Brick Duplex with Unfinished Apartment
79 S Main Street, Castleton on Hudson, NY 12033
For Sale
New
$299,900
MultiFamily, Castleton On Hudson, NY
Property Size1,900 SF
Lot Size0.19 Acres
Price / SF$157.84
Days on Market2
Property Features for 79 S Main Street
General Information
Property type
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Zoning
Bedrooms
Bathrooms
Full bathrooms
Half bathrooms
Rooms
Parking
Parking features
Patio and Porch features
Interior features
Basement
Lot features
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High school
Elementary school district
Middle school district
High school district
Directions
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Annual Amount
Utilities
Sewer type
Heating system
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Building Details
Year built
Number of units
Flooring type
Building materials
Roof type
Listing Agency:
Berkshire Hathaway Home Services Blake · Berkshire Hathaway HomeServices
(518) 758-1300
Listed By:
Karen R Westman · License NY 30WE1064299
(518) 366-7788
Added: Nov 9
Last Checked: Nov 10 at 8:06AM
MLS# 202629800
Copyright © 2026 Global MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick duplex property includes a restored 1,900-square-foot, three-bedroom home built in 1850. Updates include natural-gas heating, central air, a new roof, and replacement electrical and plumbing systems. The kitchen features a Forno eight-burner range, Bosch refrigerator and dishwasher, and granite counters. A laundry area and half bath sit off the kitchen, with a formal dining room and a full tile bath upstairs. Original wide-plank floors were refinished in 2022.
A separate area that previously contained apartments remains unfinished, with the interior stripped to the studs. The property is designated and taxed as a three-unit residence; the source also identifies a two-unit or in-law configuration as permissible. The 0.19-acre property is on Main Street, beside the library.
A separate area that previously contained apartments remains unfinished, with the interior stripped to the studs. The property is designated and taxed as a three-unit residence; the source also identifies a two-unit or in-law configuration as permissible. The 0.19-acre property is on Main Street, beside the library.
Key Highlights
- Restored 1,900‑square‑foot, three‑bedroom brick home
- Separate apartment area is unfinished, with interior framing exposed
- Designated and taxed as a 3‑unit property; a 2‑unit or in‑law arrangement is permissible
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$24,886
Cap Rate
8.30%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,720
$497.7K
Cap Rate 7%
$355,514
$355.5K
Cap Rate 9%
$276,511
$276.5K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$37.6K $19.80/SF
− Vacancy
−$2.1K −$1.09/SF
EGI
$35.6K $18.71/SF
− OpEx
−$10.7K −$5.61/SF
NOI
$24.9K $13.10/SF
Area
Rensselaer County, NY
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$497,720
Cap Rate 7%
$355,514
Cap Rate 9%
$276,511
Alternative Uses
Best Use
Multifamily LT 5
$355.5K
$311.1K – $414.8K
NOI $24,886 @ 7.0% cap · market cap 8.30%
Second Best
Apartment 5plus
$329.5K
$288.3K – $384.4K
NOI $23,063 @ 7.0% cap · market cap 7.69%
Theoretical Best
Office A
$475.0K
$415.6K – $554.1K
NOI $33,248 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
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Lease Details
3
Residential units
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
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Business Placement
Demographics for 12033, NY
8,076
Population
3,843
Households
2.1
Avg Household Size
46
Median Age
35%
College-Educated
93%
High-School Grad
28.5 sq mi
ZIP Area
283
Density / Sq Mi
$92,808
Median Household Income
$55,875
Median Earnings
$1,380
Median Rent
$267,500
Median Home Value
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Market
Average Price Trend$/SF for Duplexes in Rensselaer County, NY
Properties on Market for Duplexes in Rensselaer County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - A renovated brick residence pairs updated building systems with a separate interior area awaiting completion.
Where is this duplex located?
The property is located at 79 S Main Street Castleton on Hudson, NY.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: Restored 1,900‑square‑foot, three‑bedroom brick home; Separate apartment area is unfinished, with interior framing exposed; Designated and taxed as a 3‑unit property; a 2‑unit or in‑law arrangement is permissible
