25 Columbia Tpke - Apartments FOR SALE


Hudson, NY 12534
$1,295,000 USD
518-530-6417
25 Columbia Tpke, Hudson, NY for Sale
$1,295,000 USD
Apartments - FOR SALE
1/38
null | 7.3% Cap Rate

25 Columbia Tpke
Hudson, NY 12534


HIGHLIGHTS

  • All Units have been fully and tastefully renovated (2021)
  • All new electric, plumbing, water lines from street and roofs (both buildings)
  • Being sold with adjacent buildable vacant lot - Use for additional parking or new multi-family structure(s)

OVERVIEW

Turn-Key, Cash Flowing, Multi-Family Building w/ Additional Lot for Sale All Units have been fully and tastefully renovated by the Master Builder/Owner (2021) All new electric, plumbing, water lines from street and roofs (both buildings) Being sold with additional adjacent vacant, buildable lot. The builder of renowned NYC restaurants (Balthazar, Pastis, Diner, Marlow & Sons, Reynard and The Ides at the Wythe Hotel) presents this turnkey Hudson 4-family, just minutes to Warren Street. The 4 completely renovated units include 2 separate buildings with 5 residential floors featuring new windows, appliances, updated baths and kitchens plus other upgrades. Off-street parking for 4 vehicles. New renovations include new roof and electric service. - full renovation of three apartments in the main house with upgraded electric, plumbing, new bathrooms and kitchens. Washer/ dryers, and dishwashers in all units. New roofs on both houses with all new windows and insulation where possible. New water line from the street to the houses, as well as new water treatment system and new heating systems (except 3rd floor existing electric baseboards). Full gut renovation of the rear carriage house which has been thoughtfully converted into a two-bedroom, loft-style, duplex apartment with a 2 bay garage. True 7.3% cap rate. All units are separately metered with tenants paying utilities. Very low owner operating expenses. Property being sold with adjacent buildable vacant lot at 6 Carle Avenue (additional 0.13 acres).Use it for additional parking, or additional new housing units (with approval).

FOR SALE DETAILS

PRICE

$1,295,000 USD

PRICE/SF

$262 USD /SF

# OF UNITS

4

PRICE/UNIT

$323,750

CAP RATE

7.3%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

25 Columbia Tpk sold with 6 Carle Ave, Hudson

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1905

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

-

APN/PARCEL ID

104000-110-014-0002-016-000-0000

ASK ABOUT THIS PROPERTY

Victor MendoliaTKG Real Estate - HudsonMore Info
518-530-6417

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Victor MendoliaTKG Real Estate - HudsonMore Info
518-530-6417

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.