37 E Market St Hyde Park, NY 12538
Estimated payment $1,649/month
Highlights
- Water Views
- 1.43 Acre Lot
- Private Lot
- Home fronts a creek
- Open Floorplan
- High Ceiling
About This Home
Industrial Brooklyn meets Hudson Valley vibe. Once the vital water source for the Town of Hyde Park, the Waterhouse at Crum Elbow drew its supply from the pristine Crum Elbow Creek from 1940 to 1994. The creek ultimately joins its tributary to the Hudson River along the historic Vanderbilt estate grounds. When growing demand outpaced what the plant and supplemental wells could supply, the town transitioned to a newer facility, leaving this remarkable building ready to be reimagined. The driveway is flanked by dramatic natural rock outcroppings. Beyond the structures, the Crum Elbow Creek flows gently, bordered by an elevated embankment etched with more stone formations. The terrain forms a rugged yet serene landscape - layers of stone, water, and elevation - visible through windows throughout, creating a rare blend of industrial character and natural artistry. Three structures rest on the property: the original 1940 brick and timber Waterhouse, a detached masonry one car garage (formally considered a two-car, built in 1960) and a steel tank structure, added in 1970. Best use is in the eye of the beholder. The Waterhouse is zoned neighborhood (see zoning doc attached to listing) and serviced by three-phase electric. The expansive rear room overlooks the on-site waterfall and contains three additional steel tanks (estimate for removal available.) Towering windows frame idyllic views of the creek and stone outcroppings. Ceiling heights soar, reaching approximately 24 feet in the tank room, inviting the potential for a dramatic two-story design. Municipal water in area with application approval needed to tap. A property with soul, history, and great potential - The Waterhouse at Crum Elbow is ready for its next steward to create something extraordinary. Do you see what I see? Video tour, floor plans and documentation available. Please note: the property spans two segments with a portion located across the street at 16 Church St. Cameras on property. Scheduled appointments only. Proof of finance must be provided for showing confirmation, per owner.
Listing Agent
Coldwell Banker Realty Brokerage Phone: 914-277-5000 License #10301210092 Listed on: 11/22/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $4,011
Year Built
- Built in 1940
Lot Details
- 1.43 Acre Lot
- Home fronts a creek
- South Facing Home
- Private Lot
Parking
- 1.5 Car Detached Garage
- Driveway
Home Design
- Brick Exterior Construction
Interior Spaces
- 2,956 Sq Ft Home
- 1-Story Property
- Open Floorplan
- High Ceiling
- Ceiling Fan
- Concrete Flooring
- Water Views
- Partial Basement
Location
- Property is near schools
- Property is near shops
Schools
- North Park Elementary School
- Haviland Middle School
- Franklin D Roosevelt Senior High School
Utilities
- No Cooling
- No Heating
- Sewer Not Available
Listing and Financial Details
- Assessor Parcel Number 133200-6065-04-933266-0000
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $10,589 | $65,600 | $65,600 | -- |
| 2023 | $918 | $65,600 | $65,600 | $0 |
| 2022 | -- | $65,600 | $65,600 | $0 |
| 2021 | $0 | $65,600 | $65,600 | $0 |
| 2020 | $0 | $65,600 | $65,600 | $0 |
| 2019 | $0 | $65,600 | $65,600 | $0 |
| 2018 | $0 | $65,600 | $65,600 | $0 |
| 2017 | -- | $65,600 | $65,600 | $0 |
| 2016 | -- | $65,600 | $65,600 | $0 |
| 2015 | -- | $65,600 | $65,600 | $0 |
| 2014 | -- | $65,600 | $65,600 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/22/2025 11/22/25 | For Sale | $249,000 | -- | $84 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Available | |
| Deed | -- | None Available |
Source: OneKey® MLS
MLS Number: 938271
APN: 133200-6065-04-933266-0000
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