167 Union TpkeHudson, NY 12534

Property Details for 167 Union Tpke

Year built

1954

Lot size

4.31 AC

Property size (Sq ft)

2,928 SF

Zone code

401

Property type

Mixed-use properties

Property subtype

Other investment properties

APN

104000 110.-1-25

APU

104000110125

Description

This exceptional free-standing commercial building is ideally situated at 167 Union Turnpike in Hudson, New York. The property is classified as retail, with office and service capabilities, making it a versatile option for a variety of businesses. Its single-tenancy configuration offers a unique opportunity for a business seeking a dedicated space. The building's location within the vibrant city of Hudson provides excellent access to a thriving community. Hudson, a charming city in Columbia County, boasts a rich history and a dynamic cultural scene, attracting both local residents and tourists. Its proximity to major metropolitan areas, approximately 120 miles north of New York City, 45 miles south of Albany, and 160 miles west of Boston, ensures convenient access to a large potential customer base. The city's picturesque setting and its reputation as a popular weekend getaway destination contribute to a high level of foot traffic and visibility for businesses located within its limits. The area surrounding Hudson offers additional attractions, such as the Olana State Historic Site, further enhancing the appeal of this location. This property presents a rare chance to establish a business in a desirable and rapidly growing community. The building's single-tenancy setup allows for complete control and customization, making it an attractive option for businesses seeking a unique and prominent presence in Hudson, NY. Interested parties are encouraged to inquire for further details and to explore the potential of this exceptional commercial opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $901,927

  6.5%

  $832,548

  7%

  $773,080

• Comparable approach

  Method

  Valuation

  Relative Method

  $596,973

  Geo Method

  $592,987

• Alternative Use

  Use

  Valuation

  Residential

  $832,548

  Hospitality

  $762,610

  Educational

  $634,482

  Medical

  $656,303

  Retail

  $986,972

Location Insight

City

Hudson

County

Columbia

State

New York

Latitude

42.2502

Longitude

-73.761

CBSA code

26460

CBSA name

HUDSON, NY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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