Very Prominent Corner Property - Mixed-Use Building - Commercial/Residential - High Traffic Location - Corner of Columbia Street (State Route 23B) and Eighth StreetThis property holds great potential for a new owner/developer. Storefronts have 32' of frontage on Columbia Street and 42' on 8th Street.The large open storefront was once two storefronts. The separate entrances are still intact. Rent the storefront as one unit or bring them back to two units. Each Storefront has an office behind the showroom. The attached garage, which faces Columbia St and the workshop behind it, could be another rentable commercial unit . There are two residential units on the second floor (one currently only used as storage). There are also two 3rd-Floor attics that could be used for additional storage, or finished as a media room or home office. Current commercial and retail space total is 4553 square feet (422.99 m). If you finish the attics it brings the total square footage to a whopping 6830 square feet (634.53 m) of useable space.There were at one time, two distinct residential apartments on the second floor. One is mostly intact with living room, den, two bedrooms, large kitchen, bathroom with screened side porch off the kitchen. A second apartment was converted to extra storage, with an inventive hand powered parcel lift to the unit. There are a great deal of original details throughout both residential units (see photos). Currently, there is only pull-down stair access to the second residential unit (now storage)This property is in the Hudson Opportunity Zone, which could be of great benefit to a user/developer who uses capital gains for the purchase and renovation of this property (speak to your financial advisor to understand the full financial benefits that could be realized under the Opportunity Zone).The property sits in the R-5 district, which is a residential district allowing one or two family residences. But commercial use of this property goes back more than 100 years and is grandfathered. Depending on what you wish to do here, the listing agent will help provide assistance in applying for and getting a variance (if one is needed). Due to its long commercial history and location since it is the first property inside the residential district, just one property outside the main commercial district. This should help any zoning consideration. Speak with agent Victor Mendolia for more information about the zoning.The neon Niver Inc sign will not convey.q
Property Details
Property Features
Property Information:
Living Area: 4,553 SqFt
Listing Office:
Office Name: The Kinderhook Group, Inc.
Listing Agent: Victor Mendolia
Interior Features
Interior Information:
Appliances: Gas Water Heater
Basement: Yes
Bedroom and Bathroom Information:
Partial Bathrooms: 1
Full Bathrooms: 1
Total Bedroom Count: 4
Exterior Features
Parking Information:
Parking: Attached
Lot Features
Lot Information:
Lot Size: 0.04 Acres
Utilities
Utilities Information:
Heating: Forced Air, Space Heater(s)
Other
Directions Information:
Directions: At the intersection of Columbia Street and 8th Street in Downtown Hudson NY.
Price Information
Listing Price Info
Price Summary:
List Price: $495,000
Price Per SqFt: $109/SqFt
Tax Information:
Annual Amount: $7,969
Tax Year: 2020
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Hudson, NY.
This advertisement does not suggest that the broker has a listing in this property or properties or that any property is currently available. Last updated on: 12/21/2024, 9:16:08 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2020
$7,969
$310,000
2019
$5,602
$310,000
2018
$3,119
$155,000
2017
$2,872
$155,000
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$2,538
Per Month
Principal & Interest
$2,471
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$1,551
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
Montgomery C Smith Elementary School
102 Harry Howard Ave
Distance between this listing and this school0.64 miles
Public District Grades PK-5
3
/10
Edward J Arthur Elementary School
51 3rd St
Distance between this listing and this school2.20 miles
Public District Grades KG-4
5
/10
Catskill Elementary School
770 Embought Rd
Distance between this listing and this school5.52 miles
Public District Grades PK-5
Nearby Schools
4
/10
Hudson Junior High School
215 Harry Howard Ave
Distance between this listing and this school0.96 miles
Public District Grades 6-8
6
/10
Catskill Middle School
345 W Main St
Distance between this listing and this school5.02 miles
Public District Grades 6-8
4
/10
Coxsackie-Athens Middle School
24 Sunset Blvd
Distance between this listing and this school7.42 miles
Public District Grades 5-8
Nearby Schools
3
/10
Hudson High School
215 Harry Howard Ave
Distance between this listing and this school0.96 miles
Public District Grades 9-12
6
/10
Catskill Senior High School
341 W Main St
Distance between this listing and this school5.04 miles
Public District Grades 9-12
4
/10
Coxsackie-Athens High School
24 Sunset Blvd
Distance between this listing and this school7.39 miles
The neighbors living near this home have an average income of $68,750. Typical income of Hudson, NY residents is between $35k-100k annually. Most families are single, no kids. The majority of residents in this area have post secondary degree education.
This home is located at 801 Columbia St in Hudson, NY and zip code 12534. This 4,553 square foot home sits on a 0.04 acre lot. Features: 4 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since December 18, 2024 and is currently priced at $495,000.
Hudson, NY housing market in November 2024 saw over 0 listings sold above listed price, more than 0 sold at listed price and over 3 sold below. The number of homes for sale in Hudson, NY increased by 3% between October 2024 and November 2024. The median list price of listings available in November 2024 was $668,000, while the average time on the real estate market was 78 days.
From Rocket Homes Real Estate and based on county public records data.