Historic Religious Campus with Three
4408 Albany Post Road Hyde Park, NY 12538
4408 Albany Post Road, Hyde Park, NY, 12538
$750,000
For Sale
$750,000
COMMERCIAL - Hyde Park, NY
Property Size2,376 SF
Lot Size1.98 Acres
Price / SF$315.66
Days on Market9
Property Features for 4408 Albany Post Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CC
- Rooms
- Basement
- Parking features
- Parking Lot
- Security features
- Security System
- Basement
- Unfinished, Partial
- Appliances
- Freezer, Refrigerator, Oil Water Heater
- Standard status
- Active
- APN
- 133200-6065-04-822329-0000
- Lot size
- 1.98 Acres
Taxes and HOA fees
- Tax Year
- 2026
Utilities
- Sewer type
- Septic Tank
- Heating system
- Oil, Forced Air
- Cooling system
- Window Unit(s), Wall/Window Unit(s)
- Water source
- Public
Building Details
- Year built
- 1824
- Building materials
- Frame
Listing agency
KW MidHudson
(914) 962-0007
Listed by
Don Minichino · License #10401333542
(845) 242-4381
Added: Jul 15 Updated: Jul 21 at 3:44AM Checked: Jul 23 at 2:06AM
MLS# 1028458
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This historic religious/institutional campus consists of three connected buildings: Fellowship Hall (built in 1824 and seating for 200, with a functional historic organ), a late-1800s Rectory with three stories, and a mid-1900s Cafeteria with a full kitchen that includes an Ansul hood system and ranges. The buildings are heated by oil furnace and cooled using a combination of window and wall units. Over the years, upgrades include roof, siding, furnaces, paint, and flooring.
The property is in CC zoning. The sale also includes the separate 4400 Albany Post Road updated single-story 2,376 SF retail/office building, which is currently leased on flexible terms, and a historic cemetery split between the two parcels.
The highest and best use is described as continued religious/institutional use, primarily due to New York State requirements for maintenance of the graveyard in perpetuity.
The property is in CC zoning. The sale also includes the separate 4400 Albany Post Road updated single-story 2,376 SF retail/office building, which is currently leased on flexible terms, and a historic cemetery split between the two parcels.
The highest and best use is described as continued religious/institutional use, primarily due to New York State requirements for maintenance of the graveyard in perpetuity.
Key Highlights
- Historic 200‑year‑old site with three connected buildings: Fellowship Hall (built 1824), Rectory (late 1800s), and Cafeteria (mid 1900s).
- Fellowship Hall built 1824 seats 200 and includes a functional historic organ.
- Cafeteria has a full kitchen with an Ansul hood system and ranges.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $65.0k | $27.36 |
| − Vacancy | −$14.3k | −$6.02 |
| EGI | $50.7k | $21.34 |
| − OpEx | −$12.7k | −$5.34 |
| NOI | $38.0k | $16.01 |
2,376 SF · lease $27.36/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$543.3K
$475.4K – $633.8K
NOI $38,029 @ 7.0% cap · market cap 5.07%
Second Best
Retail
$434.3K
$380.0K – $506.7K
NOI $30,401 @ 7.0% cap · market cap 4.05%
Theoretical Best
Office A
$715.2K
$625.8K – $834.4K
NOI $50,065 @ 7.0% cap · market cap 6.68%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Hyde Park Reformed ...
Church
Similar For Sale Nearby
FAQs
What type of property is this?
Church & religious facility - Historic campus with three connected buildings and oil heat, plus an additional leased retail/office building included in the sale.
Where is this church & religious facility located?
The property is located at 4408 Albany Post Road Hyde Park, NY.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Historic 200‑year‑old site with three connected buildings: Fellowship Hall (built 1824), Rectory (late 1800s), and Cafeteria (mid 1900s).; Fellowship Hall built 1824 seats 200 and includes a functional historic organ.; Cafeteria has a full kitchen with an Ansul hood system and ranges.
