old Hudson Turnpike

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old Hudson Turnpike

Canaan, NY 12029
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The site encompasses 8.57 acres of commercial land.
  • Property is situated directly on Old Hudson Turnpike.
  • Located in Canaan within Columbia County, New York.
  • Ideal for diverse commercial development and business use.
  • Accessible location connecting Hudson Valley to Berkshire County.

What's Special

This commercial land spans 8.57 acres along Old Hudson Turnpike in Canaan, New York. Positioned within Columbia County, the site benefits from the rural character of the region while maintaining accessibility to broader regional transit corridors. The expansive acreage provides significant flexibility for developers and investors evaluating site-specific projects in this growing market area. Given the local zoning and physical layout, the parcel is well-suited for a variety of commercial applications, including regional distribution, specialized retail, or service-oriented business operations that require proximity to major thoroughfares. Canaan is situated in a strategic location that connects the Hudson Valley to the Berkshires, drawing consistent traffic from nearby residential centers and recreational travelers. This property represents a substantial land holding in an area that balances natural surroundings with functional utility for businesses. Investors looking for a foothold in the Upstate New York market will find this location an efficient option for long-term development strategies or specialized commercial ventures.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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