Hudson Avenue Multi-Building
For Sale
$935,000
300 Hudson Avenue, Mechanicville, NY 12118
Three-building site on 3.42 acres with Hudson Avenue frontage, on-site parking, and electricity, municipal water, and private sewer.
Property Size10,880 SF
Lot Size3.42 Acres
Price / SF$85.94
Days on Market173
Property Features for 300 Hudson Avenue
General Information
Standard status
Active
Size
10,880 SF
Lot size
3.42 Acres
Property subtype
Industrial
Zoning
T-4
Site & Location
Road Access
Yes
Utilities to Site
Yes
Building Details
Building Size
10,880 SF
Listing Agency:
Pyramidbrokerage
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Apr 20
Changed: Sep 12
Last Checked: Oct 7 at 8:40AM
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 Pyramidbrokerage
Investment Insights
Based on property information with market context.
This multi-building commercial property totals approximately 10,880 square feet and is situated on 3.42± acres. Building #1 is a 3,192± SF showroom, office, and storage building. Building #2 is a 5,160± SF clear-span warehouse with four 16' overhead doors and a 26' peak height. Building #3 is a 2,528± SF two-story office building.
The site features approximately 392 feet of frontage on Hudson Avenue, providing visibility and straightforward access, along with ample on-site parking. The parcel is mostly level, with a rear portion that slopes toward the riverfront. Utilities include electricity, municipal water, and private sewer.
The property is located in Stillwater’s T-4 zoning district, which allows a range of uses including single-family homes, two-family residences, townhomes, multifamily housing, live-work units, retail, restaurants, offices, and personal service businesses.
The site features approximately 392 feet of frontage on Hudson Avenue, providing visibility and straightforward access, along with ample on-site parking. The parcel is mostly level, with a rear portion that slopes toward the riverfront. Utilities include electricity, municipal water, and private sewer.
The property is located in Stillwater’s T-4 zoning district, which allows a range of uses including single-family homes, two-family residences, townhomes, multifamily housing, live-work units, retail, restaurants, offices, and personal service businesses.
Key Highlights
- 3.42± acre, three‑building site with approx. 392 ft frontage on Hudson Avenue
- T‑4 zoning allows a wide range of uses including residential, live‑work units, retail, restaurants, offices, and personal service businesses
- Building #1 offers 3,192± SF with showroom, office, and storage space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$81,709
Cap Rate
8.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,180
$1.6M
Cap Rate 7%
$1,167,271
$1.2M
Cap Rate 9%
$907,878
$907.9K
Market Conditions
NOI Build-Up for 10,880 SF
Gross rent
$103.1K $9.48/SF
− Vacancy
−$7.0K −$0.64/SF
EGI
$96.1K $8.84/SF
− OpEx
−$14.4K −$1.33/SF
NOI
$81.7K $7.51/SF
Area
Saratoga County, NY
Vacancy
6.80%
Lease Rate
$9.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,634,180
Cap Rate 7%
$1,167,271
Cap Rate 9%
$907,878
Alternative Uses
Best Use
Flex RnD
$2.25M
$1.97M – $2.63M
NOI $157,847 @ 7.0% cap · market cap 16.88%
Second Best
Office B
$2.10M
$1.84M – $2.45M
NOI $147,174 @ 7.0% cap · market cap 15.74%
Theoretical Best
Office A
$3.26M
$2.85M – $3.80M
NOI $227,958 @ 7.0% cap · market cap 24.38%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
24
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12118, NY
16,618
Population
8,079
Households
2.1
Avg Household Size
42
Median Age
33%
College-Educated
93%
High-School Grad
35.3 sq mi
ZIP Area
471
Density / Sq Mi
$91,182
Median Household Income
$54,079
Median Earnings
$1,105
Median Rent
$315,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Flex space - Three-building site on 3.42 acres with Hudson Avenue frontage, on-site parking, and electricity, municipal water, and private sewer.
Where is this flex space located?
The property is located at 300 Hudson Avenue Mechanicville, NY.
What is the asking price?
The asking price for this property is $935,000.
What are key features of this property?
This property features: 3.42± acre, three‑building site with approx. 392 ft frontage on Hudson Avenue; T‑4 zoning allows a wide range of uses including residential, live‑work units, retail, restaurants, offices, and personal service businesses; Building #1 offers 3,192± SF with showroom, office, and storage space
