Two-Unit Storefront
For Sale
$499,000
43 Violet Avenue, Poughkeepsie, NY 12601
One space is vacant, while the other operates as an ice cream shop with a full kitchen.
Property Size2,992 SF
Price / SF$166.78
Days on Market138
Property Features for 43 Violet Avenue
General Information
Standard status
Active
Size
2,992 SF
Total Parking Spaces
15
Property subtype
Commercial
Zoning
BN
Site & Location
Traffic Count
7,500 vehicles/day
Highway Access
Yes
Additional Details
Furnished
Yes
Equipment Included
Yes
Currently Operating
Yes
Taxes and HOA fees
Annual Taxes
$8,673
Building Details
Building Size
2,992 SF
Listing Agency:
Win Morrison Realty
(845) 339-9999
Listed By:
Winton J Morrison · License #37MO0764882
(914) 388-3334
Source:
Croninreale
Added: Jun 15
Changed: Oct 25
Last Checked: Oct 29 at 6:44PM
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 Win Morrison Realty
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Investment Insights
Based on property information with market context.
The 2,992-square-foot storefront property at 43 Violet Avenue has two units. One is vacant, and the other is occupied by an ice cream shop with a full kitchen. Furniture, fixtures, and equipment are included in the sale. Recent work includes the roof, siding, electrical system, and paved parking area, which accommodates 15+ vehicles. The property is zoned BN.
Route 9, Route 55, and Route 44 provide access to the site. Daily traffic on those routes is reported at 7,500+ vehicles.
Route 9, Route 55, and Route 44 provide access to the site. Daily traffic on those routes is reported at 7,500+ vehicles.
Key Highlights
- Two storefront units totaling 2,992 square feet
- One unit is vacant; the other is an ice cream shop with a full kitchen
- Furniture, fixtures, and equipment are included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,283
Cap Rate
7.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,660
$765.7K
Cap Rate 7%
$546,900
$546.9K
Cap Rate 9%
$425,367
$425.4K
Market Conditions
NOI Build-Up for 2,992 SF
Gross rent
$57.1K $19.08/SF
− Vacancy
−$2.4K −$0.80/SF
EGI
$54.7K $18.28/SF
− OpEx
−$16.4K −$5.48/SF
NOI
$38.3K $12.80/SF
Area
Dutchess County, NY
Vacancy
4.20%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$765,660
Cap Rate 7%
$546,900
Cap Rate 9%
$425,367
Alternative Uses
Best Use
Retail
$546.9K
$478.5K – $638.1K
NOI $38,283 @ 7.0% cap · market cap 7.67%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$900.6K
$788.1K – $1.05M
NOI $63,045 @ 7.0% cap · market cap 12.63%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
7,500 VPD
Traffic count
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
275
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12601, NY
44,264
Population
17,972
Households
2.5
Avg Household Size
35
Median Age
30%
College-Educated
88%
High-School Grad
18.3 sq mi
ZIP Area
2,419
Density / Sq Mi
$64,769
Median Household Income
$37,259
Median Earnings
$1,376
Median Rent
$275,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Similar Off Market Nearby
- Flower Barn — 261 Violet Ave, Poughkeepsie, NY 12601
Frequently Asked Questions
What type of property is this?
Storefront property - One space is vacant, while the other operates as an ice cream shop with a full kitchen.
Where is this storefront property located?
The property is located at 43 Violet Avenue Poughkeepsie, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: Two storefront units totaling 2,992 square feet; One unit is vacant; the other is an ice cream shop with a full kitchen; Furniture, fixtures, and equipment are included
