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    319-321 Liberty Street

    Newburgh, NY 12550
    • $465,000
    • STATUS: Pending
    • ON SITE: 159 days
    • MLS #: H6041889
    Pending
    UPDATED: 50 min ago
    $465,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1890
    County:

    School Ratings & Info

    School District:

    Description

    Fully occupied, 5-unit, mix-used building located on Liberty St across from a historic Landmark. Investors dream; enjoy both residential and commercial spaces, with a continuous stream of income in the growing rental market. This 6,354 sq ft, brick exterior, corner building consists of 2 commercial spaces and 3 residential units. Comm #1: established storefront - $1,000/month Comm #2: social lounge - $900/mo Res #A: 4-bedroom - $1,250/mo Res #B: 1-bedroom - $1,000/mo Res #C: 1-bedroom - $850/mo Total rental income is $60,000/year. Plenty of room for rental upside! All the residential units are on a month-to-month lease. The two commercial spaces have a 5-year lease with a 5% increase in rent per year. Located in Newburgh s Historic District, close to stores and restaurants on Liberty St, Broadway, and the waterfront. Walking distance to Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital, and the Beacon Ferry. Five min drive to I-84, 15 min to Beacon Metro-North train station & Stewart Airport, 75 min to NYC.

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    © 2020 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 William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-12-02T13:17:35.327.
    www.baerhomes.com/homes/107225625
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    319-321 Liberty Street Newburgh, NY 12550

    • Price: $465,000
    • Status: Pending
    • Updated: 50 min ago
    • MLS #: H6041889
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    1890
    Built
    Neighborhood:
    Newburgh City
    County:
    Orange
    Area:
    Newburgh City
    School District:
    Newburgh
    Property Description
    Fully occupied, 5-unit, mix-used building located on Liberty St across from a historic Landmark. Investors dream; enjoy both residential and commercial spaces, with a continuous stream of income in the growing rental market. This 6,354 sq ft, brick exterior, corner building consists of 2 commercial spaces and 3 residential units. Comm #1: established storefront - $1,000/month Comm #2: social lounge - $900/mo Res #A: 4-bedroom - $1,250/mo Res #B: 1-bedroom - $1,000/mo Res #C: 1-bedroom - $850/mo Total rental income is $60,000/year. Plenty of room for rental upside! All the residential units are on a month-to-month lease. The two commercial spaces have a 5-year lease with a 5% increase in rent per year. Located in Newburgh s Historic District, close to stores and restaurants on Liberty St, Broadway, and the waterfront. Walking distance to Dawning Park, Mount Saint Mary College, Montefiore St. Luke's Hospital, and the Beacon Ferry. Five min drive to I-84, 15 min to Beacon Metro-North train station & Stewart Airport, 75 min to NYC.
    Exterior Features

    Building Size 6354 Construction Materials Brick

    Interior Features

    Cooling NoneWall Unit(S) Cooling YN Yes

    Property Features

    Property Sub Type Mixed Use Property Type Commercial Sale Zoning Description Rm

    Listing courtesy of Laura Suarez Davila of Howard Hanna Rand Realty.
    © 2020 OneKey MLS. All rights reserved.


    © 2020 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 William Raveis Baer & McIntosh Real Estate. Data last updated: 2020-12-02T13:17:35.327.
     
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    William Raveis Baer & McIntosh Real Estate
    97 South Broadway
    South Nyack NY, 10960