18 Dorland Avenue, Poughkeepsie, NY 12603
sale
$679,975
|
Other
Courtesy Of Valley Palms Real Estate, Inc.
A Rare, High-Upside Development Opportunity: Unlock the Full Potential of 18 Dorland Avenue. is unequivocally one of the most compelling redevelopment parcels to hit the Dutchess County market in years. This 1.65-acre site, strategically zoned Residential Multi-Family (RM), offers a unique blend of scale, flexibility, and location that is virtually unmatched in the current market. Whether you are a seasoned developer, institutional investor, or visionary owner-user, this property is engineered for value creation and rapid appreciation in a region where demand for quality housing and specialized facilities continues to outpace supply. Property Overview: Lot Size: 1.65 acres (approx. 70,567 sq. ft.) Zoning: Residential Multi-Family (RM) Permitted Yield: Up to 10 units by right; potential for more with variance Building Height: Up to 40-45 feet Sewer Access: Available from Durocher Terrace and Dorland Avenue School District: Arlington Central Existing Structure: Condemned 3-bed, 2-bath home with indoor pool (not accessible) Other Permitted Uses: Childing or Adults day care, hospitals, nursing homes, alternate care housing, public utility structures Utilities: Public water, electric, trash collection available Taxes (2025): $6,008.00 Highlights: Prime infill location in a high-demand, supply-constrained corridor Flexible RM zoning supports multifamily, healthcare, and institutional uses Level, easily buildable site with dual sewer access-minimizing infrastructure costs Immediate access to major retail and transit. Strong demographic and rental fundamentals in Dutchess County's most resilient submarket. Zoning & Permitted Uses: Residential Multi-Family (RM) District The RM zoning designation at 18 Dorland Avenue is a developer's dream, offering both density and flexibility. By right, the parcel supports the construction of up to 10 residential units, with a maximum building height of approximately 40-45 feet-ideal for a boutique apartment building, townhome cluster, or stacked flats. Permitted Uses Include: Multifamily dwellings (up to 10 units; potential for more with variance) Family day care homes (subject to S210-65) Hospitals, nursing homes, and alternate care housing (subject to S210-91) Public utility structures (subject to S210-96) Key Zoning Advantages: Density: 10 units on 1.65 acres equates to ~6 units/acre-well-suited for mid-density multifamily or specialized residential Height: 40-45 feet allows for three to four stories, maximizing rentable square footage and design flexibility Alternative Uses: Healthcare, day care, and utility infrastructure permitted, expanding the buyer pool and exit strategies Variance Potential: Developers seeking higher density may pursue a variance for up to 20 or even 30 units, subject to municipal approval and parking requirements. Recent precedent in the area suggests that well-conceived projects with strong community benefit have a favorable path through the entitlement process.
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Property Features
- Age: Over 50 Years Old
- Building Units: 10
- Cooling System: Varies by Unit
- Heating System: Oil
- MLSID: 1037657
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