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For SaleRetailMLS KEY979638

317 Liberty Street

Newburgh (City), NY · Orange County
Listed by
Brick and Mortar RE LLC
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
2,412 SF
Site
0.03 acres
Price / SF
$78
NOI
$27,000
Year built
1860
Stories
3

The offering

Check out this investment opportunity. The property includes one three-bedroom apartment and a deli commercial space. Both units are long-term tenants. The store has mini-splits for heating and cooling, and the apartment has electric baseboard heat.

Since this property is located in Downtown Newburgh, there are many amenities close by. Including charming shops, restaurants, and cafes on the Liberty St corridor, featuring local eateries such as; Ms. Fairfax, Betty's Snack Bar, The Wherehouse, & Cafe Little Treasure. You'll also find a vibrant nightlife scene with bars like; Untouchables, Newburgh Brewing Company, & 190 Bar. Within the downtown area you can also find Downing Park, built by Central Park architect Calvert Vaux, as well as, SUNY Orange, Mount St. Mary's College, galleries, studio rentals, bodegas, a great library, & George Washington Historical Park. The Newburgh Waterfront with all of its restaurants is just a short walk away. Also New York Stewart International Airport is right outside of town!

Building & site

Interest conveyedFee simple
Gross building area2,412 SF
Building typeRetail
Property typeRetail
Year built1860
Stories3
Land area0.03 acres
Land area, SF1,314 SF
WaterPublic
SewerPublic Sewer
HeatBaseboard
Tax parcel33090011-5-7
Electric utilityCentral Hudson

Income & tenancy

Gross income (as reported)
$27,000

Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$4,260
Assessed value$20,500
Land assessment$5,500
Full market value$218,100
Owner of recordApfel, Paul
School districtMiddletown
Property class210

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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