The Diamond Building. An iconic mixed-use building in the heart of Hudson's thriving business district and Upstate's Downtown! Strategically located next to the Rivertown Lodge, this property consists of 3 lots, one of which is currently parking & shares its eastern border with the hotel. It can be built on or used for outdoor bar/dining, pool, etc. The layout of the Diamond Building consists of 11 apartments (3x2BR, 8x1BR) and 2 Warren Street commercial spaces. Current full tenancy and almost always a waiting list to get in; the owners of the building have renovated the apartments, refurbished the hallways, added new 2-level composite decks, and upgraded electrical and roof.This is currently the largest mixed-use and highestincome producing property being offered on Warren Street. It is a 6+% cap RoR & offers buyers options to further develop going forward; or just sit back and collect great income. Fantastic tenants make this an easy investment and a portfolio star!
Tri Hudson Realty, LLC