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    2042 Route 44, Unit 2038 Pleasant Valley, NY 12569

    New
    For Sale
    $4,250,000

    MULTI_FAMILY - Pleasant Valley, NY

    Lot size:
    1.10 Acres
    Days on Market:
    2
    Last Refresh:
    Dec 6 at 4:06 pm

    Property Features for 2042 Route 44

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Parking Lot
    Lot size
    1.10 Acres

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Electric (Heating), Oil
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Well

    Building Details

    Year built
    1950
    Number of units
    24
    Building materials
    Frame

    Laffey International Realt Estate (516) 308-0550 [email protected]

    Listing agent Anna Traina (631) 609-0611

    Listing date Dec 5, 2025

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Pleasant Valley Multifamily Investment Opportunity

    This is an opportunity to acquire a fully stabilized 24-unit multifamily investment property in Dutchess County. Known as Pleasant Valley Gardens, the property is situated on 1.1 acres along Route 44. The turnkey property includes three buildings featuring 14 studio apartments and 10 one-bedroom units, offering a total of 14,350 square feet. The complex is 100% occupied with in-place rents and upside potential. Amenities include a paved parking lot for tenants, professional landscaping, and a long-term tenancy mix. The property is located minutes from Poughkeepsie and major commuter routes such as the Taconic State Parkway. It offers both income stability and growth trajectory.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Building Supply Auto Repair Shop Nail Salon Pharmacy Auto Parts Store Kitchen & Bath Food Market Storage Facility HVAC Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pleasant Valley
    County
    Dutchess
    State
    New York
    Longitude
    -73.7863513
    Latitude
    41.7576196

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied 24-unit multifamily property in Dutchess County, NY.
    Where is this apartment building located?
    The property is located at 2042 Route 44, Unit 2038 Pleasant Valley, NY.
    What is the asking price?
    The asking price for this property is $4,250,000.
    What are key features of this property?
    This property features: - Fully stabilized 24-unit multifamily investment property.; - 100% occupied with strong in-place rents.; - Located in a desirable submarket of Dutchess County near Poughkeepsie and major commuter routes (Taconic State Parkway).
    (631) 609-0611
    Request Owner's contact information
    2042 Route 44, Unit 2038 Pleasant Valley, NY 12569
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2042 Route 44, Unit 2038 Pleasant Valley, NY 12569
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