Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    19 S Cross Road Hyde Park, NY 12580

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $850,000

    Land totaling 76.56 acres, possible 26 lot subdivision.

    Added:
    May 1, 2025
    Days on Market:
    352
    Last Refresh:
    Mar 16 at 9:09 am

    Property Features for 19 S Cross Road

    General Information

    Standard status
    Active

    We can help!

    Listing Contact
    GRAZIANO TASSONE

    Listing agent GRAZIANO TASSONE

    Listing office TASSONE REALTY CORP.

    Listing date May 1, 2025

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of TASSONE REALTY CORP.

    Overview

    76.56 Acres in Hyde Park

    The property consists of 76.56 acres of land in Hyde Park, New York. It comprises two parcels, one of 33.56 acres and another of 43 acres (parcel # 104952). Engineering work has been initiated, suggesting a potential for a 26-lot subdivision with access to town water.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Restaurant Dental Office Department Store Food Market Storage Facility Discount Store Electronics & Wireless Store Clothing & Fashion Store (Bike/Boat/Book/etc) Store Veterinary Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hyde Park
    County
    Dutchess
    State
    New York
    Longitude
    -73.926
    Latitude
    41.8343

    Nearby Similar for Sale

    • $850,000

      Full-Service Auto Repair Facility

      Established auto repair shop with strong income potential in Hyde Park.
      811 Violet Avenue, Hyde Park, NY 12538
      View Details
    • $210,000

      Hyde Park Land with Tower

      Land parcel with existing tower, zoned for public utility.
      509 Route 9G, Hyde Park, NY 12538
      View Details
    • $750,000
      11,983 SF

      Historic Religious Facility with Retail

      200-year-old religious site with retail/office building for sale.
      4408 Albany Post Road, Hyde Park, NY 12538
      View Details
    • $500,000

      Expansive Land in Hyde Park

      76+ acre parcel with subdivision potential in Hyde Park.
      149 S Quaker Lane, Hyde Park, NY 12538
      View Details
    • $850,000

      Full-Service Auto Repair Facility

      Established auto repair shop with strong income potential and equipment.
      811 Violet Avenue, Hyde Park, NY 12538
      View Details
    • $90,000

      Buildable Lot in Hyde Park

      One-acre buildable lot in established Hyde Park neighborhood.
      11 White Birch Road, Hyde Park, NY 12538
      View Details
    • $2,650,000
      7,560 SF

      Versatile Building in Hyde Park

      7,560 SF building suitable for various commercial uses.
      10 Boice, Hyde Park, NY 12538
      View Details
    • $750,000
      2,376 SF

      Historic Religious Facility with Retail

      200-year-old religious facility with retail/office building for sale.
      4408 Albany Post Road, Hyde Park, NY 12538
      View Details
    • $5,900,000
      88,876 SF

      Hudson Valley Retreat and Conference Center

      75-acre campus with 23 buildings in Hyde Park, NY.
      200 Cardinal Road, Hyde Park, NY 12538
      View Details
    • $125,000

      Hyde Park Land Opportunity

      Four-lot subdivision near Rhinebeck, each lot over one acre.
      151 S Quaker Lane, Hyde Park, NY 12538
      View Details
    • $125,000

      Hyde Park Subdivision Land

      Four-lot subdivision near Rhinebeck, each lot over one acre.
      153 S Quaker Lane, Hyde Park, NY 12538
      View Details
    • $125,000

      Hyde Park Subdivision Land

      Four-lot subdivision near Rhinebeck, each lot over 1 acre.
      155 S Quaker Lane, Hyde Park, NY 12538
      View Details

    FAQs

    What type of property is this?
    Land - Land totaling 76.56 acres, possible 26 lot subdivision.
    Where is this land located?
    The property is located at 19 S Cross Road Hyde Park, NY.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: 76.56 acres total land size.; Possible 26 lot subdivision.; Town water access.
    (845) 896-4400
    We can help!
    Listing Contact
    GRAZIANO TASSONE
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!