Hudson, NY 12534

Property

Ownership: For Sale
Type: Multi-Family
Pets: No Pets Allowed
Lot Size: 0.14 Acres

Financials

Price:$3,885,000
Annual Taxes:$34,721.51
505 Park Ave, New York, NY 10022
Listing Courtesy of Houlihan Lawrence, Inc

Built in 1887, this centrally located Hudson building was the former private residence of Robert Evans, a prominent brewer.

Victorian home with brick siding

Description

Built in 1887, this centrally located Hudson building was the former private residence of Robert Evans, a prominent brewer. ??Today it is a sensitively configured 6-unit building that includes two ground floor office suites and four individual apartments on the second and third floors. In 2018, a careful, architect directed restoration gave extensive attention to the historic interior woodwork, elaborately wood beam ceilings, richly paneled rooms, oak and cherry fireplace mantels, staircases, and the intricate parquet hardwood flooring throughout the building. There are front and rear coded entrances and a beautiful interior foyer upon entering the double front doors. The restoration also included exterior work on the masonry, attention to preserving historic windows and doors as well as selected roofing repairs and the addition of a new, rear porch. The tenant roll has consisted of professional and design personnel and influencers.??All the systems are new and energy smart. The six premium suites have dedicated, new high efficiency HVAC systems for energy efficient heating and cooling, new plumbing systems and individual meters for electric and natural gas usage. Additionally, the building features all new water supply lines and all new interior sewer waste lines as well as buried fiber optic service. There is a full height basement with concrete floor and a ground floor exterior entrance. There is off-street parking in the rear for 6-cars including one ADA compliant space. The building is unique on Warren Street in that it is free standing allowing for windows on four sides. Although well configured currently, the building has great potential to be consolidated as one or two residences.??The careful adaptive restoration of the Robert Evans Residence into its current configuration as premium rental units has proven to generate a steady and positive income. This turn-key, historic building provides a unique opportunity for any investor looking to have a presence in the heart of Hudson.

Amenities

  • Cable Connected
  • Dishwasher
  • Dryer
  • Electricity Connected
  • ENERGY STAR Qualified Appliances
  • Gas Range
  • Natural Gas Connected
  • Refrigerator
  • Sewer Connected
  • Washer
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.