Property profile

237 Hudson St Cornwall On Hudson, NY 12520

OFF-MARKET
Investment properties
Property ID
US63-4762472
8,216 SF 0.29 ac lot Built 1950
Entity Owned 12-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional 6,800 square foot retail storefront at 237 Hudson Street in Cornwall-on-Hudson, New York, presents a compelling investment opportunity. Located in the heart of downtown, this property boasts excellent visibility and exposure, ensuring high foot traffic. Currently fully leased and anchored by the United States Postal Service (USPS), this building offers a strong net operating income (NOI). The USPS lease includes off-street parking, providing convenient access for both tenants and customers. The property's prime location offers easy access to Route 9W and the United States Military Academy at West Point, further enhancing its appeal and potential for future growth. This is a rare chance to acquire a stable, income-producing retail property in a desirable location. The building is immediately available for sale, making it an attractive option for investors seeking a turnkey investment with a strong tenant and proven performance. Situated in Orange County, New York, with a zip code of 12520, this property is conveniently located at 41.4444397 latitude and -74.0151624 longitude. The building's size and location make it ideal for a variety of retail uses.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1950
Total area 8,216 SF
Lot 0.29 ac (12,632 SF)
Zoning code 02 - SINGLE RESIDENCE
APN 332401 107-2-4
UPID US63-4762472

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop
  • Land Surveyor
  • Training Center
  • Post Office Logistics Service
  • Hair Salon Nail Salon

Location

237 Hudson St Cornwall On Hudson, NY 12520-1529
Cornwall On Hudson metro Census 12900 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$941k
Blend (final) Blend
$730k

Owner & transaction history

since 2014
1 recorded transaction
2014
$675,000

Zoning & alternative use

02 - SINGLE RESIDENCE · Cornwall On Hudson, NY

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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