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Mixed-Use 8-Unit Investment Property
For Sale
$695,000

94-98 S Main Street, Castleton on Hudson, NY 12033

COMMERCIAL - Castleton on Hudson, NY

Property Size7,500 SF
Lot Size0.07 Acres
Price / SF$92.67
Days on Market62

Property Features for 94-98 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
High school district 000000
Directions Take US-9 South and merge onto I-787 South toward Albany. Continue on I-787 South, then take Exit 9E to merge onto US-20 East/US-9 South toward East Greenbush. Follow US-9/US-20 East across the Dunn Memorial Bridge and continue through East Greenbush. Turn right onto NY-150 South (Main Avenue), then continue as NY-150 becomes South Main Street in Castleton-on-Hudson. Property will be on the right.
Standard status Active
Size 7,500 SF
Lot size 0.07 Acres

Taxes and HOA fees

Tax Annual Amount 9922

Utilities

Heating system Forced Air, Electric (Heating), Natural Gas, Baseboard
Water source Public

Building Details

Flooring type Tile, Hardwood, Vinyl
Building materials Brick
Roof type Rubber
Listing Agency: Miranda Real Estate Group Inc
Listed By: Amanda L Hart
Added: Jun 1 Changed: Jul 29 Last Checked: Aug 1 at 6:06AM
MLS# 11799122

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

Investment Insights

Based on property information with market context.

This well-maintained 8-unit mixed-use property includes five residential apartments and three commercial spaces. The residential units feature spacious floor plans with hardwood flooring and tiled bathrooms, and many offer Hudson River views. Current occupancy is strong, with only two units vacant, giving a new owner a straightforward path to improve income as units are leased. Tenant utilities are separated, with residents responsible for heat, hot water, electric, and cable. The landlord’s utility responsibilities are limited to water, sewer, and trash collection.

Located on S Main Street in Castleton on Hudson, the building is positioned for demand from both residential and commercial tenants. The listing notes convenient proximity to everyday amenities, including shopping and restaurants about 10 minutes away in East Greenbush, and Downtown Albany roughly 15 minutes away.

For investors and owner-operators seeking a property that combines income from retail/commercial tenants with residential rent, this configuration can support a diversified leasing profile within one asset. With two vacancies currently available and separate utilities already in place, the building is set up for practical management and tenant billing, aligning with buyers focused on steady, manageable operating structure.

Key Highlights

  • 8‑unit mixed‑use property with 3 commercial spaces and 5 residential apartments
  • Over $7,000/month gross rental income when fully rented; currently 2 units are vacant
  • Brick construction with vinyl, hardwood, and tile flooring throughout; rubber roof

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Building Supply HVAC Service Auto Repair Shop Electrical Service Law Firm Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
75%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

43
Businesses Nearby

Demographics for 12033, NY

8,076
Population
3,843
Households
2.1
Avg Household Size
46
Median Age
35%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
283
Density / Sq Mi
$92,808
Median Household Income
$55,875
Median Earnings
$1,380
Median Rent
$267,500
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - 8-unit mixed-use building with three commercial spaces and five apartments, supported by separate utilities for residents.
Where is this apartment building located?
The property is located at 94-98 S Main Street Castleton on Hudson, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 8‑unit mixed‑use property with 3 commercial spaces and 5 residential apartments; Over $7,000/month gross rental income when fully rented; currently 2 units are vacant; Brick construction with vinyl, hardwood, and tile flooring throughout; rubber roof
More about this property
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