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    360 State St Hudson, NY 12534

    Sponsored
    For Sale
    $3,950,000

    Historic School Building, 89,500 SF

    Property size:
    89,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    394
    This exceptional 89,500 square foot property, located at 360 State Street in Hudson, NY, presents a unique redevelopment opportunity. The former John L. Edwards elementary school sits on a sizable 5.3-acre lot and offers significant potential for adaptive reuse. The three-story building features ample parking with 50 spaces, an elevator, and robust 1200 amp/3-phase power. The property is zoned R-1 for one-family residence, though its size and features suggest a variety of alternative development possibilities. The site boasts excellent street access via State Street and Carroll Street, with a high daily traffic count of 6,296 vehicles on State Street, ensuring high visibility. The asking price for this substantial property is $3,950,000, translating to $44.13 per square foot. The property's APN is 110.37-1-1. This is a rare chance to acquire a landmark building with significant potential in a thriving upstate New York community. The scale and character of this former school building offer a compelling canvas for a creative developer seeking a high-impact project. The extensive parking and convenient location further enhance the property's appeal.

    Property Features for 360 State St

    General Information

    Property type
    Specialty properties
    Square Feet
    89,500 SF
    Lot Size
    230,868 SF

    Building Details

    Stories
    3

    HighLights

    • 50+ Parking Spaces
    • Three‑Story Building
    • Former John L. Edwards School
    • 5.3‑Acre Site
    • One Elevator
    • 1200 Amp, 3‑Phase Power
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Daycare Center Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hudson
    County
    Columbia
    State
    New York
    Longitude
    -73.7864311
    Latitude
    42.2530932

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    FAQs

    What type of property is this?
    Specialty property - Historic School Building, 89,500 SF
    Where is this specialty property located?
    The property is located at 360 State St Hudson, NY.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: 50+ Parking Spaces; Three-Story Building; Former John L. Edwards School
    (518) 452-2700
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    360 State St Hudson, NY 12534
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    Hudson, NY 12534
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    360 State St Hudson, NY 12534
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