Mixed-Use Property with Attached
401 Hudson Avenue, Mechanicville, NY 12118
For Sale
$325,000
Commercial Sale, Mechanicville, NY
Property Size1,784 SF
Lot Size0.41 Acres
Price / SF$182.17
Days on Market102
Property Features for 401 Hudson Avenue
General Information
Property type
Property subtype
Zoning
Bathrooms
Full bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Exterior features
Basement
Lot features
View
Elementary school
High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
Water source
Water front features
Water front
Building Details
Year built
Flooring type
Building materials
Roof type
Architectural style
Listing Agency:
Howard Hanna Capital Inc
(518) 371-4500
Listed By:
Teri Kraszewski · License NY #10301218804
(518) 339-7614
Added: Aug 4
Changed: Nov 11
Last Checked: Nov 13 at 4:06AM
MLS# 202623202
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This 1,784-square-foot mixed-use property combines an attached former florist shop with a 3-bedroom ranch residence. The home includes hardwood floors, an updated kitchen and full bath, and a living room with vaulted ceilings. Additional features include a deck and off-street parking.
The 0.41-acre property is zoned B-2 General Business District and has public water and septic service. Built in 1956, the building also includes high-speed internet, a pellet stove, and baseboard and hot-water heating.
The 0.41-acre property is zoned B-2 General Business District and has public water and septic service. Built in 1956, the building also includes high-speed internet, a pellet stove, and baseboard and hot-water heating.
Key Highlights
- Attached former florist shop with a 3‑bedroom ranch residence
- 1,784 square feet on a 0.41‑acre lot
- B‑2 General Business District zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,676
Cap Rate
6.67%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,520
$433.5K
Cap Rate 7%
$309,657
$309.7K
Cap Rate 9%
$240,844
$240.8K
Market Conditions
NOI Build-Up for 1,784 SF
Gross rent
$38.5K $21.60/SF
− Vacancy
−$3.9K −$2.16/SF
EGI
$34.7K $19.44/SF
− OpEx
−$13.0K −$7.29/SF
NOI
$21.7K $12.15/SF
Area
Saratoga County, NY
Vacancy
10.00%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$433,520
Cap Rate 7%
$309,657
Cap Rate 9%
$240,844
Alternative Uses
Best Use
Mixed Use
$309.7K
$271.0K – $361.3K
NOI $21,676 @ 7.0% cap · market cap 6.67%
Second Best
Retail
$307.6K
$269.2K – $358.9K
NOI $21,534 @ 7.0% cap · market cap 6.63%
Theoretical Best
Office A
$534.0K
$467.2K – $623.0K
NOI $37,378 @ 7.0% cap · market cap 11.50%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
30
Businesses Nearby
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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
$315,100
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Saratoga County, NY
Properties on Market for Mixed-use properties in Saratoga County
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A 3-bedroom residence and former florist shop occupy a 0.41-acre parcel zoned for commercial use.
Where is this mixed-use property located?
The property is located at 401 Hudson Avenue Mechanicville, NY.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Attached former florist shop with a 3‑bedroom ranch residence; 1,784 square feet on a 0.41‑acre lot; B‑2 General Business District zoning
