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Multifamily

Riverview Condominiums - 11 Units

1, 3, 5, 7, 9, 11, 15, 19, 27 and 68 Gerald Dr, Poughkeepsie, NY 12601

Listing Price: $1,895,000

Cap Rate
6.50%
Number of Units
11
GRM
9.36
Price/Unit
$172,273

Investment Overview

Marcus & Millichap is pleased to exclusively represent ownership for the sale of a condominium package of 11 units in the Riverview Condominium complex. The package consists of units at the following addresses: 1, 3, 5, 7, 9, 11, 15, 19, 27and 68 Gerald Drive, Poughkeepsie, NY 12601.

The Riverview Condominiums is a complex of two story townhomes situated adjacent to The Mid Hudson Bridge and Kaal Rock Park, a waterfront park facing the Hudson River. The units have an open ?oor plan, lots of natural light and waterfront views of the Hudson. In addition, there is direct access to each of the units.

Units have hardwood ?oor, air-conditioning, walk-in closet, parking, and are in a private, quiet neighborhood, minutes from Vassar Brothers Medical Center, Marist and Vassar Colleges. Rent includes all except electricity. In addition, they are minutes from Metro North Poughkeepsie station.

Investment Highlights

  • Beautifully situated above the Hudson River
  • Located in a pristine, quiet and private neighborhood
  • Air conditioning and working fireplaces
  • Private parking with easy access to units
  • Minutes from Vassar Brothers Medical Center and Marist and Vassar Colleges
  • Minutes from Metro North Poughkeepsie station

Exclusively Listed By

Multifamily

Riverview Condominiums - 11 Units

Listing Price: $1,895,000

Cap Rate
6.50%
Number of Units
11
GRM
9.36
Price/Unit
$172,273

Investment Highlights

  • Beautifully situated above the Hudson River
  • Located in a pristine, quiet and private neighborhood
  • Air conditioning and working fireplaces
  • Private parking with easy access to units
  • Minutes from Vassar Brothers Medical Center and Marist and Vassar Colleges
  • Minutes from Metro North Poughkeepsie station

Investment Overview

Marcus & Millichap is pleased to exclusively represent ownership for the sale of a condominium package of 11 units in the Riverview Condominium complex. The package consists of units at the following addresses: 1, 3, 5, 7, 9, 11, 15, 19, 27and 68 Gerald Drive, Poughkeepsie, NY 12601. The Riverview Condominiums is a complex of two story townhomes situated adjacent to The Mid Hudson Bridge and Kaal Rock Park, a waterfront park facing the Hudson River. The units have an open ?oor plan, lots of natural light and waterfront views of the Hudson. In addition, there is direct access to each of the units. Units have hardwood ?oor, air-conditioning, walk-in closet, parking, and are in a private, quiet neighborhood, minutes from Vassar Brothers Medical Center, Marist and Vassar Colleges. Rent includes all except electricity. In addition, they are minutes from Metro North Poughkeepsie station.

Exclusively Listed By

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