Mixed-Use 8-Unit Investment
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
(518) 348-2060
Listed By:
Amanda L Hart
(518) 348-2060
Added: Jun 1
Changed: Jul 29
Last Checked: Aug 1 at 6:06AM
MLS# 11799122
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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.
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
Property Profile
Current Use
Lease Details
5
Residential units
75%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
43
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask 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