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754-756 Columbia Street, Hudson, NY 12534
Mixed-use commercial/residential building in downtown Hudson.
Property Size22,568 SF
Price / SF$123.85
Days on Market321
Property Features for 754-756 Columbia Street
General Information
Standard status
Active
Size
22,568 SF
Property subtype
Mixed Use, Retail, Office, Land, Multifamily
Building Details
Year Built
1971
Listing Agency:
Barns & Farms Realty, LLC
(518) 928-7239
Listed By:
David Birch · License #NY 137689-RE-RB
Source:
Crexi
Added: Sep 23, 2025
Changed: Jul 10
Last Checked: Aug 8 at 12:31PM
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 Barns & Farms Realty, LLC
Investment Insights
Based on property information with market context.
This mixed-use commercial and residential building is located in downtown Hudson. The property has a total area of 22,568 square feet and includes six commercial units and five residential units. The building generates a monthly income of $24,021.
Key Highlights
- Premier mixed‑use building in the heart of downtown.
- Substantial monthly income of $24,021.
- Includes 6 commercial units.
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
$237,533
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
8.50%
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%
$4,750,660
$4.8M
Cap Rate 7%
$3,393,329
$3.4M
Cap Rate 9%
$2,639,256
$2.6M
Market Conditions
NOI Build-Up for 22,568 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
$379.1K $16.80/SF
− Vacancy
−$39.8K −$1.76/SF
EGI
$339.3K $15.04/SF
− OpEx
−$101.8K −$4.51/SF
NOI
$237.5K $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 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%
$4,750,660
Cap Rate 7%
$3,393,329
Cap Rate 9%
$2,639,256
Alternative Uses
Best Use
Retail
$3.39M
$2.97M – $3.96M
NOI $237,533 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$3.03M
$2.65M – $3.54M
NOI $212,252 @ 7.0% cap · market cap 7.59%
Theoretical Best
Office A
$5.58M
$4.89M – $6.51M
NOI $390,842 @ 7.0% cap · market cap 13.98%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use commercial/residential building in downtown Hudson.
Where is this mixed-use property located?
The property is located at 754-756 Columbia Street Hudson, NY.
What is the asking price?
The asking price for this property is $2,795,000.
What are key features of this property?
This property features: Premier mixed‑use building in the heart of downtown.; Substantial monthly income of $24,021.; Includes 6 commercial units.
