Property profile

2567 Rte 55 Poughquag, NY 12570

OFF-MARKET
Investment properties
Property ID
US63-2775931
2,150 SF 1.1 ac lot Built 1950
Individually Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property at 2567 Route 55, Poughquag, NY, presents a unique investment opportunity. The 2,150 square foot building sits on a level 1.1-acre lot and boasts three distinct units, each with its own private entrance and utilities. Two ground-floor commercial spaces offer flexibility for a variety of businesses, while a spacious two-bedroom apartment on the second floor provides additional income potential or owner-occupied housing. The property's location on Route 55 ensures high visibility and traffic, making it ideal for retail, office space, or personal services. Ample parking is currently available, with room for expansion on the expansive lot. The existing floor plan allows for customization and adaptation to suit specific business needs. This property is perfect for entrepreneurs seeking to establish their business while simultaneously generating rental income. The ease of access and high-traffic location make this a truly compelling investment opportunity in a desirable area. The property's versatility and potential for future development make it an attractive option for both short-term and long-term growth. Don't miss this chance to own a thriving commercial and residential property in a prime location. The asking price is $569,000.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1950
Total area 2,150 SF
Lot 1.1 ac (47,916 SF)
Zoning code TC
APN 132200 6759-00-685241-0000
UPID US63-2775931

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

2567 Rte 55 Poughquag, NY 12570-5106
Poughquag metro Census 20004 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$225k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$195k

Owner & transaction history

since 2020
Last sale
$229,900
2 recorded transactions
2020
$230,000
2018
$557,374

Zoning & alternative use

TC · Poughquag, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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