4354-4356 Albany Post Rd Hyde Park, NY 12538
- Investment properties
- 2,132 SF
- 0.32 lot acres
Current Use by Public Records
- Investment properties
Property Details for 4354-4356 Albany Post Rd
- Year built
- 1980
- Lot size
- 0.32 lot acres
- Property size
- 2,132 SF
- Zone code
- CC
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 133200 6065-04-865194-0000
- APU
- 9223372036854775807
Description
This exceptional mixed-use property in Hyde Park, NY, presents a unique investment opportunity. The offering encompasses two buildings totaling 5,041 square feet on a single lot. A charming, two-story, 1928 home features four bedrooms, two bathrooms, beautiful moldings, gleaming wood floors, and updated kitchen and baths. The home also includes a wood mantel/brick fireplace, arched doorways, and a primary suite with a full bath. Basement drain lines were updated in 2018. Adjacent is a 2009-constructed commercial building, architecturally designed and impeccably finished. This building boasts vaulted ceilings, private offices, open spaces, designer lighting, wood floors, a large kitchen/task center, and three bathrooms, plus a utility room and control room. The property includes 15 parking spaces and is zoned AB. Both buildings benefit from a 2024 Burnham high-efficiency system and a Heil natural gas direct vent furnace, providing gas heat and hot water. A commercial-grade three-tank septic system (installed 2007) services both buildings. The property's prime location on Albany Post Road (Route 9) ensures excellent visibility and proximity to numerous attractions, including National Historic sites, tourist destinations, restaurants, shopping, medical facilities, and educational institutions. The versatile commercial space offers numerous possibilities, including professional offices, retail, event space, or residential conversion. The asking price is $900,000.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $425,000
- 6.5%
- $465,000
- 7%
- $425,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $480,000
- Geo Method
- $405,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $415,000
- Retail
- $370,000
- Mixed-Use
- $450,000
- Hospitality
- $450,000
- Educational
- $470,000
- Residential Income
- $395,000
- Energy
- $500,000
- Income-Based Land
- $370,000
- Food Service
- $445,000
Location Insight
- Map
- Local Demand
- City
- Hyde Park
- County
- Dutchess
- State
- New York
- Longitude
- -73.9345
- Latitude
- 41.7889
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA