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
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