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Mixed-Use 8-Unit Income Property

94-98 S Main Street Castleton on Hudson, NY 12033

94-98 S Main Street, Castleton on Hudson, NY, 12033
$695,000
For Sale
$695,000

Eight-unit property with three commercial storefronts and five apartments, supported by separate utilities.

Property Size7,500 SF
Price / SF$92.67
Days on Market49

Property Features for 94-98 S Main Street

General Information

Standard status
Active
Size
7,500 SF
Property subtype
Commercial
Listing Agency MIRANDA REAL ESTATE GROUP INC
Listed by AMANDA L HART
Source Corcoran
Added: Jun 1 Checked: Jul 17 at 3:47 am

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.

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 Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Building Supply HVAC Service Auto Repair Shop Electrical Service Law Firm Grocery & Convenience Store Bakery Carpet & Flooring Store Spa & Massage Center Skin Care Clinic

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

FAQs

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 on Hudson, 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
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