556 Violet Ave Hyde Park, NY 12538-1819
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Amber Lantern Tavern Bar & Pub
Core Districts: Neighborhood Core, Hamlet Core, Crossroads Core and Town Core Districts (NC, HC, CC, TC). The Core Districts are the community centers within the Neighborhoods and Hamlets, where a greater intensity of mixed use is permitted. Ideally, the Core is close to the geographic center of the district. [Amended 3-9-2015 by L.L. No. 2-2015 ; 10-5-2020…
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
NC · Hyde Park, NYCore Districts: Neighborhood Core, Hamlet Core, Crossroads Core and Town Core Districts (NC, HC, CC, TC). The Core Districts are the community centers within the Neighborhoods and Hamlets, where a greater intensity of mixed use is permitted. Ideally, the Core is close to the geographic center of the district. [Amended 3-9-2015 by L.L. No. 2-2015 ; 10-5-2020 by L.L. No. 1-2020 ] (1) Purpose. The Core is the mixed-use heart of the settlement, designed to accommodate a mix of commercial, light industrial, residential and other uses, all within walking distance. In addition to other uses permitted throughout the Neighborhood and Hamlet Districts, the Core in each case permits business, retail and light industrial uses. It also provides for assembly uses such as dining, entertaining and social functions. (2) Existing character. The Cores are a more densely developed portion of the surrounding district. The purposes of the Core are best served by having a central public space that augments the corridors and provides a focal point. Streets within existing Cores suffer from congestion and lack of pedestrian conveniences. This has caused the service facilities to gravitate to locations along and adjacent to state and county highways. Facilities that provide community services, such as churches, day-care centers, libraries and community centers, exist in some Cores, but not to the extent desired. K.
No recorded transactions found for this property.
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.