Historic Religious Facility with
For Sale
$750,000
4408 Albany Post Rd, Hyde Park, NY 12538
200-year-old religious facility with retail/office building for sale.
Property Size2,376 SF
Lot Size1.98 Acres
Price / SF$315.66
Days on Market285
Property Features for 4408 Albany Post Rd
General Information
Standard status
Active
Size
2,376 SF
Lot size
1.98 Acres
Listing Agency:
KW MidHudson
(914) 962-0007
Listed By:
Don Minichino · License #10401333542
(845) 242-4381
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 8 at 1:25PM
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 KW MidHudson
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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: 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, featuring a full kitchen with 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 4400 Albany Post Road, an updated single-story 2,376 square foot retail/office building currently leased on flexible terms, and a historic cemetery split between the two parcels. Heating is provided by oil above ground.
Key Highlights
- Historic 200‑year‑old religious facility offered for sale for the first time.
- Includes three connected buildings: Fellowship Hall (seats 200, historic organ), Rectory (3 stories), and Cafeteria (full kitchen with Ansul hood system).
- Sale includes a separate updated 2,376 SF retail/office building currently leased.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$38,029
Cap Rate
5.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,580
$760.6K
Cap Rate 7%
$543,271
$543.3K
Cap Rate 9%
$422,544
$422.5K
Market Conditions
NOI Build-Up for 2,376 SF
Gross rent
$65.0K $27.36/SF
− Vacancy
−$14.3K −$6.02/SF
EGI
$50.7K $21.34/SF
− OpEx
−$12.7K −$5.34/SF
NOI
$38.0K $16.01/SF
Area
Dutchess County, NY
Vacancy
22.00%
Lease Rate
$27.36 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$760,580
Cap Rate 7%
$543,271
Cap Rate 9%
$422,544
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 authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Explore this area
Business Placement
Demographics for 12538, NY
14,181
Population
5,609
Households
2.5
Avg Household Size
41
Median Age
30%
College-Educated
93%
High-School Grad
25.5 sq mi
ZIP Area
556
Density / Sq Mi
$86,641
Median Household Income
$44,926
Median Earnings
$1,190
Median Rent
$287,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
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 Rd 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 religious facility offered for sale for the first time.; Includes three connected buildings: Fellowship Hall (seats 200, historic organ), Rectory (3 stories), and Cafeteria (full kitchen with Ansul hood system).; Sale includes a separate updated 2,376 SF retail/office building currently leased.
