541 Warren Street, Hudson, NY, 12534 | $1,200,000
A fantastic opportunity to own a mixed-use commercial building in one of the best locations on Hudson's historic Warren Street! 541 Warren street is a circa 1880's 3 story federal building that has been expanded over time, now running the full 120' depth from Warren Street to Cherry Alley, adjoining a serene pocket park. Currently configured on 2 (x 2500sf gross) floors as both individual office suites as well as full-floor office usage, the building offers the buyer an opportunity to lease/use as is, or to restore the ground floor to a large commercial retail unit as it was 20 years ago. Additionally, the third floor awaits the buyer's choice of finishing out to either residential apartment/pied-a-terre, or a grand office space overlooking Warren Street. Flanked by beautiful 1880's brick on 3 walls, with water and waste lines already plumbed in, this 1200 sf top floor suite with soaring ceilings is the crown jewel of this fabulous historic building. The building has had many upgrades in the last 20 years, with features including: - new/ updated electrical service x 2- HVAC heating & cooling x 2 zones- full dry basement storage- side access to pocket park- showcase windows for retail- newer windows- wide plank floors541 Warren can be delivered vacant for your immediate use. Come take a look at this fully-operational mixed-use building, which we believe offers one of the most compelling investment opportunities at under $200 per sqft on bustling Warren Street!
Features
- Heating: Central,Forced
- Approx Lot Sq. Feet: 3,049
- Lot Size: 0.07
- Year Built: 1880
- Approx Sq. Feet: 6,324
- Acreage: 0.07
- MLS#: 156825
- Days on Market: 4 days
- Website: https://www.raveis.com
/prop/156825/541warrenstreet_hudson_ny?source=qrflyer
William Raveis Family of Services
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Customer Service
888.699.8876
Contact@raveis.com
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Sarah DeFlorioVP, Mortgage Banker, William Raveis Mortgage, LLC
NMLS Mortgage Loan Originator ID 1880936
347.223.0992
Sarah.DeFlorio@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 ReadeRegional SVP Insurance Sales, 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
541 Warren Street, Hudson, NY, 12534
$1,200,000
Customer Service
William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Sarah DeFlorio
VP, Mortgage Banker
William Raveis Mortgage, LLC
Phone: 347.223.0992
Sarah.DeFlorio@Raveis.com
NMLS Mortgage Loan Originator ID 1880936
|
5/6 (30 Yr) Adjustable Rate Jumbo* |
30 Year Fixed-Rate Jumbo |
15 Year Fixed-Rate Jumbo |
|
|---|---|---|---|
| Loan Amount | $960,000 | $960,000 | $960,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 5.500% | 6.625% | 6.125% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.614% | 6.727% | 6.309% |
| Monthly Tax Payment | N/A | N/A | N/A |
| H/O Insurance Payment | $125 | $125 | $125 |
| Initial Principal & Interest Pmt | $5,451 | $6,147 | $8,166 |
| Total Monthly Payment | $5,576 | $6,272 | $8,291 |
* 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.
William Raveis Mortgage, LLC, NMLS ID 2630, 7 Trap Falls Road, Shelton, CT 06484
NY Licensed Mortgage Banker-NYS Banking Department LMBC 106535