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Discover Fairview Commons — a pair of well-kept multifamily buildings at 34-36 Fairview Street in Hudson, New York. Twelve bright, spacious two-bedroom apartments sit behind classic porches and crisp lines, the kind of architecture that feels both sturdy and intentional. The buildings mirror each other across a quiet, tree-lined street, offering a clean, well-scaled investment that performs as well as it presents.
With large market rate two-bedroom units in short supply, and no rent regulations in place, Fairview Commons operates with flexibility rarely found in established markets. Current leases remain well below the city's growing demand curve, allowing room for thoughtful repositioning and long-term value growth. Combined with low vacancy rates and steady tenant demand, the property offers both stability and strategic potential in one of upstate New York's most resilient rental corridors.
Hudson has become one of the Hudson Valley's most magnetic small cities — a place where 19th-century brick warehouses now house design studios, wine bars, and galleries, and where weekenders and locals mingle over coffee on Warren Street. The city's walkability is unmatched: everything from the waterfront to the farmers market is a short stroll, and the Amtrak station connects directly to New York City in just over two hours, drawing a steady stream of creative professionals, part-time residents, and full-time tenants who want both access and escape.
Information is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Source: Hudson Valley Catskills Region
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Our Executive Mortgage Banker:
$2,995,000
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
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|---|---|---|---|
| Loan Amount | $2,396,000 | $2,396,000 | $2,396,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.250% | 6.000% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.165% | 6.361% | 6.183% |
| Monthly Tax Payment | $1,978 | $1,978 | $1,978 |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $13,604 | $14,753 | $20,219 |
| Total Monthly Payment | $15,707 | $16,856 | $22,322 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.