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194 Church Street

$1,900,000

Est. $10,142/mo

Poughkeepsie, NY 12601 · Dutchess County

Status
Active
On site
178 days

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About this home

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.

Listed with K. Fortuna Realty, Inc. · Ginalea Healy · Source: OneKey MLS

One Key MLS

Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Sep 18, 2026, 8:07 AM ET. ©2026 One Key MLS.

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Estimate your mortgage payment, including the principal and interest, taxes, insurance, HOA, and Private Mortgage Insurance.

$10,142.23Total / mo

Estimated Monthly Payment

Principal & interest
$9,358.90 (92.3%)
Taxes
$583.33 (5.8%)
Insurance
$200.00 (2.0%)

Representative rates

Representative rates only, indicative for comparison. Edit the interest rate for your own quote; your lender’s numbers vary with credit, points, and insurance.

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Market Insights

The market around Poughkeepsie, NY

Current Listings

New in the last 30 days

96

Sep 2026

Average Price

Active listings

$493,473

Sep 2026

Average Days on Market

Active listings

98 days

Sep 2026

Computed from 413 active OneKey MLS listings in Poughkeepsie, NY.

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