Calling all investors and developers. Excellent development opportunity consisting of 2 homes and 8700 sf of storage/warehouse space situated on 3.49 subdividable acres. Offering is for 2 parcels which include 23 Cedar Ave and 9 Austin Court. Just minutes to Metro North train station and 70 miles from NYC this prime southside Poughkeepsie location is adjacent to 500 acres of Vassar Farms. Concept plans for an 8 lot subdivision are available. Other possible development options include condos,cluster housing, single family homes, nursery, preschool educational establishment, day care center, house of worship,golf, tennis or swimming clubs,family day-care homes, agency group homes, agency community residences or family care homes,libraries, museums and/or art galleries. Convenient location to Vassar College, Marist College, CIA, Vassar Brothers Medical Center, Mid Hudson Regional Hospital , IBM, Shopping, 5 Star Restaurants , waterfront and major commuter highways. Great 1031 exchange option. Prime site for redevelopment or continue to use as rental income with city approval. Bring your vision and join the future growth and development of the City of Poughkeepsie.