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    68-74 Violet Ave Poughkeepsie, NY 12601

    Sponsored
    For Sale
    $2,500,000

    Prime NY location, 45,400 sq ft, $2.5M

    Property size:
    45,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional industrial property, encompassing 45,400 square feet across seven buildings on a 14.25-acre lot, presents a significant investment opportunity in Poughkeepsie, New York. Located at 68-74 Violet Ave and 10-30 Superior Way, this complex is ideally situated for distribution, manufacturing, or warehousing operations. The property benefits from its strategic location, just six minutes from the Mid-Hudson Bridge and eighteen minutes from the Taconic State Parkway (Exit 54). NYS Route 9G, a major thoroughfare, provides convenient access to nearby towns including Hudson, Rhinebeck, Hyde Park, and offers connections to the Rip Van Winkle Bridge. The site is zoned for heavy industrial use and enjoys a high traffic count of 11,248 vehicles daily on NYS Route 9G at Pendell Road. The asking price is $2,500,000, translating to $55.07 per square foot. This modified lease property offers a single tenancy arrangement, making it an attractive option for a variety of businesses seeking a substantial and well-located industrial space in the thriving Hudson Valley region. The property's size and location make it a compelling investment prospect. The zip code is 12601, and the property is located in Dutchess County.

    Property Features for 68-74 Violet Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    45,400 SF

    HighLights

    • $2,500,000 asking price for this industrial property.
    • 45,400 square foot building in Poughkeepsie, NY.
    • Modified lease terms available for a single tenant.
    • $55.07 per square foot.
    • Located at 68‑74 Violet Ave, Poughkeepsie, NY 12601.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Poughkeepsie
    County
    Dutchess
    State
    New York
    Longitude
    -73.9099756
    Latitude
    41.7201998

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    FAQs

    What type of property is this?
    Distribution property - Prime NY location, 45,400 sq ft, $2.5M
    Where is this distribution property located?
    The property is located at 68-74 Violet Ave Poughkeepsie, NY.
    What is the asking price?
    The asking price for this property is $2,500,000.
    What are key features of this property?
    This property features: $2,500,000 asking price for this industrial property.; 45,400 square foot building in Poughkeepsie, NY.; Modified lease terms available for a single tenant.
    Request Owner's contact information
    68-74 Violet Ave Poughkeepsie, NY 12601
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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
    68-74 Violet Ave Poughkeepsie, NY 12601
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