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Arena Capital Partners Acquires Mixed-Use Portfolio On Warren Street In Hudson For $20M
SOLDMixed-use

Arena Capital Partners Acquires Mixed-Use Portfolio On Warren Street In Hudson For $20M

Warren Street

$20,000,000

$166/SF

Building Size

120,000 SF

Asset Type

Mixed-use

Closing

Mar 25, 2025

AI

Arena Capital Partners has acquired a portfolio of mixed-use buildings located at multiple addresses on Warren Street in downtown Hudson, NY. The sale price for this transaction was $20,000,000 and the portfolio encompasses a total area of 120,000 square feet, resulting in a price per square foot of $166. The asset consists of 60 apartments, 18 retail units, and 10 office spaces.

Summary of transaction details:

  • Property Type: Mixed-use
  • Transaction Amount: $20,000,000
  • Square Footage: 120,000
  • Price Per Square Foot: $166
  • Addresses: 318 Warren Street, 320 Warren Street, 322-324 Warren Street, 426 Warren Street, 428 Warren Street, 602 Warren Street, 707 Warren Street, 711 Warren Street, 720 Warren Street, 724 Warren Street, 454 Warren Street & 541 Warren Street
  • Market: Hudson
  • Buyer: Kyle Galin, Darell Handler, Steven Gurney-Goldman & Scott Rosen - Arena Capital Partners

Arena Capital Partners is actively seeking acquisition opportunities throughout the Hudson Valley and Greater New York Upstate Regions. This strategic purchase marks the largest privately-owned portfolio of mixed-use buildings on Warren Street.

Players

Darell Handler

Buyer

$28M

vol

12 deals

Buyer

Hudson Mixed-use Market Snapshot

Boundary boundary · Mixed-use · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.79%

Cash-on-Cash

-0.23%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93