Technical
Financial
Distress signals
Property profile

4277 Albany Post Rd Hyde Park, NY 12538

OFF-MARKET
Banks
Property ID
US63-3446640
1,920 SF 0.2 ac lot Built 1975
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

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

Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1975
Total area 1,920 SF
Lot 0.2 ac (8,712 SF)
Zoning code TCHD
APN 133200 6064-08-903995-0000
UPID US63-3446640

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Loan Service Bank
  • Atm
  • Atm

Location

4277 Albany Post Rd Hyde Park, NY 12538-1760
Hyde Park metro Census 70201 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

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Blend (final) Blend
$325k

Owner & transaction history

Zoning & alternative use

TCHD · Hyde Park, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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