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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.

Features
Heating System:
Natural Gas
Cooling System:
Central Air, Varies By Unit
Basement:
Unfinished
View:
Mountain(s)
Accessibility Features:
Accessible Elevator Installed
Flooring:
Carpet
Lot Features:
Corner Lot, Historic District, Near Shops, City Lot
Parking Features:
Private, Off Street, Parking Lot
Sewer:
Public Sewer
Utilities:
Trash Collection Public, Natural Gas Connected, Electricity Connected, Cable Connected, Water Connected, Sewer Connected
Address Map
City:
Newburgh (city)
State:
NY
County:
Orange County
Property and Construction
Development Status:
Brick
Elementary School:
Newburgh
High School:
Newburgh Free Academy
Agent MlsId:
39361
Office MlsId:
BENC01
MiddleOrJunior School:
Newburgh
Number Of Units:
22
Special Listing Conditions:
No
Stories Total:
4
Tax Annual Amount:
$47,600
Water Source:
Public
PhotosCount:
40

Commercial Sale For Sale

59-61, 75-77-79 Broadway, Newburgh (city), NY

30,779 Acre
$2,600,000
Listing ID #861108
Basic Details
Property Type :
Commercial Sale
Property SubType :
Multi Family
Listing ID :
861108
Price :
$2,600,000
Bathrooms Total :
0
Building Area :
29,000 Sqft
Lot Area :
30,779 Acre
Year Built :
1893
Status :
Active
Status :
Active
Listing Office :
RE/MAX Benchmark Realty Group
Listing Agent :
Lyra Blumenthal
Agent info
Kasner Properties
284 W Park Ave Long Beach, NY 11561
Contact Agent
Walkscore
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