Search
Vacant Four-Unit Multifamily Building
For Sale
$439,999

234 Lakeshore Dr, Pleasant Valley, NY 12569

Vacant four-unit property with private parking and outdoor living spaces, ready for immediate renovation planning.

Property Size3,420 SF
Days on Market49

Property Features for 234 Lakeshore Dr

General Information

Standard status Active
Size 3,420 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $9,000

Building Details

Building Size 3,420 SF
Year Built 1920
Units 4
Listing Agency: COMPASS GREATER NY, LLC
Listed By: Joseph Lukic
Source: Elliman
Added: Jun 22 Changed: Aug 7 Last Checked: Aug 9 at 6:51AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of COMPASS GREATER NY, LLC

Investment Insights

Based on property information with market context.

This vacant four-unit multifamily building (quadplex) is delivered completely empty, allowing an owner to begin renovations right away without coordinating around existing tenants. The property provides private tenant parking and individualized outdoor areas for residents. Improvements include a covered front porch for one unit, a lower-level covered patio, and an upper-level terrace/balcony, creating distinct private outdoor space for each household.

The asset is located at 234 Lakeshore Drive in Pleasant Valley, Dutchess County. It is described as convenient to major routes, with proximity to U.S. Route 44 (about 2 minutes) and the Taconic State Parkway (under 7 minutes). Additional travel references in the remarks include quick access to the Route 9 corridor, the Mid-Hudson Bridge, and the Poughkeepsie Metro-North Station with service to Grand Central Terminal, plus downtown Pleasant Valley shops and dining just moments away. The area also includes nearby recreation and destinations such as Freedom Park, the Walkway Over the Hudson, James Baird State Park, Millbrook Vineyards & Winery, and Mill House Brewing Company.

With four separate units and dedicated outdoor space, the building can fit a range of residential income strategies, including tenant mixes suited to commuters and student or faculty housing given the noted proximity to Vassar College, Marist University, Dutchess Community College, and the Culinary Institute of America. The remarks also place the property within the Arlington Central School District and near major medical and employment hubs, supporting a practical rental-oriented use case for qualified buyers and operators.

Key Highlights

  • Four‑family property built in 1920, currently completely vacant and ready for immediate renovation planning
  • Includes private tenant parking for residents
  • Unit outdoor spaces include a covered front porch, a lower‑level covered patio, and an upper‑level terrace/balcony

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency HVAC Service Hair Salon (Bike/Boat/Book/etc) Store Kitchen & Bath Showroom Bakery

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

59
Businesses Nearby

Demographics for 12569, NY

10,177
Population
4,266
Households
2.4
Avg Household Size
44
Median Age
39%
College-Educated
96%
High-School Grad
33.3 sq mi
ZIP Area
306
Density / Sq Mi
$113,902
Median Household Income
$57,791
Median Earnings
$1,925
Median Rent
$349,900
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - Vacant four-unit property with private parking and outdoor living spaces, ready for immediate renovation planning.
Where is this quadplex located?
The property is located at 234 Lakeshore Dr Pleasant Valley, NY.
What is the asking price?
The asking price for this property is $439,999.
What are key features of this property?
This property features: Four‑family property built in 1920, currently completely vacant and ready for immediate renovation planning; Includes private tenant parking for residents; Unit outdoor spaces include a covered front porch, a lower‑level covered patio, and an upper‑level terrace/balcony
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message