3914 Albany Post Rd Hyde Park, NY 12538-1426
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Prime Storage Storage Facility
Bellefield Planned Development District (BPDD). The Bellefield Planned Development District lies to the east of U.S. Route 9 reaching from the Farm Lane development at the northerly end to West Dorsey Lane at the southerly end. (1) Purpose. Planned development is needed to ensure that the district is developed in a way that preserves the natural beauty of th…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
BPDD · Hyde Park, NYBellefield Planned Development District (BPDD). The Bellefield Planned Development District lies to the east of U.S. Route 9 reaching from the Farm Lane development at the northerly end to West Dorsey Lane at the southerly end. (1) Purpose. Planned development is needed to ensure that the district is developed in a way that preserves the natural beauty of the land, promotes tourism, supports the existing business district in the Town Center and sensitively expands the Town Center with planned mixed-use development. The provisions of this district are intended to streamline permitting and allow greater use flexibility. (2) Existing character. The district is the largest area of potential development in the southern end of the Town with excellent access from Routes 9 and 9G and St. Andrews Road. North of St. Andrews Road, the land generally lies behind existing development along Route 9. South of St. Andrews Road, the District abuts Route 9 and is virtually unbroken green space. Its planned development must be sensitive to the fact that Teller Hill serves as the southern gateway to the Town Center.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.