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    Investment properties

    4354-4356 Albany Post Rd, Hyde Park, NY 12538

    2,132 SF 0.32 ac lot Built 1980
    Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-2000084
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 1980
    Total area 2,132 SF
    Lot 0.32 ac (13,939 SF)
    Zoning code CC
    APN 133200 6065-04-865194-0000
    UPID US63-2000084
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Olde Mill Of Hyde Park INC
    Olde Mill Of Hyde Park INC
    1 recorded transaction
    1969
    Zoning & alternative use
    CC · Hyde Park, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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