59-61, 75-77-79 Broadway

Newburgh, NY 12550 Directions
$2,600,000
  • 0.71Acres
  • 1893Built
  • NewburghElementary

Property Highlights

  • Mid. School: Newburgh
  • High School: Newburgh Free Academy
  • View: Mountain(s)
  • Days on Market: 246
  • MLS: 861108

Property Highlights

  • Mid. School: Newburgh
  • High School: Newburgh Free Academy
  • View: Mountain(s)
  • Days on Market: 246
  • MLS: 861108

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...

Property Highlights

  • Mid. School: Newburgh
  • High School: Newburgh Free Academy
  • View: Mountain(s)
  • Days on Market: 246
  • MLS: 861108

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.

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.

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  • Additional Information
    • Basement Description: Unfinished
    • Days On Market: 246
    • Elementary School: Newburgh
    • Elementary School District: Newburgh
    • High School: Newburgh Free Academy
    • Middle School: Newburgh
    • On Market Date: 2025-06-08
    • Parking: Off Street, Parking Lot, Private
    • Parking Spaces: 40
    • Sewer: Public Sewer
    • Tax Amount: $47,600
    • Type: Commercial Sale
    • Unit Count: 22
    • Utilities: Natural Gas Available, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
    • View: Mountain(s)
    • Year Built: 1893
  • Interior/Exterior Features
    • Construction Materials: Brick
    • Cooling: Central Air, Varies by Unit
    • Exterior Features: Accessible Elevator Installed
    • Flooring: Carpet
    • Heat: Natural Gas
Listing Courtesy of Lyra Blumenthal of RE/MAX Benchmark Realty Group.
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