420 Warren St 6,062 SF Vacant Office Building Hudson, NY 12534 $3,885,000 ($640.88/SF)

Built in 1887 this centrally located Hudson building was the private residence of Robert Evans a pre-eminent local 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.