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    2400 S 9 Hudson, NY 12534

    Sponsored
    For Sale
    $599,900

    COMMERCIAL - Hudson, NY

    Type:Office
    Property size:
    5,989 SF
    Lot size:
    1.75 Acres
    Days on Market:
    3
    Last Refresh:
    Jan 25 at 2:06 pm

    Property Features for 2400 S 9

    General Information

    Property type
    Commercial Sale
    Property subtype
    Office
    Standard status
    Active
    Security features
    Security Lighting
    Zoning
    LDR-2
    Rooms
    Basement, Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    170.-2-6.112
    Basement
    Partially Finished, Storage Space, Full
    Size
    5,989 SF
    Lot size
    1.75 Acres

    Utilities

    Utilities
    Water Available
    Sewer type
    Septic Tank
    Heating system
    Baseboard, Oil, Zoned, Forced Air, Hot Water(Heating)
    Cooling system
    Zoned, Attic Fan, Ceiling Fan(s), Central Air
    Water source
    Private, Well

    Building Details

    Year built
    1974
    Flooring type
    Carpet, Laminate, Tile - Ceramic, Concrete, Linoleum
    Building materials
    Asphalt, Frame, Vinyl Siding
    Roof type
    Asphalt, Shingle

    We can help!

    Listing Contact
    Theodore Banta Iii

    RVW Select Properties (518) 466-1219

    Listing agent Theodore Banta III (518) 466-1219

    Listing date Jan 23, 2026

    MLS# 20260306

    Copyright © 2026 Hudson Valley Catskill Region MLS. 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

    Overview

    Versatile Mixed-Use Property on Route 9

    This 5,989 square foot mixed-use property is strategically positioned along Route 9. The building, previously used as a medical office, has been maintained and features a roof installed in 2018 with a 10-year warranty and a lifetime guarantee, energy-efficient Andersen windows, and a B-Dry drainage system. The interior features eight-foot ceilings and removable walls, allowing for transition from a clinical or office environment into a modern, open-concept creative studio or residential space. The property includes four-zone heating, a 24-hour fire and smoke alarm system, and two electrical sub-panels. Located near the Amtrak stations in Hudson and Rhinecliff, the location provides access to the New York City market. On-site parking and a single-car garage enhance the site's utility for commercial use or multi-unit development. The property is located in Hudson, NY, in Columbia County, and has a lot size of 1.75 acres. The zoning is LDR-2. Historically, the property commanded a strong triple-net lease and a fair market rent estimate of 17 per square foot, offering a versatile commercial footprint in Columbia County.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Map

    City
    Hudson
    County
    Columbia
    State
    New York
    Longitude
    -73.803094
    Latitude
    42.115983

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    FAQs

    What type of property is this?
    Mixed-use property - 6,000 SF mixed-use property near Hudson, Red Hook, and Rhinebeck.
    Where is this mixed-use property located?
    The property is located at 2400 S 9 Hudson, NY.
    What is the asking price?
    The asking price for this property is $599,900.
    What are key features of this property?
    This property features: - High-visibility location on Route 9, minutes from Hudson, Red Hook, and Rhinebeck.; - 6,000 square foot mixed-use property with flexible interior layout and removable walls.; - Recent roof (2018) with 10-year warranty and lifetime guarantee, plus energy-efficient Andersen windows.
    (518) 466-1219
    Request Owner's contact information
    2400 S 9 Hudson, NY 12534
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    Hudson, NY 12534
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    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
    2400 S 9 Hudson, NY 12534
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    We can help!
    Listing Contact
    Theodore Banta Iii
    (518) 466-1219
    Learn more
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