50 E Dorsey Ln Poughkeepsie, NY 12601
This exceptional 39-acre parcel presents a unique investment opportunity in Poughkeepsie, New York. Located at 50 E Dorsey Lane, this pristine development land boasts a desirable location just 1 ½ miles from Route 9, offering convenient access to major transportation arteries. The property features a flat topography with minimal wetlands, although some attractive water features such as ponds and rivers are present. The existing zoning allows for a wide range of development possibilities, including single-family homes, townhomes, senior care facilities, manufactured home parks, apartments, and mobile home parks. The zoning permits ½-acre lots, providing flexibility for various project scales and densities. The property's proximity to prominent institutions further enhances its appeal. It is conveniently located near the Culinary Institute of America, Marist College, Dutchess Community College, Mid-Hudson Regional Hospital, and Vassar Brothers Medical Center, ensuring a strong potential market for residential and other developments. This expansive tract offers significant potential for developers seeking a versatile and strategically located site in a thriving community. The property is situated in Dutchess County, New York, with a zip code of 12601. The latitude and longitude coordinates are 41.746043 and -73.9052789 respectively. This is a rare opportunity to acquire a substantial land holding with significant development potential in a highly sought-after area.
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.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.