35 Salt Point Tpke Poughkeepsie, NY 12603
This exceptional investment opportunity presents a combined retail and multifamily property situated on approximately one acre of land at 35 Salt Point Turnpike in Poughkeepsie, New York. The property boasts an impressive 459+ feet of frontage along the highly trafficked Salt Point Turnpike, ensuring excellent visibility and accessibility. Its strategic location offers unparalleled convenience, placing it within minutes of Dutchess Community College, Marist College, and Vassar College, as well as the City of Poughkeepsie itself. Easy access to major transportation arteries, including Route 9 and the Taconic State Parkway, further enhances its appeal. The property is served by all municipal services, simplifying operations and reducing potential infrastructure concerns. The asking price for this versatile property is $110,000. The property's parcel number (APN) is 134689-6162-15-672477-0000, and the zip code is 12603. This location presents a compelling opportunity for investors seeking a high-traffic, strategically located property in a thriving area with strong educational and residential demographics. The combination of retail and multifamily potential allows for diverse income streams and development possibilities. Don't miss this chance to acquire a valuable asset in a desirable market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.