Property profile

4401 Ny-23 Hudson, NY 12534

OFF-MARKET
Retail properties & Spaces
3,222 SF 1.95 ac lot Built 1974
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Property summary

AI-generated overview

This exceptional 3,222 sq ft commercial property, located at 4401 NY-23 in Hudson, NY, presents a remarkable investment opportunity. Situated on nearly 2 acres of land, this Class A building boasts 20 parking spaces and was fully renovated in 2022. The property features radiant floor heating and existing infrastructure suitable for restaurant use, including a to-go window. Its versatile design accommodates various uses, including medical offices, restaurants, and storefronts. The building's prime location on a busy state route, near Columbia-Greene Community College, and within minutes of downtown Hudson and Catskill, ensures high visibility and significant daily traffic (8,653 vehicles). Its proximity to Amtrak (2 hours from NYC), skiing, hiking, and other attractions makes it ideal for serving a diverse clientele, including college students, locals, and tourists. The 1-story building, constructed in 1974, offers ample space for expansion and is zoned for commercial use. The asking price is $525,000, and the property is available for owner/user occupancy starting December 4, 2024. This is a unique chance to establish or relocate your business in a thriving Hudson Valley community. The combination of its versatile design, prime location, and existing infrastructure makes this property an exceptional investment with significant potential for growth and success.

Property profile

Verified
Property type Retail properties & Spaces
Year built 1974
Total area 3,222 SF
Lot 1.95 ac (84,942 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

4401 Ny-23 Hudson, NY 12534
Hudson metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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