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$ 1,100,000
Est. payment | /mo
3,079 Sqft Lot
$ 1,100,000
Est. payment | /mo
3,079 Sqft Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 1050769
Rental Info No
Year Built 1900
Annual Tax Amount $20,920
Lot Size 3,079 Sqft
Acres 0.0707
Property Sub-Type Multi Family
Source onekey2
Property Description
A handsome five-unit brick apartment building on Grand Street, with an additional sixth top-floor space ready for renovation. 277 Grand is a fantastic opportunity to own an income producing property with street presence and historical character in a premier Newburgh neighborhood.
The current legal configuration includes two studio apartments, one two-bedroom apartment, and two three-bedroom apartments. A top floor unit not currently included on the Certificate of Occupancy is laid out as an additional 2 bedroom apartment ready for renovation. The building is well maintained, with a mix of updated and more traditional interiors, good-sized rooms, and a strong existing rent roll. The common areas and original architectural details give the building a sense of character that is increasingly hard to find in larger multifamily properties.
Location makes the property special. 277 Grand sits within Newburgh's East End Historic District, surrounded by some of the city's most impressive historic architecture. Combined with the building's approximately 5,250 square feet, five legal apartments, and substantial bonus top-floor space, it is an unusually substantial multifamily property with both strong existing income and real room for further improvement.
The current legal configuration includes two studio apartments, one two-bedroom apartment, and two three-bedroom apartments. A top floor unit not currently included on the Certificate of Occupancy is laid out as an additional 2 bedroom apartment ready for renovation. The building is well maintained, with a mix of updated and more traditional interiors, good-sized rooms, and a strong existing rent roll. The common areas and original architectural details give the building a sense of character that is increasingly hard to find in larger multifamily properties.
Location makes the property special. 277 Grand sits within Newburgh's East End Historic District, surrounded by some of the city's most impressive historic architecture. Combined with the building's approximately 5,250 square feet, five legal apartments, and substantial bonus top-floor space, it is an unusually substantial multifamily property with both strong existing income and real room for further improvement.
Location
State NY
County Orange County
Rooms
Basement Finished
Interior
Heating Radiant
Cooling None
Fireplace No
Exterior
Parking Features On Street
Utilities Available Electricity Available, Sewer Connected, Trash Collection Public, Water Available
Building
Sewer Public Sewer
Water Public
Structure Type Brick
Schools
High Schools Newburgh
School District Newburgh
Others
Special Listing Condition None
Listed by ReAttached • Sarah Beckham Hooff
NEARBY SCHOOL & BUSINESS
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