Mixed-Use Building with
747 Columbia Street Hudson, NY 12534
For Sale
Contact for pricing
Two adjacent buildings offer a renovated restaurant with private dining plus studio and industrial-chic apartment units.
Property Size6,049 SF
Price / SF$322.37
Days on Market59
Property Features for 747 Columbia Street
General Information
- Standard status
- Active
- Size
- 6,049 SF
- Property subtype
- Mixed Use, Land, Retail
Building Details
- Year Built
- 1959
Listing Agency:
The Kinderhook Group, Inc.
(518) 751-4444
Listed By:
Victor Mendolia · License #10301213871
Source:
Crexi
Added: May 26
Changed: Jul 23
Last Checked: Jul 23 at 9:38AM
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 The Kinderhook Group, Inc.
Investment Insights
Based on property information with market context.
This offering includes two adjacent buildings on two parcels, sold together. The first building is a three-story structure currently housing Li'l Deb's Oasis, with a fully renovated studio apartment on the second-floor rear. The second floor above the restaurant operates as a private dining room, and the third floor provides an attic space that could be converted to a deluxe duplex apartment.
The second building is a former auto repair garage converted into The Mechanic Apartments, featuring two industrial-chic apartment units on the property known as 747 1/2 Columbia Street (also referenced as the rear). One unit is a 2-bedroom, 2-bath layout, and the other is a spacious, light-filled studio with a large skylight. 747 1/2 sits behind 747 down a small alley that is part of the parcels.
Parcel identifiers are provided as Parcel # 110.53-2-31.21 for 747 Columbia Street and Parcel # 110.53-2-31.22 for 747 1/2 Columbia Street (rear).
The second building is a former auto repair garage converted into The Mechanic Apartments, featuring two industrial-chic apartment units on the property known as 747 1/2 Columbia Street (also referenced as the rear). One unit is a 2-bedroom, 2-bath layout, and the other is a spacious, light-filled studio with a large skylight. 747 1/2 sits behind 747 down a small alley that is part of the parcels.
Parcel identifiers are provided as Parcel # 110.53-2-31.21 for 747 Columbia Street and Parcel # 110.53-2-31.22 for 747 1/2 Columbia Street (rear).
Key Highlights
- Two adjacent buildings on two parcels sold together: 747 Columbia St and 747 1/2 Columbia St (rear) with a small alley access behind 747
- 3‑story building at 747 Columbia St includes one fully renovated studio apartment on the second‑floor rear
- Second floor above the restaurant at 747 Columbia St is a private dining room, plus a third‑floor attic space
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 | $130.7k | $21.60 |
| − Vacancy | −$13.6k | −$2.25 |
| EGI | $117.1k | $19.35 |
| − OpEx | −$29.3k | −$4.84 |
| NOI | $87.8k | $14.52 |
6,049 SF · lease $21.60/SF/yr · vacancy 10.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.25M
$1.10M – $1.46M
NOI $87,802 @ 7.0% cap · market cap 4.50%
Second Best
Apartment 5plus
$812.7K
$711.1K – $948.2K
NOI $56,891 @ 7.0% cap · market cap 2.92%
Theoretical Best
Office A
$1.50M
$1.31M – $1.75M
NOI $104,759 @ 7.0% cap · market cap 5.37%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Lil' Deb's Oasis
Restaurant
The Mechanic's Apartments - Hudson ...
Travel Agency
FAQs
What type of property is this?
Conventional restaurant - Two adjacent buildings offer a renovated restaurant with private dining plus studio and industrial-chic apartment units.
Where is this conventional restaurant located?
The property is located at 747 Columbia Street Hudson, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Two adjacent buildings on two parcels sold together: 747 Columbia St and 747 1/2 Columbia St (rear) with a small alley access behind 747; 3‑story building at 747 Columbia St includes one fully renovated studio apartment on the second‑floor rear; Second floor above the restaurant at 747 Columbia St is a private dining room, plus a third‑floor attic space
