Historic Religious Facility with
4408 Albany Post Road Hyde Park, NY 12538
200-year-old religious facility with retail/office building for sale.
Type:SPEC
Property size:
2,376 SFPrice / SF:
$315/SF- Added:
- Oct 4, 2025
- Days on Market:
- 280
- Last Refresh:
- Jun 29 at 9:49 pm
Property Features for 4408 Albany Post Road
General Information
- Standard status
- Active
- Size
- 2,376 SF
- Property subtype
- SPEC
Listing office Keller Williams Realty Partners (845) 242-4381
Listing date Oct 4, 2025
Source Realnex
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 Keller Williams Realty Partners
Investment Insights
Based on property information with market context.
This 200-year-old religious facility is available for the first time. The site includes three connected buildings: a Fellowship Hall built in 1824 with seating for 200 and a functional historic organ, a three-story Rectory built in the late 1800s, and a Cafeteria built in the mid-1900s with a full kitchen including an Ansul hood system and ranges. The buildings are heated by an oil furnace and cooled with a combination of window and wall units. Upgrades have been made over the years to the roof siding, furnace, paint, and flooring. The sale also includes a 2,376 square foot updated single-story retail/office building located at 4400 Albany Post Road, currently leased on flexible terms.
Key Highlights
- 200‑year‑old religious facility offered for sale for the first time.
- Includes three connected buildings: Fellowship Hall, Rectory, and Cafeteria.
- Includes a separate 2,376SF retail/office building (4400 Albany Post Road) currently leased.
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 - 200-year-old religious facility with retail/office building for 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: 200‑year‑old religious facility offered for sale for the first time.; Includes three connected buildings: Fellowship Hall, Rectory, and Cafeteria.; **Includes a separate 2,376SF retail/office building (4400 Albany Post Road) currently leased.**
