Mixed-Use Building with Retail
For Sale
$1,100,000
745 Warren Street, Hudson, NY 12534
Ground-floor commercial space accompanies two residential units with porches, backyard access, and updated building systems.
Property Size3,726 SF
Days on Market102
Property Features for 745 Warren Street
General Information
Standard status
Active
Size
3,726 SF
Property subtype
Mixed Use
Taxes and HOA fees
Annual Taxes
$15,144
Building Details
Building Size
3,726 SF
Year Built
1900
Buildings
1
Tenancy
Multi
Listing Agency:
LYF Homes
(518) 929-2303
Listed By:
Kylah Campeta · License #10401348637
Source:
C21newwest
Added: May 22
Changed: Aug 30
Last Checked: Aug 30 at 6:15PM
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 LYF Homes
Investment Insights
Based on property information with market context.
Constructed in 1900, this mixed-use property combines a ground-floor commercial suite with two three-bedroom apartments. The commercial area includes three rooms, an open section, and a bathroom, while each apartment offers three bedrooms, a living room, a large kitchen, a bathroom, laundry, and abundant natural light. Both residences also have access to a New Orleans-style front porch and the backyard. The building has been consistently occupied and maintained, with all systems described as up to date.
The property is located at 745 Warren Street in Hudson, New York. Its street-facing commercial component is configured for retail use, while the residential portion provides two separate apartments within the same building.
The property is located at 745 Warren Street in Hudson, New York. Its street-facing commercial component is configured for retail use, while the residential portion provides two separate apartments within the same building.
Key Highlights
- Ground‑floor commercial space with three rooms, an open area, and a bathroom
- Two 3‑bedroom apartments, each with a living room, large kitchen, bathroom, and laundry
- Both apartments offer access to a New Orleans‑style front porch and backyard
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,929
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.63%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$798,580
$798.6K
Cap Rate 7%
$570,414
$570.4K
Cap Rate 9%
$443,656
$443.7K
Market Conditions
NOI Build-Up for 3,726 SF
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.
Gross rent
$60.4K $16.20/SF
− Vacancy
−$3.3K −$0.89/SF
EGI
$57.0K $15.31/SF
− OpEx
−$17.1K −$4.59/SF
NOI
$39.9K $10.72/SF
Area
Columbia County, NY
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$798,580
Cap Rate 7%
$570,414
Cap Rate 9%
$443,656
Alternative Uses
Best Use
Multifamily LT 5
$570.4K
$499.1K – $665.5K
NOI $39,929 @ 7.0% cap · market cap 3.63%
Second Best
Retail
$560.2K
$490.2K – $653.6K
NOI $39,217 @ 7.0% cap · market cap 3.57%
Theoretical Best
Office A
$921.8K
$806.6K – $1.08M
NOI $64,528 @ 7.0% cap · market cap 5.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,313
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Ground-floor commercial space accompanies two residential units with porches, backyard access, and updated building systems.
Where is this mixed-use property located?
The property is located at 745 Warren Street Hudson, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Ground‑floor commercial space with three rooms, an open area, and a bathroom; Two 3‑bedroom apartments, each with a living room, large kitchen, bathroom, and laundry; Both apartments offer access to a New Orleans‑style front porch and backyard
