Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    15 Beech St Hudson Falls, NY 12839

    Sponsored
    For Sale
    Pending
    $242,000

    MULTI_FAMILY - Other - Hudson Falls, NY

    Property size:
    3,526 SF
    Lot size:
    0.10 Acres
    Days on Market:
    141
    Last Refresh:
    Feb 14 at 6:06 am

    Property Features for 15 Beech St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Pending
    Zoning
    Multi Residence
    Rooms
    Bathroom 2, Bathroom 1, Bathroom 4, Bedroom 1, Bedroom 7, Bathroom 5, Bedroom 8, Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 3, Bedroom 6, Bathroom 3
    Bedrooms
    8
    Bathrooms
    5
    APN
    534401 154.18-1-34
    Patio and Porch features
    Porch
    Basement
    Interior Entry
    Size
    3,526 SF
    Lot size
    0.10 Acres

    Utilities

    Utilities
    Cable Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard, Natural Gas
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1960
    Number of units
    5
    Flooring type
    Vinyl, Linoleum, Hardwood
    Building materials
    Clapboard, Shingle Siding
    Roof type
    Asphalt
    Architectural style
    Other

    We can help!

    Listing Contact
    Kyle Bryce

    BRYCE (518) 488-0434

    Listing agent Kyle Bryce (518) 488-0434 License #10311201764

    Listing date Sep 27, 2025

    MLS# 202523219 Listing URL

    Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Hudson Falls Multifamily Investment Opportunity

    This five-unit rental building in Hudson Falls presents a strong investment opportunity with upside potential, exhibiting an almost 12% NOI Cap Rate. The property includes one move-in-ready 1-bedroom unit on the first floor, featuring hardwood floors and a porch. The second floor contains two occupied 2-bedroom units with rear balconies. A third-floor unit awaits renovation and fire escape installation. Constructed in 1960 and upgraded over time, the building has separate utilities for each unit. The third floor currently lacks heating and a meter. Targeted updates could increase owner occupancy. This property is located in a steadily growing rental market and is suited for a hands-on investor or owner-operator. The property size is 3526 square feet and the lot size is 0.1 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson Falls
    County
    Washington
    State
    New York
    Longitude
    -73.583645
    Latitude
    43.295812

    Nearby Similar for Sale

    • New
      $180,000
      Pending

      Victorian Two-Family Home Near Downtown

      Victorian two-family home with wrap-around porch near downtown Hudson.
      3 Hudson Pl, Hudson Falls, NY 12839
      View Details
    • $200,000
      2,627 SF

      Hudson Falls Two-Family Property

      Two-family property in Hudson Falls with detached garage.
      8 Mechanic St, Hudson Falls, NY 12839
      View Details
    • $295,000
      2,193 SF

      Updated Two-Unit Property in Hudson Falls

      Fully vacant, updated two-unit property near Main Street in Hudson Falls.
      73 John St, Hudson Falls, NY 12839
      View Details
    • $199,900
      Pending

      Hudson Falls Multi-Family Property

      Multi-family property on a corner lot, convenient location.
      349 Main St, Hudson Falls, NY 12839
      View Details
    • $129,900
      2,004 SF

      Hudson Falls Multifamily Property

      Multifamily property on a corner lot near downtown Hudson Falls.
      9 Ferry St, Hudson Falls, NY 12839
      View Details
    • $180,000
      1,756 SF

      Hudson Falls Multifamily Investment Property

      Two-unit multifamily property in Hudson Falls with long-term tenants.
      9 School St, Hudson Falls, NY 12839
      View Details

    FAQs

    What type of property is this?
    Apartment building - Five-unit building with strong income potential in Hudson Falls, NY.
    Where is this apartment building located?
    The property is located at 15 Beech St Hudson Falls, NY.
    What is the asking price?
    The asking price for this property is $242,000.
    What are key features of this property?
    This property features: - High NOI Cap Rate: Almost 12% offers strong investment potential.; - Five-Unit Building: Provides multiple income streams.; - Separate Utilities: Simplifies tenant management and billing.
    (518) 488-0434
    Request Owner's contact information
    15 Beech St Hudson Falls, NY 12839
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    15 Beech St
    Hudson Falls, NY 12839
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    15 Beech St Hudson Falls, NY 12839
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Kyle Bryce
    Real Estate License ID: 10311201764
    (518) 488-0434 (518) 271-7630
    Learn more
    Google sign-in failed. Please try again or use another login method.