36 Fairview Ave - Apartments FOR SALE


Hudson, NY 12534
$2,995,000 USD
845-309-7454
36 Fairview Ave, Hudson, NY for Sale
$2,995,000 USD
Apartments - FOR SALE
1/12
null | 7.45% Cap Rate

36 Fairview Ave
Hudson, NY 12534


HIGHLIGHTS

  • Twelve Market-Rate Units
  • 7.45% Cap Rate
  • No Rent Regulations
  • Prime Hudson Location
  • Amtrak Access Nearby
  • Strong Tenant Demand

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,995,000 USD

PRICE/SF

$499 USD /SF

# OF UNITS

12

PRICE/UNIT

$249,583

CAP RATE

7.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1974

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R2

APN/PARCEL ID

100600-110-055-0002-008-000-0000,100600-110-055-0002-009-000-0000

ASK ABOUT THIS PROPERTY

Zev EisenbergHudson Modern Co.More Info
845-309-7454

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Zev EisenbergHudson Modern Co.More Info
845-309-7454

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.