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    Spacious Two-Family Home in Hyde Park Title is generated by Realmo AI

    18 W Market Street, Hyde Park, NY 12538

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    Claim this Listing
    For Sale
    $375,000

    MULTI_FAMILY - Colonial, Victorian - Hyde Park, NY

    Property size:
    1,700 SF
    Lot size:
    0.30 Acres
    Price / SF:
    $220/SF
    Added:
    May 21, 2026
    Days on Market:
    47
    Last Refresh:
    Jul 6 at 8:06 am

    Property Features for 18 W Market Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Bedrooms
    4
    Bathrooms
    2
    Rooms
    Bedroom 1, Bedroom 3, Bathroom 1, Basement, Bathroom 2, Bedroom 2, Bedroom 4
    Parking
    5
    Parking features
    Driveway, Garage
    Interior features
    Washer/Dryer Hookup
    Basement
    Partial
    Standard status
    Active
    APN
    133200-6065-16-775275-0000
    Size
    1,700 SF
    Lot size
    0.30 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    7101

    Utilities

    Sewer type
    Septic Tank
    Heating system
    Natural Gas, Baseboard
    Water source
    Public

    Building Details

    Year built
    1831
    Number of units
    2
    Flooring type
    Hardwood
    Building materials
    Frame, Vinyl Siding
    Architectural style
    Colonial, Victorian

    We can help!

    Contact an agent
    David Longbard

    Listing agent David Longbard License #10401309591

    Listing office KW MidHudson 27 Eastdale Ave N., Mahopac, NY

    Listing date May 21, 2026

    MLS# 1002839 Listing URL

    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.

    HighLights

    • Spacious two‑family home with over 1,700 SF of living space and 4 bedrooms total
    • Two separate kitchens and 2 full bathrooms, with individual unit layouts for flexible occupancy
    • First‑floor unit with updated eat‑in kitchen and hardwood flooring; includes living areas, den, and two bedrooms
    • Second‑floor unit with private entrance plus a second kitchen, 2 bedrooms, and a full bathroom
    • Detached 2‑car garage, large backyard, and ample off‑street parking
    • Built in 1831 with Colonial/Victorian style; public water, septic tank, and natural gas baseboard heat

    Overview

    Located in Hyde Park, this two-family home at 18 W Market Street offers over 1,700 square feet of living space. The property features a total of 4 bedrooms and 2 full bathrooms, along with two separate kitchens. It is suitable for owner-occupants, investors, or multi-generational living. The location provides convenient access to local shops, restaurants, parks, and commuter routes, and is within the Hyde Park Central School District. The first-floor unit includes bright living areas, hardwood flooring, two bedrooms of generous size, a den, a full bathroom, and an updated eat-in kitchen equipped with modern finishes and new appliances. The second-floor unit, accessible via a private entrance, offers a comfortable living space, two additional bedrooms, a full bathroom, and a second kitchen. Recent updates throughout the home provide a refreshed feel while preserving its original character and charm. The property also includes a large backyard, a detached two-car garage, storage space, and ample off-street parking. Situated on a 0.3-acre lot, this property presents potential for expanding an investment portfolio or generating rental income while occupying one of the units.

    Local Financial Insights For Multifamily LT 5

    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 $47.5k $27.96
    − Vacancy −$2.5k −$1.45
    EGI $45.1k $26.51
    − OpEx −$13.5k −$7.95
    NOI $31.5k $18.55
    1,700 SF · lease $27.96/SF/yr · vacancy 5.20% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $450.6K
    $394.3K – $525.7K (±1% cap)
    NOI $31,542 @ 7.0% cap · market cap 8.41%
    Second Best
    Apartment 5plus
    $417.2K
    $365.1K – $486.8K (±1% cap)
    NOI $29,206 @ 7.0% cap · market cap 7.79%
    Theoretical Best
    Office A
    $511.7K
    $447.8K – $597.0K (±1% cap)
    NOI $35,821 @ 7.0% cap · market cap 9.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Gym & Fitness Center Big Box & Wholesale Store Hair Salon Kitchen & Bath Showroom Barber Shop Parking Lot & Garage (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

    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
    -73.937746
    Latitude
    41.791034

    FAQs

    What type of property is this?
    Duplex - Two-family home with two kitchens, large backyard, and two-car garage.
    Where is this duplex located?
    The property is located at 18 W Market Street Hyde Park, NY.
    What is the asking price?
    The asking price for this property is $375,000.
    What are key features of this property?
    This property features: Spacious two‑family home with over 1,700 SF of living space and 4 bedrooms total; Two separate kitchens and 2 full bathrooms, with individual unit layouts for flexible occupancy; First‑floor unit with updated eat‑in kitchen and hardwood flooring; includes living areas, den, and two bedrooms
    More about this property
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