Mixed-Use Building with Rear
744 Warren Street Hudson, NY 12534
744 Warren Street, Hudson, NY, 12534
$675,000
For Sale
$675,000
Historic circa 1908 mixed-use building with two street entrances, open ground floor, and a rear lot with off-street parking.
Property Size4,225 SF
Price / SF$159.76
Days on Market33
Property Features for 744 Warren Street
General Information
- Standard status
- Active
- Size
- 4,225 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1908
Listing agency
Houlihan Lawrence, Inc
(518) 821-0826
Listed by
Anthony Dargenzio
(518) 821-0826
Source
Xome
Added: Jun 19 Updated: Jul 21 at 3:49AM Checked: Jul 21 at 3:49AM
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
Investment Insights
Based on property information with market context.
The Bellwether Building is a circa 1908 mixed-use property with a historic facade, original staircase and banister preserved, and a ground floor that has been fully opened following a 2025 fire and subsequent gut renovation. The ground level features two separate entrances facing Warren Street, with the left entry set between two large street-level windows and an uninterrupted space running from front to back. The right entrance leads to the original staircase, while the second and third floors provide generous, uninterrupted spaces with large bay windows overlooking Warren Street, with salvaged original radiators remaining in the building.
A wide rear lot extends the property and includes off-street parking and substantial open space. The property is served by city water, electricity, and gas. The provided zoning information indicates the lot can accommodate a commercial kitchen addition, carriage house, garage, additional residential units, and outdoor dining, among other possibilities.
As part of the renovation, there is currently no electrical, plumbing, or HVAC in place. The rubber roof is about eight years old, and the rear portion of the building has been rebuilt with new framing, new windows, a new and reinforced foundation, and a new door. This reset condition supports tailoring finishes, layout, and systems to a buyer’s next chapter for the building and its rear-lot development opportunities.
A wide rear lot extends the property and includes off-street parking and substantial open space. The property is served by city water, electricity, and gas. The provided zoning information indicates the lot can accommodate a commercial kitchen addition, carriage house, garage, additional residential units, and outdoor dining, among other possibilities.
As part of the renovation, there is currently no electrical, plumbing, or HVAC in place. The rubber roof is about eight years old, and the rear portion of the building has been rebuilt with new framing, new windows, a new and reinforced foundation, and a new door. This reset condition supports tailoring finishes, layout, and systems to a buyer’s next chapter for the building and its rear-lot development opportunities.
Key Highlights
- Circa 1908 mixed‑use building with historic facade intact and original staircase/bannister preserved
- Two separate entrances face Warren Street, with an open front‑to‑back ground floor ready for a new layout
- Back lot offers off‑street parking (4 parking spaces) plus substantial open space for expansion or additions
Local Financial Insights For Specialty Retail
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 | $91.3k | $21.60 |
| − Vacancy | −$9.5k | −$2.25 |
| EGI | $81.8k | $19.35 |
| − OpEx | −$20.4k | −$4.84 |
| NOI | $61.3k | $14.52 |
4,225 SF · lease $21.60/SF/yr · vacancy 10.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$876.1K
$766.6K – $1.02M
NOI $61,327 @ 7.0% cap · market cap 9.09%
Second Best
Office B
$762.7K
$667.3K – $889.8K
NOI $53,387 @ 7.0% cap · market cap 7.91%
Theoretical Best
Office A
$1.05M
$914.6K – $1.22M
NOI $73,170 @ 7.0% cap · market cap 10.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Wunderbar Bistro
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Historic circa 1908 mixed-use building with two street entrances, open ground floor, and a rear lot with off-street parking.
Where is this conventional restaurant located?
The property is located at 744 Warren Street Hudson, NY.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Circa 1908 mixed‑use building with historic facade intact and original staircase/bannister preserved; Two separate entrances face Warren Street, with an open front‑to‑back ground floor ready for a new layout; Back lot offers off‑street parking (4 parking spaces) plus substantial open space for expansion or additions
