$529,000 100 3rd Street Newburgh, NY

MLS: H6058332   Type: Commercial   County: Orange   City: Newburgh   Area: Newburgh City   Neighborhood: Newburgh   Zip: 12550   Style: Office  

Mortgage $2,484 /mo

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1973

This Architect designed renovation has created a beautiful mid century modern feel to this live/work and commercial space in the heart of the downtown Historic District. The commercial space faces the street and the live/work (residential) space is in the rear with eastern and northern light, high ceilings, polished concrete floors and exposed wood beams. The storefront has large, continuous floor-to-ceiling windows. The apartment's central open space hosts cooking, dining and living. A free-standing wall separates this main room from a studio work area, providing privacy while keeping the open plan layout. The bedroom extends out to the private garden bordered by a gabion retaining wall and a Vinca-planted rise. The commercial space is zoned for Restaurant/take out and the residential is currently returning great income as an Airbnb. The commercial space has a 2 year lease, and the live/work space has a 6 month rental agreement commencing soon providing good income to support the investment. Further development potential here since this is the Downtown District where 5 story development is possible. Located on a quiet one-way street, the building is near the public library and other government buildings, and only a short walk to the restaurants and cafes, art galleries and waterfront!

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Price History

9/3/2020 Listed $549,000
4/12/2021 4% - $529,000

Appliances Cooktop, Dishwasher, Dryer, Oven, Refrigerator
Buildingareaunits Square Feet
Business Type Office
Construction Materials Block, Brick
Cooling Central Air
Elementary School District Newburgh
Heating Natural Gas, Baseboard
High School District Newburgh
Hot Water Gas Stand Alone
Location Description First Floor, See Remarks
Middle/Junior School District Newburgh
Numberofheatingzones 2
Property SubType Office
Property Type Commercial Sale
Sewer Public Sewer
Total Units 2
Village None
Zoning Description Live/work, Restaurant w/take out

Interior Features

Air Conditioning Y/N Yes

Exterior Features

Loading Docks 0
Lot Size Units Acres
Number of Buildings 2
Water Source Public

Property Schools



Direct Link:

https://nyack.josephmacey.com/property/1-H6058332-100-3rd-Street-Newburgh-NY-12550

Gallery (17 photos)

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Property vs Zip Code Avg (12550)

Price 529K Avg 399K

Visits 186 Avg 83

Days on Site 287 Avg 209

Walkscore® 77 Avg 64

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Rosemary Lee with Apple2Orange Realty




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Location & Address

Nyack
66 N Broadway
Nyack, NY
Office: 845-284-9460