Mixed-Use Building with 5 Residential
For Sale
$2,695,000
754-756 Columbia Street, Hudson, NY 12534
Downtown Hudson mixed-use building featuring 6 commercial spaces and 5 residential units built in 1971.
Property Size22,568 SF
Price / SF$119.42
Days on Market320
Property Features for 754-756 Columbia Street
General Information
Standard status
Active
Size
22,568 SF
Property subtype
Mixed Use
Additional Details
Gross Income
$288,252
Multifamily Units
5
Taxes and HOA fees
Annual Taxes
$42,576
Building Details
Building Size
22,568 SF
Year Built
1971
Buildings
1
Listing Agency:
Barns & Farms Realty, LLC
(518) 928-7239
Listed By:
David Birch · License #137689-RE-RB
Source:
C21newwest
Added: Sep 24, 2025
Changed: Aug 8
Last Checked: Aug 9 at 11:52AM
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/residential building at 754-756 Columbia Street in Hudson, NY includes 6 commercial units and 5 residential units. The property totals 22,568 SF and was built in 1971, offering a combined setup for tenants needing street-level commercial space alongside residential occupancy within the same structure.
Located in the heart of downtown Hudson, the building is positioned to serve both commercial and residential demand from a single address. With its mixed configuration, the layout supports a tenant mix that can be managed together operationally, while keeping commercial and residential uses under one roof.
For investors or operators evaluating mixed-use setups in downtown markets, this asset presents a defined unit count and building size, with construction dating to 1971 and an overall mixed-use design of commercial and residential components.
Located in the heart of downtown Hudson, the building is positioned to serve both commercial and residential demand from a single address. With its mixed configuration, the layout supports a tenant mix that can be managed together operationally, while keeping commercial and residential uses under one roof.
For investors or operators evaluating mixed-use setups in downtown markets, this asset presents a defined unit count and building size, with construction dating to 1971 and an overall mixed-use design of commercial and residential components.
Key Highlights
- 22,568 SF mixed‑use building
- 6 commercial units
- 5 residential 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
$212,252
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
7.88%
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%
$4,245,040
$4.2M
Cap Rate 7%
$3,032,171
$3.0M
Cap Rate 9%
$2,358,356
$2.4M
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
$406.2K $18.00/SF
− Vacancy
−$20.3K −$0.90/SF
EGI
$385.9K $17.10/SF
− OpEx
−$173.7K −$7.69/SF
NOI
$212.3K $9.41/SF
Area
Columbia County, NY
Vacancy
5.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
45.00%
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%
$4,245,040
Cap Rate 7%
$3,032,171
Cap Rate 9%
$2,358,356
Alternative Uses
Best Use
Apartment 5plus
$3.03M
$2.65M – $3.54M
NOI $212,252 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.58M
$4.89M – $6.51M
NOI $390,842 @ 7.0% cap · market cap 14.50%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
1,459
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 - Downtown Hudson mixed-use building featuring 6 commercial spaces and 5 residential units built in 1971.
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 $2,695,000.
What are key features of this property?
This property features: 22,568 SF mixed‑use building; 6 commercial units; 5 residential units
