$695,000
Castleton-on-Hudson, NY 12033
MLS# 202618541
7500 sqft
1 / 37
Property Description
Fantastic investment opportunity in a prime Castleton location! This well-maintained 8-unit mixed-use property features 3 commercial spaces and 5 residential apartments, offering investors a strong income-producing asset with excellent upside potential. When fully rented, the property generates over $7,000 per month in gross rental income. Currently, only two units are vacant, providing an immediate opportunity for the next owner to increase cash flow. Agent is owner. Conveniently located just 10 minutes from East Greenbush's shopping, restaurants, and everyday amenities, and only 15 minutes from Downtown Albany, this property appeals to both residential and commercial tenants alike. The residential units offer spacious floor plans, hardwood flooring, tiled bathrooms, and beautiful Hudson River views. Separate utilities help keep expenses low, with tenants responsible for their own heat, hot water, electric, and cable. Landlord expenses are limited to water, sewer, and trash collection. Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-producing property, this is an opportunity you won't want to miss. Strong rental history, separate utilities, a desirable location, and excellent cash-flow potential make this a smart addition to any investment portfolio.
Details
Maps
Documents
Contract Information
Original List Price: 695000
List Price/SqFt: 92.67
List Price/Acres: 9928571.43
Status: Active
Property Sub Type: Industrial
List Price: $695,000
Listing Contract Date: 2026-06-01
Current Price: $695,000
Location
City/Town (Mail): Castleton
Street Number: 94-98
Street Direction Prefix: S
Street Name: Main
Street Suffix: Street
County: Rensselaer
State/Province: NY
Postal Code: 12033
Geo Lat: 42.529068
Geo Lon: -73.757602
Property Detail
Number Of Buildings: 1
Lot Size Square Feet: 3049
Zoning: Commercial
Lot Size Dimensions: 48.5x65
Lot Size Acres: 0.07
Building Area Total: 7500
Building Available SQFT: 7500
Parcel, Tax, HOA
New Construction Y/N: No
Parcel Number: 384401 198.19-2-1
Tax Annual Amount: 9922
Tax Section: 198.19
Total Taxes Description: Estimated
Tax Block: 2
Tax Lot: 1.000
Directions & Remarks
Directions: Take US-9 South and merge onto I-787 South toward Albany. Continue on I-787 South, then take Exit 9E to merge onto US-20 East/US-9 South toward East Greenbush. Follow US-9/US-20 East across the Dunn Memorial Bridge and continue through East Greenbush. Turn right onto NY-150 South (Main Avenue), then continue as NY-150 becomes South Main Street in Castleton-on-Hudson. Property will be on the right.
Public Remarks: Fantastic investment opportunity in a prime Castleton location! This well-maintained 8-unit mixed-use property features 3 commercial spaces and 5 residential apartments, offering investors a strong income-producing asset with excellent upside potential. When fully rented, the property generates over $7,000 per month in gross rental income. Currently, only two units are vacant, providing an immediate opportunity for the next owner to increase cash flow. Agent is owner.
Conveniently located just 10 minutes from East Greenbush's shopping, restaurants, and everyday amenities, and only 15 minutes from Downtown Albany, this property appeals to both residential and commercial tenants alike. The residential units offer spacious floor plans, hardwood flooring, tiled bathrooms, and beautiful Hudson River views. Separate utilities help keep expenses low, with tenants responsible for their own heat, hot water, electric, and cable. Landlord expenses are limited to water, sewer, and trash collection.
Whether you're an experienced investor looking to expand your portfolio or someone seeking a solid income-producing property, this is an opportunity you won't want to miss. Strong rental history, separate utilities, a desirable location, and excellent cash-flow potential make this a smart addition to any investment portfolio.
Sewer
Public Sewer: 1
Architectural Style
Apartments: 1
Mixed Use: 1
Cooling
Central Air: 1
Ductless: 1
Basement
Full: 1
Unfinished: 1
Construction Materials
Brick: 1
Photos - the contractual owner of the photos
Photo Owner: Photographer
Possession
At Closing: 1
Business Type
Residential: 1
Flooring
Hardwood: 1
Tile: 1
Vinyl: 1
Showing Requirements
24 Hour Notice: 1
Agent to Accompany: 1
Call Listing Agent: 1
Special Listing Conditions
Standard: 1
Roof
Rubber: 1
Water Source
Public: 1
Heating
Baseboard: 1
Ductless: 1
Electric: 1
Forced Air: 1
Natural Gas: 1
Parking Features
Parking Total: 0
On Street: 1
Sale Includes
Building Only: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Gas: 1
Heat: 1
Hot Water: 1
Status Change Info
Status Change Date: 2026-06-01
Property Features
Architectural Style: Apartments; Mixed Use
Basement: Full; Unfinished
Construction Materials: Brick
Cooling: Central Air; Ductless
Business Type: Residential
Flooring: Hardwood; Tile; Vinyl
Heating: Baseboard; Ductless; Electric; Forced Air; Natural Gas
Parking Features: On Street
Possession: At Closing
Roof: Rubber
Sale Includes: Building Only
Sewer: Public Sewer
Showing Requirements: 24 Hour Notice; Agent to Accompany; Call Listing Agent
Special Listing Conditions: Standard
Tenant Pays: Cable TV; Electricity; Gas; Heat; Hot Water
Water Source: Public
Income & Expenses 
Listing Courtesy of Miranda Real Estate Group Inc
Listing Agent: Amanda L Hart
518-366-6974 | amandahartrealtor@gmail.com
518-366-6974 | amandahartrealtor@gmail.com