234 – 240 Warren Street, Hudson, NY 12534 (MLS# 139920)
$2,775,000
Hudson, NY 12534
MLS# 139920
Status: Closed
9875 sqft
1 / 42
Property Description
This pre-1850 Federal Era property, uniquely desirable for its size, with 5 storefronts, 8 upgraded residential units & a dominating presence on the hottest stretch of historic downtown Warren Street, offers an exciting investment opportunity. Following extensive updates & renovation both inside and out, the buildings currently generate significant cash flow. The owner apartment renovation displays period artisan details including wide oak flooring & original 1830's hand-hewn beams. An 8000SF back courtyard is a unique in-town oasis with maturing native trees, flowering shrubs, perennials, and generous R&R space. Expansion potential includes build-out of additional living space over 10 existing parking spots on the alley. Buy for immediate investment return, or transform to your vision for highest and best use as short-term suites anchored by the lush and spacious outdoor courtyard. Short walk to Amtrak & Promenade Park. Few properties have the presence & historic continuity
Details
Contract Information
Owner Name: 234-240 Warren St LLC
Current Price: $2,775,000
Original List Price: 2950000
Sold Price: $2,775,000
Status: Closed
Listing Contract Date: 2021-11-01
Property Sub Type: Business
Location, Tax, and Legal
911 Address: 234-240
School District: Hudson City Schools
General Tax: 0
School Tax: 15549
Town Tax: 14977
Village Tax: 0
Tax Annual Amount: 0
Tax Year: 0
Tax Assessed Value: 1175000
Parcel Number: 109.44-1-71
Tax Exemptions YN: No
Directions: 3rd st to went on Warren. mid block on right (North side)
General Property Information
Number Of Units Total: 13
Lot Size Acres: 0.25
Lot Size Dimensions: 1/4 acre
Sign On Property YN: No
Disclaimer: Information not guaranteed.
Stories: 2
List Price/SqFt: 298.73
Sold Price/SqFt: 281.01
Living Area: 9875
Year Built: 1840
Remarks and Miscellaneous
CGR Public Historical Remarks: Existing Lease Type: Net, 911 Address: 234-240, Assessors FulMrktVal: 1175000.00, Bedrooms: 10, FIPS Code: 21, Full Bathrooms: 8, Green Features: No, Half Bathrooms: 4, Lease Terms: varies, Parking: 10 spaces in rear, Possession: Transfer of Title, Quarter Bathrooms: 0, Special Conditions: None/Unknown, Year Built Exception: 0
Public Remarks: This pre-1850 Federal Era property, uniquely desirable for its size, with 5 storefronts, 8 upgraded residential units & a dominating presence on the hottest stretch of historic downtown Warren Street, offers an exciting investment opportunity. Following extensive updates & renovation both inside and out, the buildings currently generate significant cash flow. The owner apartment renovation displays period artisan details including wide oak flooring & original 1830's hand-hewn beams. An 8000SF back courtyard is a unique in-town oasis with maturing native trees, flowering shrubs, perennials, and generous R&R space. Expansion potential includes build-out of additional living space over 10 existing parking spots on the alley. Buy for immediate investment return, or transform to your vision for highest and best use as short-term suites anchored by the lush and spacious outdoor courtyard. Short walk to Amtrak & Promenade Park. Few properties have the presence & historic continuity
Status Change Information
Status Change Timestamp: 2022-09-28
Concessions: No
Buyer Financing: Cash
Concessions Amount: 0
Major Change Timestamp: 2022-09-28T20:51:51Z
Major Change Type: Status Change
Purchase Contract Date: 2022-05-24
Close Date: 2022-09-28
Close Price: 2775000
Appliances
Electric Water Heater: 1
Water Heater: 1
Construction Materials
Brick: 1
Frame: 1
Electric
200+ Amp Service: 1
Foundation Details
Brick/Mortar: 1
Stone: 1
Heating
Electric: 1
Natural Gas: 1
Road Surface Type
Paved: 1
Roof
Asphalt: 1
Shingle: 1
Sewer
Public Sewer: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 0
Maintenance Expense: 0
Current Use
Commercial: 1
Mixed Use: 1
Residential: 1
Business Type
Commercial: 1
Residential: 1
Location Tax and Legal
Street Number: 234 - 240
Street Name: Warren
Street Suffix: Street
County: Columbia
State: NY
Zip Code: 12534
Town (Taxable): Hudson
Property Features
Appliances: Electric Water Heater; Water Heater
Business Type: Commercial; Residential
Construction Materials: Brick; Frame
Current Use: Commercial; Mixed Use; Residential
Electric: 200+ Amp Service
Foundation Details: Brick/Mortar; Stone
Heating: Electric; Natural Gas
Road Surface Type: Paved
Roof: Asphalt; Shingle
Sewer: Public Sewer
Water Source: Public
Listing Courtesy of Brown Harris Stevens Hudson
Listing Agent: Nancy Felcetto