Legal Two-Family Duplex with In-Law
For Sale
$640,000
10 Oakwood Boulevard, Hudson, NY 12534
MULTI_FAMILY - Hudson, NY
Property Size1,912 SF
Lot Size0.12 Acres
Price / SF$334.73
Days on Market49
Property Features for 10 Oakwood Boulevard
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 3, Bathroom 1, Bedroom 2, Bathroom 2, Laundry Room, Bedroom 1, Bedroom 4
Parking
4
Parking features
Garage
Patio and Porch features
Porch
Basement
Unfinished
Elementary school district
Hudson
Middle school district
Hudson
High school district
Hudson
Directions
Fairview Ave to Oakwood BLVD
Standard status
Active
APN
100600 110.39-1-12
Size
1,912 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
2220
Utilities
Heating system
Zoned, Hot Water(Heating), Natural Gas
Amenities
laundry room
Building Details
Year built
1910
Number of units
2
Building materials
Vinyl Siding
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 758-1300
Listed By:
Elizabeth Hendler · License #10401284368
(518) 929-4519
Added: Jul 3
Changed: Aug 6
Last Checked: Aug 20 at 9:06PM
MLS# 202621074
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.
Investment Insights
Based on property information with market context.
Located at 10 Oakwood Boulevard in Hudson, NY, this legal two-family duplex features a historic American Foursquare character built in 1910. The home is currently arranged as a spacious single-family setup with an in-law apartment on the second floor, offering flexibility for owner occupancy, extended family, or rental use.
Approx. 1,912 square feet of living space is provided across the first and second floors, with an additional appx. 400 sq ft. on the third floor. The main level includes spacious living and gathering rooms, two bedrooms, a remodeled handicap-accessible full bathroom, and an updated kitchen with new appliances, center island, abundant cabinetry, luxury vinyl flooring, and direct access to the laundry room. A rear entrance connects to the laundry area.
The second floor offers two additional bedrooms, an updated full bathroom, a large kitchen, and a den with a private entrance. The partially finished third floor includes separate electrical service, original wide-plank wood floors, full insulation, and an egress window. Recent improvements include a new roof, Buderus boiler, updated windows, plumbing, interior painting, and masonry repairs. Parking is supported by a garage and the home includes a porch.
Approx. 1,912 square feet of living space is provided across the first and second floors, with an additional appx. 400 sq ft. on the third floor. The main level includes spacious living and gathering rooms, two bedrooms, a remodeled handicap-accessible full bathroom, and an updated kitchen with new appliances, center island, abundant cabinetry, luxury vinyl flooring, and direct access to the laundry room. A rear entrance connects to the laundry area.
The second floor offers two additional bedrooms, an updated full bathroom, a large kitchen, and a den with a private entrance. The partially finished third floor includes separate electrical service, original wide-plank wood floors, full insulation, and an egress window. Recent improvements include a new roof, Buderus boiler, updated windows, plumbing, interior painting, and masonry repairs. Parking is supported by a garage and the home includes a porch.
Key Highlights
- Legal two‑family duplex currently configured as single‑family with in‑law apt on the second floor
- Approx. 1,912 SF across first and second floors plus appx. 400 sq ft on the third floor
- Third floor has separate electrical service, full insulation, and an egress window
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$20,490
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,800
$409.8K
Cap Rate 7%
$292,714
$292.7K
Cap Rate 9%
$227,667
$227.7K
Market Conditions
NOI Build-Up for 1,912 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$31.0K $16.20/SF
− Vacancy
−$1.7K −$0.89/SF
EGI
$29.3K $15.31/SF
− OpEx
−$8.8K −$4.59/SF
NOI
$20.5K $10.72/SF
Area
Columbia County, NY
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$409,800
Cap Rate 7%
$292,714
Cap Rate 9%
$227,667
Alternative Uses
Best Use
Multifamily LT 5
$292.7K
$256.1K – $341.5K
NOI $20,490 @ 7.0% cap · market cap 3.20%
Second Best
Apartment 5plus
$256.9K
$224.8K – $299.7K
NOI $17,982 @ 7.0% cap · market cap 2.81%
Theoretical Best
Office A
$473.0K
$413.9K – $551.9K
NOI $33,113 @ 7.0% cap · market cap 5.17%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
733
Businesses Nearby
Explore this area
Business Placement
Demographics for 12534, NY
17,539
Population
9,613
Households
1.8
Avg Household Size
46
Median Age
33%
College-Educated
88%
High-School Grad
88.6 sq mi
ZIP Area
198
Density / Sq Mi
$76,086
Median Household Income
$40,823
Median Earnings
$1,296
Median Rent
$260,800
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?
Duplex - Legal two-family duplex with garage and porch, offering flexible living for owner-occupancy or rental use.
Where is this duplex located?
The property is located at 10 Oakwood Boulevard Hudson, NY.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Legal two‑family duplex currently configured as single‑family with in‑law apt on the second floor; Approx. 1,912 SF across first and second floors plus appx. 400 sq ft on the third floor; Third floor has separate electrical service, full insulation, and an egress window
