1088-1092 Violet Ave Listing Details & Market Data

1088 1092 Violet Ave, Hyde Park, NY 12538

  • For Sale $1,400,000
  • 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

Contacts

broker

Jeff Wright

Northeast Private Client Group

(203) 307-1581

Location

Getting Around

  • Walk Score ®

    Car-Dependent (26)
  • Bike Score ®

    Somewhat Bikeable (31)
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  • 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

  • McDonald's

    1.00 miles

  • Hyde Park Pizza

    1.02 miles

  • Eveready Diner

    1.14 miles

  • Dairy Queen

    1.19 miles

  • Dunkin' Donuts

    1.94 miles

  • American Bounty Restaurant

    3.02 miles

  • The Bocuse Restaurant

    3.02 miles

  • Apple Pie Bakery Café

    3.03 miles

  • Ristorante Caterina de' Medici

    3.07 miles

  • Touch of Naples

    3.22 miles

  • Smith School

    0.88 miles

  • Ralph R Smith School

    0.91 miles

  • Haviland Middle School

    1.07 miles

  • Hyde Park Elementary School (closed)

    1.14 miles

  • Millennial Kingdom Family School

    1.43 miles

  • Eymard Seminary

    1.44 miles

  • Saint Gabriels School

    2.35 miles

  • North Park Elementary School

    2.47 miles

  • Mother Cabrina School

    2.47 miles

  • Franklin D Roosevelt Senior High School

    2.77 miles

  • Greenspan Day Care Center

    4.44 miles

  • St. Francis Hospital Daycare Center

    8.87 miles

Contact Listing Broker

broker

Jeff Wright

Northeast Private Client Group

(203) 307-1581