Mixed-Use Building with Commercial
For Sale
$2,795,000
754756 754-756 Columbia St, Hudson, NY 12534
The property combines commercial and residential occupancy within a multi-unit building.
Property Size22,568 SF
Price / SF$123.85
Days on Market39
Property Features for 754756 754-756 Columbia St
General Information
Standard status
Active
Size
22,568 SF
Additional Details
Gross Income
$288,252
Multifamily Units
5
Building Details
Year Built
1971
Buildings
1
Listing Agency:
Barns & Farms Realty, LLC
(518) 928-7239
Listed By:
David Birch · License #137689-RE-RB
Source:
Upstatecurious
Added: Jul 21
Changed: Aug 28
Last Checked: Aug 25 at 5:46AM
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 property contains 22,568 square feet with six commercial units and five residential units. Constructed in 1971, the building accommodates both business and residential occupancy within one integrated asset.
The property is located at 754-756 Columbia St in downtown Hudson, New York. Its combination of commercial and residential units creates a diversified configuration for mixed-use ownership.
The property is located at 754-756 Columbia St in downtown Hudson, New York. Its combination of commercial and residential units creates a diversified configuration for mixed-use ownership.
Key Highlights
- 22,568 SF mixed‑use building
- Six commercial units and five residential units
- Built in 1971
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
7.59%
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 7.59%
Second Best
—
—
no second resolved use
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
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
802
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property combines commercial and residential occupancy within a multi-unit building.
Where is this mixed-use property located?
The property is located at 754756 754-756 Columbia St 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: 22,568 SF mixed‑use building; Six commercial units and five residential units; Built in 1971
