$1,285,000
$1,285,000
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4,750 SqFt
SOLD DATE : 05/07/2021
Key Details
Sold Price $1,285,000
Property Type Commercial
Sub Type Other
Listing Status Sold
Purchase Type For Sale
Square Footage 4,750 sqft
Price per Sqft $270
MLS Listing ID 20204338
Sold Date 05/07/21
Year Built 1860
Lot Size 3,049 Sqft
Acres 0.07
Lot Dimensions 300x120
Property Sub-Type Other
Source Hudson Valley Catskills Region Multiple List Service (Ulster County Board of REALTORS®)
Property Description
An elegant and inspiring residential + commercial brick building on the central and most fashionable block of Warren St. in Hudson. The entire building has been meticulously restored by two very gifted and experienced taste makers to create exquisite apartments on the second and third floors and an expansive, high quality retail space on the first. The 2nd floor apartment walks out to an inviting terrace garden with stairs going down to a hard-to-find large off-street parking area. The 1st floor is a fashionable lifestyle store including a barber shop. Both residential units are sun drenched and well maintained with pleasing views. Any needed structural work has been done and all new mechanicals are in place. With long term leases in place for all 3 floors, this is not only a gem of a building to own but also a highly profitable investment opportunity. It has an existing rent roll of $93,600 a year and a rare to find 5% cap rate before appreciation.
Location
State NY
County Columbia
Area Columbia
Rooms
Basement Full
Interior
Heating Baseboard, Forced Air, Natural Gas
Flooring Hardwood
Building
Sewer Public Sewer
Schools
High Schools Hudson City Schools
School District Hudson City Schools
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