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    OFF-MARKET
    Retail properties & Spaces

    4401 Ny-23, Hudson, NY 12534

    3,222 SF 1.95 ac lot Built 1974
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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