Retail Space on Route
For Sale
Contact for pricing
14 Main St, Hudson Falls, NY 12839
Retail space with frontage on Route 4 and parking.
Property Size2,450 SF
Lot Size0.89 Acres
Price / SF$162.86
Days on Market114
Property Features for 14 Main St
General Information
Standard status
Active
Size
2,450 SF
Lot size
0.89 Acres
Property subtype
RETAIL
Listing Agency:
CBRE | Albany
(518) 378-2501
Listed By:
Craig Darby · License #10401201614
(518) 378-2501
Source:
Moodyscre
Added: May 5
Changed: Aug 13
Last Checked: Aug 26 at 2:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE | Albany
Investment Insights
Based on property information with market context.
This retail space includes approximately 2,450 square feet on the main floor, with an additional approximately 1,635 square feet in the basement. The property is situated on an approximately 0.89-acre site, consisting of two tax parcels. It features approximately 170 feet of frontage on the heavily trafficked Route 4. The building is equipped with natural gas heating and central air conditioning. There are approximately 38 parking spaces available.
Key Highlights
- Prime frontage with ±170 ft on busy Route 4.**
- Generous ±0.89 acre site comprised of two tax parcels.**
- Benefit from ±2,450 SF on the main floor and an additional ±1,635 SF in the basement.
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
$30,559
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
7.66%
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%
$611,180
$611.2K
Cap Rate 7%
$436,557
$436.6K
Cap Rate 9%
$339,544
$339.5K
Market Conditions
NOI Build-Up for 2,450 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
$45.6K $18.60/SF
− Vacancy
−$1.9K −$0.78/SF
EGI
$43.7K $17.82/SF
− OpEx
−$13.1K −$5.35/SF
NOI
$30.6K $12.47/SF
Area
Washington County, NY
Vacancy
4.20%
Lease Rate
$18.60 /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%
$611,180
Cap Rate 7%
$436,557
Cap Rate 9%
$339,544
Alternative Uses
Best Use
Retail
$436.6K
$382.0K – $509.3K
NOI $30,559 @ 7.0% cap · market cap 7.66%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$607.8K
$531.9K – $709.1K
NOI $42,548 @ 7.0% cap · market cap 10.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
322
Businesses Nearby
23k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Cumberland Farms
Shops & Services
10,287 visits/mo
0.3 miles
Family Dollar
Shops & Services
5,178 visits/mo
0.2 miles
TD Bank
Shops & Services
4,670 visits/mo
0.0 miles
O'Reilly Auto Parts
Shops & Services
2,827 visits/mo
0.3 miles
Demographics for 12839, NY
13,618
Population
6,515
Households
2.1
Avg Household Size
41
Median Age
16%
College-Educated
90%
High-School Grad
31.0 sq mi
ZIP Area
439
Density / Sq Mi
$70,006
Median Household Income
$41,545
Median Earnings
$1,018
Median Rent
$161,300
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with frontage on Route 4 and parking.
Where is this retail space located?
The property is located at 14 Main St Hudson Falls, NY.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Prime frontage with ±170 ft on busy Route 4.**; Generous ±0.89 acre site comprised of two tax parcels.**; Benefit from ±2,450 SF on the main floor and an additional ±1,635 SF in the basement.
