8 10 Park Place, Hudson, NY, 12534 | $1,495,000

The JW Edmonds Volunteer Firehouse, built in 1868, is now available in Hudson, New York. This historic firehouse, which once housed the oldest Volunteer Fire Company in New York State, is ready for the build out of a visionary purchaser who can give due homage to its historical roots. In a prime location, the Firehouse sits squarely in the heart of the newly designated, and fast growing 'Depot District'. Neighboring businesses include craft breweries, wine bars, restaurants, coffee houses and Warren Street's amazing retail. Moreover, the district will entertain the new Pocketbook hotel /art complex and the completion of the 64 unit Hudson Depot Lofts slated for 2025. This Hudson Historic District qualifies as an OPPORTUNITY ZONE and is eligible for FEDERAL AND NEW YORK STATE HISTORIC PRESERVATION TAX CREDITS. Being ZONED R-3, the Firehouse may be developed for commercial and/or residential usage. This all-brick Firehouse is composed of 3 parcels of desirable Hudson real estate. There are 2 separate ground floor bays with 12-foot ceilings whose overhead doors open to a direct view of the park. Upstairs are 2 grand meeting rooms with 13-foot ceilings also framing a beautiful view of the 7th Street Park. To ascend to the second floor there are 2 original chestnut spiral staircases. Attached to the back of the Firehouse, there is a sizable wooden addition and a lot that can accommodate off street parking for 4 cars. This lot can be accessed via the Alley. The reinforced steel and concrete basement was built to accommodate the transition from the horse-drawn fire carriages to the heavy fire engines of the modern era. The basement, as such, lends itself to the structural integrity and development potential of the buildout above. This is the only remaining 2-Bay Firehouse in Hudson, offering close to 4000 sf to build in, plus floor expansion and roof rights. The basement provides additional square footage and was a social club back in the day. This Firehouse proudly represents Hudson's past, with a clean palette for the creative entrepreneur to reinvent timelessly into the future- nothing else compares to this golden opportunity in our happening city. Whether reimagined as retail, office, residential or restaurant, this proud building will be a key landmark as Hudson continues to set the bar for the future of the Hudson Valley!

Features

  • Levels: 0
  • Heating: Wall Furnace
  • Cooling: No
  • Approx Lot Sq. Feet: 6,000
  • Lot Size: 6000
  • Year Built: 1868
  • Approx Sq. Feet: 3,900
  • Acreage: 0.14
  • MLS#: 155535
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/155535/810parkplace_hudson_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Tri Hudson Realty, LLC

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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

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8 10 Park Place, Hudson, NY, 12534

$1,495,000

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 $1,196,000 $1,196,000 $1,196,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.625% 6.375% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.795% 6.472% 5.966%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $6,885 $7,461 $10,012
Total Monthly Payment $7,010 $7,586 $10,137

* 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.