Newly Built Two-Family
28-30 1st Street Castleton on Hudson, NY 12033
28-30 1st Street, Castleton on Hudson, NY, 12033
$389,000
For Sale
$389,000
Duplex built in 2022 offering two units with separate entrances, walkout lower level, and multiple modern mechanical systems.
Property Size2,247 SF
Price / SF$173.12
Days on Market158
Property Features for 28-30 1st Street
General Information
- Standard status
- Active
- Size
- 2,247 SF
- Property subtype
- Multi Family / Duplex
Building Details
- Year Built
- 2022
Listing agency
Staged Nest Real Estate LLC
(518) 369-8441
Listed by
Melissa W Woodcock · License #10491205899
(518) 369-8441
Source
Compass
Added: Feb 15 Updated: Jul 22 at 12:50PM Checked: Jul 22 at 12:50PM
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 Staged Nest Real Estate LLC
Investment Insights
Based on property information with market context.
Newly built in 2022, this two-family duplex includes a main living unit with three bedrooms and one and one-half baths, plus a lower-level walkout apartment with its own private entrance and patio area. The main unit features hardwood floors, hickory cabinetry, stainless steel appliances, a gas stove, a ceramic tile bath, and a wood-burning stove. Additional highlights include energy-efficient windows, in-wall air conditioning on both levels, a dedicated laundry room, vinyl siding, a spacious wood deck, and propane-fired hot water baseboard heat. There is also a concrete driveway and public water and sewer. The property is served by three separate electric panels.
Set on a hill in the Village of Castleton-on-Hudson, the home offers sweeping Hudson river views.
The lower unit is a one-bedroom apartment with a living room, kitchen with hickory cabinetry, a full bath, and laundry hookups, providing independent living space within the same property.
Set on a hill in the Village of Castleton-on-Hudson, the home offers sweeping Hudson river views.
The lower unit is a one-bedroom apartment with a living room, kitchen with hickory cabinetry, a full bath, and laundry hookups, providing independent living space within the same property.
Key Highlights
- Two‑family home built in 2022 with 3BR, 1.5BA main unit and separate walkout lower‑level apartment
- Lower‑level unit includes private entrance, gate, patio area, 1BR, full bath, and laundry hookups
- Main unit features hardwood flooring, hickory cabinetry, stainless steel appliances, gas stove, ceramic tile bath, and wood‑burning stove
Local Financial Insights For Multifamily LT 5
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 | $44.5k | $19.80 |
| − Vacancy | −$2.4k | −$1.09 |
| EGI | $42.0k | $18.71 |
| − OpEx | −$12.6k | −$5.61 |
| NOI | $29.4k | $13.10 |
2,247 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$420.4K
$367.9K – $490.5K
NOI $29,431 @ 7.0% cap · market cap 7.57%
Second Best
Apartment 5plus
$389.6K
$340.9K – $454.6K
NOI $27,275 @ 7.0% cap · market cap 7.01%
Theoretical Best
Office A
$561.7K
$491.5K – $655.3K
NOI $39,320 @ 7.0% cap · market cap 10.11%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex built in 2022 offering two units with separate entrances, walkout lower level, and multiple modern mechanical systems.
Where is this duplex located?
The property is located at 28-30 1st Street Castleton on Hudson, NY.
What is the asking price?
The asking price for this property is $389,000.
What are key features of this property?
This property features: Two‑family home built in 2022 with 3BR, 1.5BA main unit and separate walkout lower‑level apartment; Lower‑level unit includes private entrance, gate, patio area, 1BR, full bath, and laundry hookups; Main unit features hardwood flooring, hickory cabinetry, stainless steel appliances, gas stove, ceramic tile bath, and wood‑burning stove
