, NY 10956
- 3 Beds
- 2 Baths
- 1,638 Sq.Ft.
For Sale

$695,000

83 Jansen Road, New Paltz, NY 12561
For Sale
$685,000

62 Riverview Mary Powell, Port Ewen, NY 12429

Courtesy of Serhant LLC
- 2 Beds
- 3 Baths
- 2,168 Sq.Ft.
For Sale
$675,000

189 Judith Drive, Stormville, NY 12582

Courtesy of Serhant LLC
- 4 Beds
- 3 Baths
- 2,282 Sq.Ft.
For Sale
$575,000

50 Horseshoe Road, Millbrook, NY 12545

Courtesy of Serhant LLC
- 3 Beds
- 3 Baths
- 2,480 Sq.Ft.
For Sale
$539,000

26 Bowdoin Lane, Wappingers Falls, NY 12590

Courtesy of Serhant LLC
- 4 Beds
- 2 Baths
- 1,596 Sq.Ft.
For Sale
$525,000

12 Talbot Drive, Pleasant Valley, NY 12569

Courtesy of Serhant LLC
- 3 Beds
- 2 Baths
- 1,928 Sq.Ft.
For Sale
$489,000

9 Rocky Road, Red Hook, NY 12571

Courtesy of Serhant LLC
- 2 Beds
- 2 Baths
- 2,132 Sq.Ft.
For Sale
For Sale
$379,900

54 Boulevard, Kingston, NY 12401

Courtesy of Serhant LLC
- 2 Beds
- 2 Baths
- 1,472 Sq.Ft.
For Sale
$129,900

6 Dove Court Unit: M, Croton-on-Hudson, NY 10520

Courtesy of Serhant LLC
- 1 Bath
- 500 Sq.Ft.
For Lease
$9,000/mo

45 Wolden Road, Ossining, NY 10562

Courtesy of Serhant LLC
- 5 Beds
- 5 Baths
- 4,290 Sq.Ft.
For Lease
$8,000/mo

5 Trinity Place, Cornwall, NY 12518

Courtesy of Serhant LLC
- 6 Beds
- 7 Baths
- 8,180 Sq.Ft.
For Lease
$4,275/mo

297 Tinker Street, Woodstock, NY 12498

Courtesy of Serhant LLC
- 2 Baths
- 3,600 Sq.Ft.
For Lease
$2,500/mo

46 N Gilmore Boulevard, Wappingers Falls, NY 12590

Courtesy of Serhant LLC
- 2 Beds
- 2 Baths
- 864 Sq.Ft.