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Address Not Available By Request

Newburgh, NY 12550
  • $825,000
  • STATUS: Active
  • ON SITE: 311 Days
  • ID#: H6322675
$825,000
  • 0
    BEDS
  • 0.05
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. Commercial space has a strong, new national tenant. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.

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© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2025-06-20T00:18:51.457.
www.hudsonlivingny.com/homes/153582759
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Address Not Available By Request Newburgh, NY 12550

  • Price: $825,000
  • Status: Active
  • On Site: 311 Days
  • ID#: H6322675
0
Beds
0
Baths
0
½ Baths
0.05
Acres
Neighborhood:
Newburgh (City)
County:
Orange
Area:
Newburgh (City)
School District:
Newburgh
Property Description
Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. Commercial space has a strong, new national tenant. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.
Exterior Features

Parking Features On Street Road Responsibility Public Maintained Road Stories 3 Waterfront YN No

Interior Features

Appliances Gas Water Heater Basement YN No Cooling Ductless Electric Three Phase

Property Features

Additional Fees YN No Annual Rental Income 104400 Association YN No Building Area Total 4640 Heating Heat PumpNatural Gas Number Of Residential Units 4 Permitted Uses Food ServicesOfficeResidentialRetail Property Sub Type Retail Seasonal YN No Sewer Public Sewer Sprinkler System YN No Street View Param 1$41.499979$-74.015339$121.48$13.33$1.00$AJugsJNFb 7cR8nIR0lt5w Tax Annual Amount 9890 Usable Area 4640.00 Water Source Public Zoning BC

Listing courtesy of Hilary R. Goldman of Rand Commercial: 845 2943100
© 2025 OneKey MLS. All rights reserved.


© 2025 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Howard Hanna Rand Realty. Data last updated: 2025-06-20T00:18:51.457.
 
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Howard Hanna Rand Realty
46 S Broadway
Nyack NY, 10960