City-Owned Property Sales
The City of Poughkeepsie City-Owned Property Sales division offers purchasing opportunities of City-owned property, which focus on community development and owner occupancy.
The presentation of this list shall not constitute an offer to sell the properties listed thereon. The city, in its sole discretion and for any reason, may withdraw any such properties from this list and additionally, all prices are subject to change at any time.
Unless otherwise stated, properties are conveyed to the purchaser with a quitclaim deed. The purchaser is responsible for clearing title along with any costs related to that process. In cases where a property is offered with marketable title, a charge for costs incurred by the city, including a reasonable administrative fee, will be added to the sales price.
Once an offering price is accepted by the Common Council, purchasers agree that they shall not use that price as a reason to grieve or otherwise contest the assessed value of the premises for purposes of real property taxation.
Some properties may not be safe for interior viewing by the public. When access is permitted, a “Hold Harmless Agreement” will be required to be signed. The City reserves the right to make that determination at any time. In those cases, a written description of building conditions will be prepared by City staff, with photographs when possible.
In the sale of city-owned properties, the City of Poughkeepsie is focusing on community development, commitment and owner-occupancy. To accomplish these goals, we have established the following sales guidelines:
All one and two family houses and building lots zoned for one and two family houses will be sold only to owner-occupants or organizations that will rehabilitate the property for the sole purpose of selling the house to an owner-occupant. Houses that need extensive rehabilitation will not be offered directly to an owner-occupant unless the prospective purchaser has previous experience and financial capacity to undertake the work.
Multi-family and commercial buildings will be sold to investor/developers who possess some combination of the following: a demonstrated history of community involvement; a record of quality real estate development; a record of good property management; capacity to undertake and complete the project in the stated time frame; and proof of financial capacity to perform; good credit history; and a clean record with the City of Poughkeepsie.
When there are properties and/or desired uses that do not fit the sales guidelines above, development plans will be reviewed on a case-by-case basis.