59-61, 75-77-79 Broadway, Newburgh, NY 12550
59-61, 75-77-79 Broadway, Newburgh, NY 12550
59-61, 75-77-79 Broadway, Newburgh, NY 12550
59-61, 75-77-79 Broadway, Newburgh, NY 12550
59-61, 75-77-79 Broadway, Newburgh, NY 12550
59-61, 75-77-79 Broadway, Newburgh, NY 12550
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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603
$ 2,600,000
Est. payment | /mo

0.71 Acres Lot

Save
$ 2,600,000
Est. payment | /mo
Save

0.71 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Pending

Purchase Type For Sale

MLS Listing ID 861108

Rental Info No

Year Built 1893

Annual Tax Amount $47,600

Lot Size 0.710 Acres

Acres 0.71

Property Sub-Type Multi Family

Source onekey2

Property Description

RARE MIXED-USE PORTFOLIO | FIRST TIME OFFERED | 3 SEPARATE INCOME-PRODUCING PARCELS -- An outstanding opportunity to acquire a long-held, fully occupied portfolio of residential and commercial income-producing properties, now hitting the market for the first time. This offering includes three separate tax parcels, each with unique characteristics and strong cash flow.
*Parcel 1: Income-Generating Parking Lot-Approx. 40-car rented lot -Fully leased with consistent monthly income - Low overhead, low maintenance investment.
** Parcel 2: Multi-Use Building with Apartments - Two ground-floor commercial storefronts with established tenants -17 residential apartments above, including a mix of Studios, One-bedroom units and Two-bedroom units. High occupancy and stable rental history. Excellent upside potential with modern upgrades - Below market rents.
***Parcel 3: Historic Mixed-Use Building (The Brewster Hook and Ladder Company firehouse, built in 1862 - now the Newburgh Mercantile, a gift store and framing shop) Charming historic structure featuring a classic stone fireplace façade- Ground floor commercial retail space + two upper-level office suites, fully leased.
Three tax parcels offered as a portfolio - Desirable, well-trafficked location -Value-add potential through renovation or redevelopment --Ideal for investors seeking a balanced mix of commercial and residential assets. This is a generational opportunity to secure a highly visible, income-producing asset with historic charm and development upside.

Location

State NY

County Orange County

Rooms

Basement Unfinished

Interior

Heating Natural Gas

Cooling Central Air, Varies by Unit

Flooring Carpet

Fireplace No

Exterior

Parking Features Off Street, Parking Lot, Private

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

View Mountain(s)

Total Parking Spaces 40

Building

Lot Description City Lot, Corner Lot, Historic District, Near Shops

Story 4

Sewer Public Sewer

Water Public

Structure Type Brick

Schools

Elementary Schools Newburgh

Middle Schools Newburgh

High Schools Newburgh

School District Newburgh

Others

Special Listing Condition None

OneKey MLS/ Hudson Gateway (HGAR)/ Long Island MLS (MLSLI)/ Mid Hudson MLS
Listed by RE/MAX Benchmark Realty Group • Lyra Blumenthal

NEARBY SCHOOL & BUSINESS

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Celinda Iaboni

Celinda Iaboni

+1(631) 786-9603

Broker | License ID: 10491210466

Broker License ID: 10491210466

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59-61, 75-77-79 Broadway

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