Mixed-Use 8-Unit Investment
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
COMMERCIAL - Castleton on Hudson, NY
Property Size7,500 SF
Lot Size0.07 Acres
Price / SF$92.67
Days on Market49
Property Features for 94-98 S Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Size
- 7,500 SF
- Lot size
- 0.07 Acres
Taxes and HOA fees
- Tax Annual Amount
- 9922
Utilities
- Heating system
- Natural Gas, Baseboard, Forced Air, Electric (Heating)
- Water source
- Public
Building Details
- Flooring type
- Tile, Vinyl, Hardwood
- Building materials
- Brick
- Roof type
- Rubber
Listing Agency
Miranda Real Estate Group Inc
(518) 348-2060
1482 Rt 9, Clifton Park, NY
Listed by
Amanda L Hart
(518) 348-2060
Added: Jun 1 Checked: Jul 19 at 6:06 am
MLS# 11799122
Listing URL
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Investment Insights
Based on property information with market context.
This well-maintained 8-unit mixed-use property includes five residential apartments and three commercial spaces. The residential units feature spacious floor plans with hardwood flooring and tiled bathrooms, and many offer Hudson River views. Current occupancy is strong, with only two units vacant, giving a new owner a straightforward path to improve income as units are leased. Tenant utilities are separated, with residents responsible for heat, hot water, electric, and cable. The landlord’s utility responsibilities are limited to water, sewer, and trash collection.
Located on S Main Street in Castleton on Hudson, the building is positioned for demand from both residential and commercial tenants. The listing notes convenient proximity to everyday amenities, including shopping and restaurants about 10 minutes away in East Greenbush, and Downtown Albany roughly 15 minutes away.
For investors and owner-operators seeking a property that combines income from retail/commercial tenants with residential rent, this configuration can support a diversified leasing profile within one asset. With two vacancies currently available and separate utilities already in place, the building is set up for practical management and tenant billing, aligning with buyers focused on steady, manageable operating structure.
Located on S Main Street in Castleton on Hudson, the building is positioned for demand from both residential and commercial tenants. The listing notes convenient proximity to everyday amenities, including shopping and restaurants about 10 minutes away in East Greenbush, and Downtown Albany roughly 15 minutes away.
For investors and owner-operators seeking a property that combines income from retail/commercial tenants with residential rent, this configuration can support a diversified leasing profile within one asset. With two vacancies currently available and separate utilities already in place, the building is set up for practical management and tenant billing, aligning with buyers focused on steady, manageable operating structure.
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; currently 2 units are vacant
- Brick construction with vinyl, hardwood, and tile flooring throughout; rubber roof
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - 8-unit mixed-use building with three commercial spaces and five apartments, supported by separate utilities for residents.
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; currently 2 units are vacant; Brick construction with vinyl, hardwood, and tile flooring throughout; rubber roof
