298 Grand Street Newburgh, NY $ 850,000
298 Grand Street
$ 850,000
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298 Grand Street

Newburgh, NY, 12550
$ 850,000
Bedrooms-- Baths-- Sq 5,462

Monthly Estimate*

$ 5,303

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Commercial Property for sale in Newburgh, NY

for $850,000. This 5,462 square foot building was built in 1900 on a lot size of 0.1125.

This exceptionally well maintained rental property shows pride of ownership and is a turn key operation. Take advantage of the owner's effort and purchase a property with no deferred maintenance allowing you to collect your prorated share of rent at the closing table. All but one of the apartments have a dishwasher. There is a coin operated washer and dryer in the basement for the tenants' convenience. The roof is approximately 6 years old and the furnace is approximately 15 years old.

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Commercial Active

Price

$ 850,000

Property Type

Commercial

Taxes

$ 21,625

Style

Multi Family

Lot Size

0.1125

Year Built

1900

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

935243

Features
General
Sewer Public Sewer
Heating Baseboard
Cooling Wall/Window Unit(s)
Utilities Cable Connected Electricity Connected Phone Available Sewer Connected Trash Collection Public
Appliances Dishwasher Oven Refrigerator
Construction Materials Brick Stone
Exclusions window a/c units belong to the tenants
Year Built 1900
Property Subtype Multi Family
Tax Year 2025
Parcel Number 331100-010-000-0002-028.000-0000
Gross Income 95400
Building Name 298
County Orange County
Operating Expense 47000
Insurance Expense 3910
Property Type Commercial Sale
Facing Direction West
Building Features Laundry Walk Up
Directions From Broadway north on Grand Street past Clinton Street property is on the right side before
High School Newburgh Free Academy
City Newburgh (City)
Disclosures Lead Paint Seller Property Disclosure
High School District Newburgh
Number Of Units Total 6
Elementary School Fostertown Etc Magnet School
Property Attached Y/N N
Tax Annual Amount 21625.85
Showing Instructions Initial showing will be for 2 apartments with the rest to be shown at a later date. Listing agent to accompany all showings.
Fuel Expense 4280
Middle/Junior High School Heritage Middle School
Property Condition Actual
Trash Expense 2199
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Newburgh
Elementary School District Newburgh
Tax Assessed Value 660000
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Interior
Basement Finished
Total Stories 4
Basement Features Finished
Basement (Y/N) Y
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Exterior
Parking Features On Street On Street
Water Source Public
Building Area Total 5462
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 298
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* Excluded Features
List By
Dennis P Barr

Listing Agent

John J Lease Realtors Inc

Broker

dennybarr@johnjleaserealtors.com

Email

Affordability Calculator

$7,105
Per Month
75%
25%
0%
Monthly Principal & Interest
$5,303
Monthly Property Taxes
$1,802
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4878494 Elementary School
4098931 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
11/16/2025$850,000 Listed Price

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298 Grand Street, Newburgh, NY, 12550 is a Commercial Property for sale at $850,000 with 5,462 sqft and a lot size of 0.1125. 298 Grand Street was built in 1900. The property's zip code is 12550 which is in Newburgh, NY