$382,500 352-354 1st Street Newburgh, NY

MLS: H6120079   Type: Commercial   County: Orange   City: Newburgh   Area: Newburgh City   Neighborhood: Newburgh   Zip: 12550   Style: Mixed Use  

Mortgage $1,796 /mo

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1920

Cash flowing and Value Add Opportunity! Unique opportunity to purchase this 4,500 square foot mix-use building located right off-Broadway, across from a historic landmark. Get the best of both worlds with this mix use property featuring two massive three-bedroom apartments, a garage, and two stores generating serious income, while tenants pay their own utilities. Enjoy the steady stream of income from the occupied units while you work on creating additional value through renovations. Commercial tenant available and ready to sign a lease for the commercial vacant commercial unit. Walking distance to Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital. Five-minute drive to I-84, 15-minute drive to Beacon Metro-North train station & Stewart Airport, 75-minute drive to Manhattan! Property is partially occupied, and you can start collecting rent the day you close! Rent roll is available upon request.

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Price History

5/29/2021 Listed $382,500

Building Area Units Square Feet
Construction Materials Brick
Cooling None
Elementary School District Newburgh
Heating Natural Gas, Baseboard
High School District Newburgh
Hot Water Gas Stand Alone
Middle/Junior School District Newburgh
Property SubType Mixed Use
Property Type Commercial Sale
Sewer Public Sewer
Total Units 2
Village None
Zoning Description RL

Interior Features

Air Conditioning Y/N No

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Lot Size Units Acres
Water Source Public

Property Schools



Direct Link:

https://nyack.josephmacey.com/property/1-H6120079-352-354-1st-Street-Newburgh-NY-12550

Gallery (35 photos)

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Property vs Zip Code Avg (12550)

Price 382K Avg 420K

Visits 40 Avg 84

Days on Site 147 Avg 219

Walkscore® 81 Avg 55

Data Provided by Walkscore ® not using MLS data

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Listing Provided Courtesy Of: Laura V Suarez Davila with Voro LLC




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Location & Address

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