Multifamily Apartment Building
34-36 Fairview Avenue Hudson, NY 12534
34-36 Fairview Avenue, Hudson, NY, 12534
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For Sale
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Two well-kept multifamily buildings offer twelve bright two-bedroom apartments with classic porches in Hudson, NY.
Property Size12,600 SF
Price / SF$237.70
Days on Market278
Property Features for 34-36 Fairview Avenue
General Information
- Standard status
- Active
- Size
- 12,600 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1974
Listing agency
Hudson Modern
(845) 579-8050
Listed by
Zev Eisenberg · License #10401321002
Source
Crexi
Added: Oct 17, 2025 Updated: Jul 20 at 6:03PM Checked: Jul 21 at 9:52AM
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 Hudson Modern
Investment Insights
Based on property information with market context.
Fairview Commons presents a pair of well-kept multifamily buildings at 34–36 Fairview Avenue in Hudson, New York. The property contains twelve two-bedroom apartments, each described as bright and spacious, set behind classic porches with crisp, matching architectural lines between the two mirrored buildings.
The buildings sit across a quiet, tree-lined street, creating a clean, well-scaled residential income setting. The offering notes that there are no rent regulations in place, and that current leases are positioned well below what’s described as the city’s growing demand.
For buyers evaluating a residential income asset, the stated configuration is straightforward: two buildings, twelve two-bedroom units, with leases continuing in place at the time of offering and an emphasis on stability through described low vacancy and steady tenant demand.
The buildings sit across a quiet, tree-lined street, creating a clean, well-scaled residential income setting. The offering notes that there are no rent regulations in place, and that current leases are positioned well below what’s described as the city’s growing demand.
For buyers evaluating a residential income asset, the stated configuration is straightforward: two buildings, twelve two-bedroom units, with leases continuing in place at the time of offering and an emphasis on stability through described low vacancy and steady tenant demand.
Key Highlights
- Two multifamily buildings at 34–36 Fairview Street in Hudson, NY (Fairview Commons).
- Built in 1974.
- Total of 12 apartments.
Local Financial Insights For Apartment 5plus
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 | $226.8k | $18.00 |
| − Vacancy | −$11.3k | −$0.90 |
| EGI | $215.5k | $17.10 |
| − OpEx | −$97.0k | −$7.69 |
| NOI | $118.5k | $9.41 |
12,600 SF · lease $18.00/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.69M
$1.48M – $1.98M
NOI $118,503 @ 7.0% cap · market cap 3.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.12M
$2.73M – $3.64M
NOI $218,212 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Two well-kept multifamily buildings offer twelve bright two-bedroom apartments with classic porches in Hudson, NY.
Where is this apartment building located?
The property is located at 34-36 Fairview Avenue Hudson, NY.
What is the asking price?
The asking price for this property is $2,995,000.
What are key features of this property?
This property features: Two multifamily buildings at 34–36 Fairview Street in Hudson, NY (Fairview Commons).; Built in 1974.; Total of 12 apartments.
