4354-4356 Albany Post Rd, Hyde Park, NY 12538
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.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CC · Hyde Park, NYHyde Park. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.