Listing Agency: Better Homes and Gardens Real Estate

Listed By: Edward Sattler · License #NY 10401319069 Show Phone

Source: Crexi

Added: May 21 Changed: Nov 1 Last Checked: Nov 3 at 5:23AM

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Investment Insights

Based on property information with market context.

This for-sale two-family property features a main home plus a separate cottage. Interiors include a spacious kitchen and dining room with ceramic tile and hardwood flooring. The property also offers a private backyard.

The address is 157 Hudson Street in Cornwall-On-Hudson, NY. The public remarks note convenient access to West Point and Woodbury Common Premium Outlets.

With its multi-structure layout, the configuration supports separate occupancy for the main home and the cottage.

Key Highlights

• Two‑family property with a main home plus a separate cottage
• Spacious kitchen and dining area in the main home and cottage
• Features ceramic tile and hardwood flooring

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$30,689

Cap Rate

6.20%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$613,780 $613.8K

Cap Rate 7%

$438,414 $438.4K

Cap Rate 9%

$340,989 $341.0K

Is this asking price fair?

Market Conditions

NOI Build-Up for 1,544 SF

Gross rent

$45.4K $29.40/SF

− Vacancy

−$1.6K −$1.01/SF

EGI

$43.8K $28.39/SF

− OpEx

−$13.2K −$8.52/SF

NOI

$30.7K $19.88/SF

Area

Orange County, NY

Vacancy

3.42%

Lease Rate

$29.40 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$613,780

Cap Rate 7%

$438,414

Cap Rate 9%

$340,989

Alternative Uses

Best Use

Multifamily LT 5

$438.4K

$383.6K – $511.5K (±1% cap)

NOI $30,689 @ 7.0% cap · market cap 6.20%

Second Best

Apartment 5plus

$412.6K

$361.0K – $481.4K (±1% cap)

NOI $28,881 @ 7.0% cap · market cap 5.83%

Theoretical Best

Office A

$522.9K

$457.6K – $610.1K (±1% cap)

NOI $36,605 @ 7.0% cap · market cap 7.39%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

2

Residential units

Location Intelligence

Trade Area within ½ mile

156

Businesses Nearby

Explore this area Business Placement

Demographics for 12520, NY

3,287

Population

1,359

Households

2.4

Avg Household Size

43

Median Age

58%

College-Educated

97%

High-School Grad

4.1 sq mi

ZIP Area

802

Density / Sq Mi

$150,144

Median Household Income

$76,685

Median Earnings

$1,457

Median Rent

$458,700

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Frequently Asked Questions

What type of property is this?

Duplex - Two-family property includes a main home and a separate cottage with a spacious kitchen and dining area.

Where is this duplex located?

The property is located at 157 Hudson Street Cornwall on Hudson, NY.

What is the asking price?

The asking price for this property is $495,000.

What are key features of this property?

This property features: Two‑family property with a main home plus a separate cottage; Spacious kitchen and dining area in the main home and cottage; Features ceramic tile and hardwood flooring