508 Warren Street, Hudson, NY, 12534 | $1,495,000

Discover the perfect blend of style, functionality, and opportunity with this fully turn-key mixed-use property located on the coveted 500 block of Warren Street in vibrant Hudson, NY. This prime location sits at the heart of Hudson's bustling main street, renowned for its charming shops, fine dining, boutique hotels, and lively foot traffic. Whether you're an investor or an owner-occupier, this property delivers unparalleled versatility and strong income potential.

Meticulously gut-renovated in 2022, this 3, 936-square-foot building is thoughtfully divided into a premium storefront, a rear office space, and two updated residential apartments. The first floor boasts a spacious and elegant retail storefront featuring gleaming hardwood floors, oversized windows that flood the space with natural light, and a convenient half bath. Tucked behind the storefront is a private office, offering additional functionality for business needs.

Upstairs, the residential units are beautifully designed and filled with light. The second floor features a stylish two-bedroom, one-bath apartment with a modern kitchen equipped with stainless steel appliances, a refreshed bathroom, and stunning hardwood floors throughout. On the third floor, you'll find a classic one-bedroom, one-bath apartment, equally as inviting, with its own updated kitchen, spacious layout, and warm finishes. Each unit includes its own private outdoor space, perfect for sipping your morning coffee or unwinding in the evening.

Practicality meets convenience with private parking in the rear, accessible via Prison Alley. Plus, the property is just a short stroll to the Hudson Amtrak Station, providing seamless access to New York City and beyond. Whether you're catering to locals or visitors, this location is unbeatable.

Fully leased with financials available upon request, this property is ready to generate income from day one. Don't miss your chance to own a piece of Hudson's most desirable block, a rare opportunity to secure a truly turnkey investment.

Features

  • Property Type: Mixed Use
  • Construction: Brick
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Baseboard, Natural Gas
  • Zoning: CC
  • Year Built: 1860
  • Acreage: 0.07
  • Est. Taxes: $14,767
  • Lot Desc: Back Yard, City Lot
  • School District: Germantown
  • Appliances: Dishwasher, Gas Range, Refrigerator, Range Hood
  • MLS#: 20261616
  • Days on Market: 50 days
  • Website: https://www.raveis.com
    /prop/20261616/508warrenstreet_hudson_ny?source=qrflyer
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

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Robert ReadeInsurance Sales Director

860.690.5052

Robert.Reade@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Theresa GivensVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 1870734

203.225.2554

Theresa.Givens@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Mark GreeneVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 115078

860.305.7387

Mark.Greene@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Robert ReadeInsurance Sales Director, William Raveis Insurance

860.690.5052

Robert.Reade@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

508 Warren Street, Hudson, NY, 12534

$1,495,000

Robert Reade

Insurance Sales Director

William Raveis Real Estate

Phone: 860.690.5052

Robert.Reade@raveis.com

Theresa Givens

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 203.225.2554

Theresa.Givens@raveis.com

NMLS Mortgage Loan Originator ID 1870734

Mark Greene

VP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 860.305.7387

Mark.Greene@raveis.com

NMLS Mortgage Loan Originator ID 115078

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.375% 6.125% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.117% 6.235% 6.058%
Monthly Tax Payment $1,231 $1,231 $1,231
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,697 $7,267 $10,012
Total Monthly Payment $8,053 $8,623 $11,368

* 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.