Three-Unit Warren Street
New
For Sale
$739,000
823 Warren St, Hudson, NY 12534
Established short-term rental with potential for long-term residential use or a mixed-use main floor.
Property Size2,622 SF
Price / SF$281.85
Days on Market4
Property Features for 823 Warren St
General Information
Standard status
Active
Size
2,622 SF
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1980
Listing Agency:
Venture Fox Realty Group
Listed By:
Austin Urban · License #10401324525
(518) 325-9741
Source:
Amodiorealestate
Added: Oct 4
Changed: Oct 5
Last Checked: Oct 5 at 8:57PM
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 Venture Fox Realty Group
Investment Insights
Based on property information with market context.
This 1980 triplex contains three distinct units across 2,622 square feet. It has operated as a short-term rental, and its configuration also supports consideration of long-term residential tenancy. The main floor may be converted to mixed use, combining residential and commercial space.
The property is at 823 Warren St in Hudson, along Warren Street’s shopping and dining corridor. Restaurants, galleries, boutiques, and shops are nearby.
The property is at 823 Warren St in Hudson, along Warren Street’s shopping and dining corridor. Restaurants, galleries, boutiques, and shops are nearby.
Key Highlights
- Three‑unit property totaling 2,622 square feet
- Built in 1980
- Established short‑term rental history
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,098
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,960
$562.0K
Cap Rate 7%
$401,400
$401.4K
Cap Rate 9%
$312,200
$312.2K
Market Conditions
NOI Build-Up for 2,622 SF
Gross rent
$42.5K $16.20/SF
− Vacancy
−$2.3K −$0.89/SF
EGI
$40.1K $15.31/SF
− OpEx
−$12.0K −$4.59/SF
NOI
$28.1K $10.72/SF
Area
Columbia County, NY
Vacancy
5.50%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$561,960
Cap Rate 7%
$401,400
Cap Rate 9%
$312,200
Alternative Uses
Best Use
Multifamily LT 5
$401.4K
$351.2K – $468.3K
NOI $28,098 @ 7.0% cap · market cap 3.80%
Second Best
Apartment 5plus
$352.3K
$308.3K – $411.0K
NOI $24,660 @ 7.0% cap · market cap 3.34%
Theoretical Best
Office A
$648.7K
$567.6K – $756.8K
NOI $45,409 @ 7.0% cap · market cap 6.14%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,313
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Established short-term rental with potential for long-term residential use or a mixed-use main floor.
Where is this triplex located?
The property is located at 823 Warren St Hudson, NY.
What is the asking price?
The asking price for this property is $739,000.
What are key features of this property?
This property features: Three‑unit property totaling 2,622 square feet; Built in 1980; Established short‑term rental history
