12 South Hamilton Street
Poughkeepsie, NY
Acquired 2-story, 8,000 SF vacant warehouse in August 2013
Sponsorship completed project and stabilized building in June 2017
Owners financed project with construction loan from Community Preservation Corp.; permanent loan closing was in November 2017
Converted building into mixed-use property consisting of two ground-floor retail storefronts plus nine 1-BR apartments
Fully-attended, full-service laundromat on-site
Five of nine apartments master leased to Hudson River Housing
Property has been 100% throughout 2025