Map of Property

1088-1092 Violet Ave

For Sale

1088 1092 Violet Ave, Hyde Park, NY 12538

This Hyde Park property for sale is located at 1088 1092 Violet Ave. The current listed sale price for 1088-1092 Violet Ave is $1,400,000. 1088-1092 Violet Ave is situated on a lot that is 5.45 acre in size.

Contacts

broker

Jeff Wright

Northeast Private Client Group

(203) 307-1581

Property Details

  • Property Type Multi-Family
  • Units 33
  • Lot Size 5.45 Acre
  • Year Built 1950
  • Date Updated Mar 8, 2024
Hyde Park is located 90 minutes north of NYC and 15 minutes north of Poughkeepsie in the Hudson Valley.Northeast Private Client Group is pleased to exclusively present for sale 1088-1092 Violet Avenue. The Property consists of a total of 18 pads (11 Trailers owned by the seller, 7 pads only lot rent), 14 cabins, and 1 house for a total of 33 Units on 5.45 acres of land. The property provides an opportunity to purchase a high cap rate community with significant upside. A new owner would benefit from replacing the older trailers with newer units to capture market lot rents, along with site work such as paving the driveway.

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Highlights

  • High Cash Flow Opportunity
  • 10.04% Year 1 Cap Rate
  • Recent Cap Ex
  • Siding and Renovating Cabins
  • Value-Add Opportunity
  • 12.19% Pro Forma Cap Rate

Getting around

  • 26/100

    Walk Score ®

  • 31/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Hyde Park, NY
  • Neighborhood Haviland
  • Zip Code 12538
  • Market White Plains

Points of Interest

  • West Dorsey Lane & Route 9 (CIA)

    3.10 miles

  • Reliable Taxi

    5.36 miles

  • Poughkeepsie

    5.68 miles

  • Stop & Shop

    6.19 miles

  • Rhinecliff-Kingston

    9.47 miles

  • Mobil gas station

    0.10 miles

  • Sunoco Gas Station

    1.04 miles

  • Stop and Shop Gas Station

    1.98 miles

  • Valero

    3.14 miles

  • Speedway

    3.28 miles

  • Mobil

    4.29 miles

  • Mobil

    4.77 miles

  • Speedway

    5.65 miles

  • Gulf

    6.00 miles

  • Sunoco

    6.12 miles

  • Faculty Parking

    2.95 miles

  • Anton Plaza

    3.08 miles

  • Lot D

    4.00 miles

  • Lot C

    4.05 miles

  • Highland Park & Ride

    4.08 miles

  • Lot A

    4.37 miles

  • Lot E

    4.41 miles

  • Lot B

    4.45 miles

  • Lot F

    4.50 miles

  • Morgan Lake Trailhead

    4.85 miles

  • Quality Inn Hyde Park - Poughkeepsie North

    1.24 miles

  • Village Square Motel

    1.26 miles

  • Super 8

    4.19 miles

  • Highland Motel

    5.48 miles

  • Poughkeepsie Grand Hotel

    5.71 miles

  • Atlas Motor Lodge

    5.93 miles

  • Alumnae House

    6.68 miles

  • Rodeway Inn & Suites

    7.23 miles

  • Holiday Inn Express

    7.63 miles

  • Econo Lodge

    7.84 miles

  • Stop and Shop

    1.94 miles

  • ShopRite

    4.10 miles

  • Alex Food and Grocery II

    5.63 miles

  • Roy's Tropical & American Food Store

    5.67 miles

  • Tropical Fresh

    5.94 miles

  • Super Stop & Shop

    6.15 miles

  • Casa Latina

    6.16 miles

  • Associated Supermarket

    6.22 miles

  • Kmart

    6.23 miles

  • Big Lots

    6.25 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jeff Wright

Northeast Private Client Group

(203) 307-1581