Property summary
This vacant 1,920 square foot retail building, located at 4277 Albany Post Road in Hyde Park, New York, presents a unique investment opportunity. The property, built in 1975, sits on a 9,308 square foot (.21 acre) lot and features a drive-thru, adding significant value and potential for various uses. The building also includes an unfinished basement, offering additional space for expansion or storage. Its strategic location on US Route 9 ensures high visibility and accessibility, providing easy access to major highways including I-84, the Taconic State Parkway, I-684, and I-87 (NYS Thruway). The surrounding area boasts a thriving retail environment, with a mix of local businesses and cultural attractions. Dutchess County's strong demographics, with a population exceeding 39,000 within a 5-mile radius and an average household income of $96,268, further enhance the property's investment potential. The asking price is $410,000, translating to $213.54 per square foot. This property is ideal for a variety of retail uses, including a bank, pharmacy, or quick-service restaurant, given its previous use as a Chase Bank. The property is currently vacant, allowing for immediate occupancy and customization to suit the needs of a new tenant. This is an exceptional opportunity to establish a business in a rapidly growing region of New York.
Property profile
VerifiedCap rate & NOI
Current use
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Loan Service Bank
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Atm
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Atm
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2020Property description
Physical attributes from public recordsZoning & alternative use
TCHD · Hyde Park, NYZoning
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