Three-Story Mixed-Use
New
For Sale
$1,795,000
511 Warren Street, Hudson, NY 12534
Ground-floor retail space is paired with a four-bedroom duplex above, accessed through its own exterior entrance.
Property Size5,404 SF
Price / SF$332.41
Days on Market6
Property Features for 511 Warren Street
General Information
Standard status
Active
Size
5,404 SF
Property subtype
Mixed Use
Units
Unit Mix
1 x 4BR Duplex
Multifamily Units
1
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$14,105
Amenities
roof deck
Building Details
Building Size
5,404 SF
Year Built
1900
Buildings
1
Stories
3
Construction
brick
Listing Agency:
Houlihan Lawrence Inc.
Listed By:
Paul Barrett · License #10301216477
(518) 755-3296
Source:
Gristmillrealestate
Added: Oct 12
Changed: Oct 16
Last Checked: Oct 16 at 1:34PM
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 Houlihan Lawrence Inc.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This three-story brick property combines a ground-floor retail showroom with a four-bedroom duplex on the upper levels. The showroom spans 2,500 square feet and includes a service kitchenette and half bath. The second floor has a living room, dining room, kitchen, bedroom with sitting room, and bathroom; three additional bedrooms and a bath occupy the third floor. A separate outside entrance serves the duplex, and each upper floor has a roof deck with views of Hudson and the Catskills. The building has modernized systems, separate metering for each floor, and has been actively used and maintained. Its Warren Street address places retail and residential space within Hudson’s in-town setting.
Key Highlights
- 2,500‑square‑foot retail showroom with service kitchenette and half bath
- Four‑bedroom upper‑level duplex with a private exterior entrance
- Three‑story brick building with a roof deck on each upper floor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$56,836
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,720
$1.1M
Cap Rate 7%
$811,943
$811.9K
Cap Rate 9%
$631,511
$631.5K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$90.7K $16.80/SF
− Vacancy
−$9.5K −$1.76/SF
EGI
$81.2K $15.04/SF
− OpEx
−$24.4K −$4.51/SF
NOI
$56.8K $10.53/SF
Area
Columbia County, NY
Vacancy
10.50%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,136,720
Cap Rate 7%
$811,943
Cap Rate 9%
$631,511
Alternative Uses
Best Use
Retail
$811.9K
$710.5K – $947.3K
NOI $56,836 @ 7.0% cap · market cap 3.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.34M
$1.17M – $1.56M
NOI $93,519 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
1
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,459
Businesses Nearby
8k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Speedway
Shops & Services
3,583 visits/mo
0.2 miles
Citgo
Shops & Services
2,286 visits/mo
0.2 miles
Berkshire Bank
Shops & Services
2,190 visits/mo
0.1 miles
Demographics for 12534, NY
17,539
Population
9,613
Households
1.8
Avg Household Size
46
Median Age
33%
College-Educated
88%
High-School Grad
88.6 sq mi
ZIP Area
198
Density / Sq Mi
$76,086
Median Household Income
$40,823
Median Earnings
$1,296
Median Rent
$260,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor retail space is paired with a four-bedroom duplex above, accessed through its own exterior entrance.
Where is this mixed-use property located?
The property is located at 511 Warren Street Hudson, NY.
What is the asking price?
The asking price for this property is $1,795,000.
What are key features of this property?
This property features: 2,500‑square‑foot retail showroom with service kitchenette and half bath; Four‑bedroom upper‑level duplex with a private exterior entrance; Three‑story brick building with a roof deck on each upper floor
