Greek Revival Mansion with
824 Warren Street Hudson, NY 12534
824 Warren Street, Hudson, NY, 12534
$925,000
For Sale
$925,000
Zoned Commercial/Residential, this 1840 Greek Revival property includes an attached duplex and a warehouse-sized triple lot.
Property Size4,300 SF
Lot Size0.28 Acres
Price / SF$215.12
Days on Market45
Property Features for 824 Warren Street
General Information
- Standard status
- Active
- Size
- 4,300 SF
- Lot size
- 0.28 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1840
Listing agency
Houlihan Lawrence Inc.
(518) 755-3296
Listed by
Paul Barrett · License #10301216477
(518) 755-3296
Source
Xome
Added: Jun 9 Updated: Jul 22 at 1:28PM Checked: Jul 23 at 4:09AM
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 Houlihan Lawrence Inc.
Investment Insights
Based on property information with market context.
Known as the Folger Mansion, this 1840 Greek Revival house is zoned Commercial/Residential and is situated on a 100’ x 120’ triple lot. The main residence features a commanding two-story portico and preserved, carefully renewed original elements including doors, hardware, windows, mantels, and architectural trim. Inside, the ground floor offers a broad entry hall with mahogany staircase, double parlors with fireplaces, a library, kitchen, and a bathroom. The second floor includes two large bedrooms with fireplaces, two smaller bedrooms, and two bathrooms, with the third floor offering four rooms that were formerly servant’s quarters.
An attached duplex rental apartment is included as a later addition. It contains a living room, eat-in kitchen, two bedrooms, and a full bath, and the ground floor of the annex has an entrance that fronts toward Warren Street and could serve as retail or office space. The property also includes a large yard with mature trees and a detached three-car garage. Located in the Hudson Historic District and described as convenient to the Amtrak station nearby, the house is set for redevelopment and refresh by an experienced buyer willing to complete the needed strategic work.
An attached duplex rental apartment is included as a later addition. It contains a living room, eat-in kitchen, two bedrooms, and a full bath, and the ground floor of the annex has an entrance that fronts toward Warren Street and could serve as retail or office space. The property also includes a large yard with mature trees and a detached three-car garage. Located in the Hudson Historic District and described as convenient to the Amtrak station nearby, the house is set for redevelopment and refresh by an experienced buyer willing to complete the needed strategic work.
Key Highlights
- 1840 Greek Revival home in the Hudson Historic District, known as the Folger Mansion at 824 Warren
- Zoned Commercial/Residential with ground‑floor annex entry facing Warren Street for potential retail or office use
- Includes attached duplex rental apartment with living room, eat‑in kitchen, 2 bedrooms, and a full bath
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $69.7k | $16.20 |
| − Vacancy | −$3.8k | −$0.89 |
| EGI | $65.8k | $15.31 |
| − OpEx | −$19.7k | −$4.59 |
| NOI | $46.1k | $10.72 |
4,300 SF · lease $16.20/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$658.3K
$576.0K – $768.0K
NOI $46,080 @ 7.0% cap · market cap 4.98%
Second Best
Apartment 5plus
$577.7K
$505.5K – $674.0K
NOI $40,442 @ 7.0% cap · market cap 4.37%
Theoretical Best
Office A
$1.06M
$930.9K – $1.24M
NOI $74,469 @ 7.0% cap · market cap 8.05%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Hudson House
Art Gallery
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FAQs
What type of property is this?
Duplex - Zoned Commercial/Residential, this 1840 Greek Revival property includes an attached duplex and a warehouse-sized triple lot.
Where is this duplex located?
The property is located at 824 Warren Street Hudson, NY.
What is the asking price?
The asking price for this property is $925,000.
What are key features of this property?
This property features: 1840 Greek Revival home in the Hudson Historic District, known as the Folger Mansion at 824 Warren; Zoned Commercial/Residential with ground‑floor annex entry facing Warren Street for potential retail or office use; Includes attached duplex rental apartment with living room, eat‑in kitchen, 2 bedrooms, and a full bath
