Retail Storefront
173 Fairview Avenue Hudson, NY 12534
173 Fairview Avenue, Hudson, NY, 12534
Contact for pricing
For Sale
Contact for pricing
For-sale storefront property near Columbia Memorial Health and the FASNY Firemen's Home.
Property Size11,585 SF
Price / SF$305.59
Days on Market54
Property Features for 173 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 11,585 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2002
Listing agency
Matthews
Listed by
Christian Becker · License #794055
Source
Crexi
Added: May 29 Updated: Jul 21 at 4:39PM Checked: Jul 21 at 4:39PM
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 Matthews
Investment Insights
Based on property information with market context.
This for-sale retail storefront property is listed as a commercial real estate opportunity totaling 11,585 square feet.
The property is identified near Columbia Memorial Health, with the FASNY Firemen's Home noted nearby in the public remarks. The listing also references $102K in incomes.
The offering is presented under retail property and storefront property classifications, and the address is 173 Fairview Avenue, Hudson, NY 12534.
The property is identified near Columbia Memorial Health, with the FASNY Firemen's Home noted nearby in the public remarks. The listing also references $102K in incomes.
The offering is presented under retail property and storefront property classifications, and the address is 173 Fairview Avenue, Hudson, NY 12534.
Key Highlights
- Year built: 2002
- Storefront property for sale near Columbia Memorial Health
- Located near FASNY Firemen's Home
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $250.2k | $21.60 |
| − Vacancy | −$26.0k | −$2.25 |
| EGI | $224.2k | $19.35 |
| − OpEx | −$56.1k | −$4.84 |
| NOI | $168.2k | $14.52 |
11,585 SF · lease $21.60/SF/yr · vacancy 10.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$2.40M
$2.10M – $2.80M
NOI $168,159 @ 7.0% cap · market cap 4.75%
Second Best
Retail
$1.74M
$1.52M – $2.03M
NOI $121,934 @ 7.0% cap · market cap 3.44%
Theoretical Best
Office A
$2.87M
$2.51M – $3.34M
NOI $200,634 @ 7.0% cap · market cap 5.67%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Walgreens Pharmacy
Pharmacy
Walgreens
(Bike/Boat/Book/etc) Store
Walgreens Photo
(Bike/Boat/Book/etc) Store
LibertyX Bitcoin ATM
Atm
COVID-19 Drive-Thru Testing ...
Pharmacy
Similar For Sale Nearby
Similar Off Market Nearby
- Walgreens Pharmacy — 173 Fairview Ave, Hudson, NY 12534
- CVS Pharmacy — 160 Fairview Ave Suite 20, Hudson, NY 12534
- COVID-19 Drive-Thru Testing at Walgreens — 173 Fairview Ave, Hudson, NY 12534
- Gary Lansburg — 173 Fairview Ave, Hudson, NY 125341205
- Anne Fairweather — 173 Fairview Ave, Hudson, NY 125341205
FAQs
What type of property is this?
Drug store - For-sale storefront property near Columbia Memorial Health and the FASNY Firemen's Home.
Where is this drug store located?
The property is located at 173 Fairview Avenue Hudson, NY.
What is the asking price?
The asking price for this property is $3,540,294.
What are key features of this property?
This property features: Year built: 2002; Storefront property for sale near Columbia Memorial Health; Located near FASNY Firemen's Home
