Selected Deals
42 River Street, Sleepy Hollow, NY 10591
42 River street is a 6,700 SF flex building overlooking the Hudson River and Governor Cuomo Bridge. It sits directly adjacent to the billion-dollar Toll Brothers “Edge on Hudson” mixed-use development. It is currently leased to a cannabis dispensary that is poised for explosive growth as cannabis sales begin to ramp up in New York. This asset will either be held long-term or will be exited in the coming years, depending on market trends and optimal return options for all investors.
457 Violet Avenue, Poughkeepsie, NY 12601
This 7,440 SF building was acquired in 2020 using creative seller financing and other debt structures. The property underwent significant renovations in multiple phases and is currently in the process of final upgrades due to tenant-specific needs. We have several notable tenants on-site, including the large franchise, Roto-Rooter, along with Fearless K9, a dog trainer known for working high profile canine owners.
1-3 Main Street Purdys, NY 10578
The purchase of this mixed-use property in 2017 helped the sellers settle a family estate. The property was strategically purchased utilizing a low down payment mortgage in order to maximize the cash-on-cash return for the owners. This property is fully stabilized with long term tenancy from the United States Postal Service, as well as other commercial and residential tenants.
3665 Albany Post Road, Poughkeepsie, NY 12601
After leasing to ShopRite temporarily and completing strategic capital improvements and site upgrades, this 6,270 SF industrial building was sold to an owner-user. This generated double digit returns for all investors and partners, after purchasing this asset for $450,000 in 2020 and selling for $995,000 in 2023. This acquisition was selected based on specific criteria, including its desirable location between Marist College and the Culinary Institute of America, as well as the large-scale mixed-used Hudson Heritage development project located less than one mile away.