Mixed-Use 8-Unit Income
For Sale
$695,000
94-98 S Main Street, Castleton, NY 12033
Eight-unit property with three commercial storefronts and five apartments, supported by separate utilities.
Property Size7,500 SF
Price / SF$92.67
Days on Market85
Property Features for 94-98 S Main Street
General Information
Standard status
Active
Size
7,500 SF
Property subtype
Multi Family
Units
Multifamily Units
5
Office Units
3
Building Details
Building Size
7,500 SF
Tenancy
Multi
Listing Agency:
MIRANDA REAL ESTATE GROUP INC
(518) 489-9199
Listed By:
Pyramid Brokerage Albany
(518) 489-9199
Source:
Pyramidbrokerage
Added: Jun 3
Changed: Aug 23
Last Checked: Aug 26 at 5:28AM
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 MIRANDA REAL ESTATE GROUP INC
Investment Insights
Based on property information with market context.
This well-maintained mixed-use property contains 8 units total, made up of 3 commercial spaces and 5 residential apartments. The residential units are described as having spacious floor plans with hardwood flooring and tiled bathrooms, and the remarks note Hudson River views. The property also benefits from a separate-utilities setup, with tenants responsible for their own heat, hot water, electric, and cable, while the landlord’s expenses are limited to water, sewer, and trash collection.
The asset is located on S Main Street in Castleton-on-Hudson, with convenient access to area amenities. The property is described as about 10 minutes from East Greenbush’s shopping, restaurants, and everyday conveniences, and roughly 15 minutes from Downtown Albany.
From an ownership perspective, the current configuration offers a straightforward income and leasing pathway. The remarks state that when fully rented, the property generates over $7,000 per month in gross rental income, and that currently only two units are vacant. This mix can support tenants seeking both residential living and storefront space under one roof, while the tenant-billed utility structure is designed to keep operating costs comparatively contained.
The asset is located on S Main Street in Castleton-on-Hudson, with convenient access to area amenities. The property is described as about 10 minutes from East Greenbush’s shopping, restaurants, and everyday conveniences, and roughly 15 minutes from Downtown Albany.
From an ownership perspective, the current configuration offers a straightforward income and leasing pathway. The remarks state that when fully rented, the property generates over $7,000 per month in gross rental income, and that currently only two units are vacant. This mix can support tenants seeking both residential living and storefront space under one roof, while the tenant-billed utility structure is designed to keep operating costs comparatively contained.
Key Highlights
- 8‑unit mixed‑use property with 3 commercial spaces and 5 residential apartments
- Over $7,000/month gross rental income when fully rented; only two units are currently vacant
- Separate utilities: tenants pay heat, hot water, electric, and cable
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
5
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
62
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Eight-unit property with three commercial storefronts and five apartments, supported by separate utilities.
Where is this apartment building located?
The property is located at 94-98 S Main Street Castleton, NY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: 8‑unit mixed‑use property with 3 commercial spaces and 5 residential apartments; Over $7,000/month gross rental income when fully rented; only two units are currently vacant; Separate utilities: tenants pay heat, hot water, electric, and cable
