Versatile Commercial Property on Two
337 Fairview Avenue, Hudson, NY 12534
Adaptable space with expansion potential on a spacious two-acre lot.
Type:Commercial
Property size:
3,633 SFLot size:
2.01 AcresPrice / SF:
$144/SF- Added:
- Sep 25, 2025
- Days on Market:
- 234
- Last Refresh:
- Apr 5 at 9:11 pm
Property Features for 337 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 3,633 SF
- Lot size
- 2.01 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1990
Listing agent JASON WALCH License #10491211845
Listing office COLDWELL BANKER ADVISOR REALTY (518) 828-7111
Listing date Sep 25, 2025
Source Corcoran
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 COLDWELL BANKER ADVISOR REALTY
HighLights
- Over 3,600 sq. ft. of flexible space suitable for diverse business needs.
- Expansive 2‑acre lot offering room for expansion or additional construction (with town approval).
- Convenient dual access from a state route and a town road.
- Ample on‑site parking.
- Private office wing with multiple individual offices, a conference room, a kitchen, and two restrooms.
- Spacious open area ideal for events, training, or collaborative work.
Overview
This commercial property offers a versatile space of over 3,600 sq. ft. situated on a 2-acre lot. The property benefits from dual access via a state route and a town road. The building's interior is designed to accommodate diverse uses, featuring a spacious open area currently utilized as a meeting and classroom space suitable for events, training, or collaborative work. Additionally, there is a private office wing that includes multiple individual offices, a private conference room, a kitchen, and two restrooms. The expansive 2-acre parcel provides ample on-site parking. There is room to expand the existing structure or potentially construct a second building, subject to town approval. This property is suitable for businesses seeking a location that can grow and adapt to their needs.
Financial Insights
Value Estimation Calculated for Office B
Conservative
$510.1K
NOI $45,907 @ 9.00% cap · cautious / downside scenario
Moderate
$655.8K
NOI $45,907 @ 7.00% cap · market / base-case scenario
Aggressive
$918.1K
NOI $45,907 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Office B
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $78.5k | $21.60 |
| − Vacancy | −$17.3k | −$4.75 |
| EGI | $61.2k | $16.85 |
| − OpEx | −$15.3k | −$4.21 |
| NOI | $45.9k | $12.64 |
3,633 SF · lease $21.60/SF/yr · vacancy 22.00% · expense 25.00%
Alternative Use Scenarios
Best Use
Office B
$655.8K
$573.8K – $765.1K
NOI $45,907 @ 7.0% cap · market cap 8.74%
Second Best
Retail
$546.3K
$478.0K – $637.3K
NOI $38,238 @ 7.0% cap · market cap 7.28%
Theoretical Best
Office A
$898.8K
$786.5K – $1.05M
NOI $62,918 @ 7.0% cap · market cap 11.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
COLUMBIA GREENE BOARD ...
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Hudson
- County
- Columbia
- State
- New York
- Longitude
- -73.7616
- Latitude
- 42.2704
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Adaptable space with expansion potential on a spacious two-acre lot.
Where is this office units located?
The property is located at 337 Fairview Avenue Hudson, NY.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Over 3,600 sq. ft. of flexible space suitable for diverse business needs.; Expansive 2‑acre lot offering room for expansion or additional construction (with town approval).; Convenient dual access from a state route and a town road.
