Unless you're sacrificing valuable landscaping/recreation area, there's really no downside to having additional parking if it pencils out, regardless of what you end up doing with the property.

Prime Location: Waterfront properties offer unparalleled views and access to recreational activities, making them highly desirable for vacationers.Strong Rental Demand: With the rise of vacation rental platforms, waterfront condos often experience high occupancy rates and attractive rental income potential.Appreciation Potential: Waterfront real estate tends to hold its value well over time, offering the potential for long-term appreciation.Vacation Rental Income Strategies:Marketing Tactics: How do you attract and retain vacation renters for your waterfront condo?

And it's still one of the least expensive areas of the state to live in so I think STRs are plausible and fairly insulated from seasonality since we have year round recreation.

These typically are the largest users of travel medical professionals.

Maybe you can find a flat piece of land and develop a truck and recreational lot for the HOA communities that don’t allow 18 wheelers or RVs to be parked within the community.

I read something that said only a single co-op through one of the largest nationwide non-profits facilitating them happened in 2023. 

I know nothing about investing in buildings this large as the largest I own or have owned is a 2 unit duplex.

While such disparities can be due to a variety of causes, residents in these cities had economic tailwinds to help them through recent cost of living increases.To see where income increased most, SmartAsset examined Census Bureau data for 124 of the largest cities in the country and ranked them by the size of income changes between 2019 and 2021.

I have seen people rent their land for recreational activities (hunting, RV-ing, etc.) and also set up "glamping" camp grounds and make bank from short term vacation renters.

I lived in neighboring town of Poughkeepsie called Town of Lloyd - Highland, NY 12528 for more than 19 years its a nice and safe neighborhood with good school district, worlds largest walk-way over Hudson river, lots of trails, golf, biking, scenic drives with good hospitals in 5 miles radius namely: Nuvance Health Vassar Brothers Medical Center, MidHudson Regional Hospital, Saint Francis Medical, Health Quest Home Care and others...The latest addition which is getting constructed is The Village in Highland, NY - Assisted living facility.