87 City Terrace
Newburgh, NY, 12550 $ 574,475
Bedrooms6 Baths2.0 Sq 2,222 Monthly Estimate*
$ 3,627
for $574,475 with 6 bedrooms and 2 full baths. This 2,222 square foot home was built in 1890 on a lot size of 0.0574.
Why dream of a multi-million dollar brownstone in Brooklyn or Queens when you can own a magnificent piece of classic American architecture for a fraction of the cost? Welcome to 87 City Terrace, a spectacular brick multi-family property that perfectly balances turn-of-the-century grandeur with modern features. This is the ultimate opportunity for an owner-occupant looking to build equity, establish roots, and let their property pay for itself. From the curb, the estate commands attention. The striking exterior boasts a commanding brick facade, a stately rounded bay elevation, and deeply handsomely carved architectural corbels at the roofline—features that evoke the timeless elegance of New York City’s most historic and coveted neighborhoods. Step inside, and the home’s rich heritage unfolds. The spacious, sun-drenched interiors are anchored by breathtaking, newly refinished original oak hardwood floors that radiate a warm, deep amber glow. A magnificent focal point awaits in the parlor: a stunning, historic fireplace mantel complete with an original mirrored overmantel, intricately carved columns, and beautifully preserved multi-tonal glaze tiles. Expansive, deep-set windows—including the magnificent curved bay window alcoves—flood the rooms with natural light, illuminating the robust, thick historic baseboards and window casings that you simply cannot replicate in modern construction. For the visionary buyer, this property offers a brilliant, time-tested wealth-building strategy: live luxuriously in one unit while leasing the other. The rental income from your tenant can substantially offset, or entirely cover, your monthly mortgage payment, giving you unparalleled financial freedom while living in a historic gem. Perfectly situated in a stable, established pocket of Newburgh, you are just a short stroll from the rolling green hills and historic design of the famed Downing Park. Enjoy a vibrant local community, scenic river views, and an emerging culinary scene just minutes from your front door. Skip the bidding wars of the outer boroughs and secure an architecturally significant home that offers a lifestyle of character, comfort, and financial freedom. 87 City Terrace isn't just an investment in real estate—it’s an investment in your future. Schedule your private tour today and step into a piece of living history.
See more
FeaturesInteriorInterior Amenities First Floor Bedroom First Floor Full Bath Original Details
Basement Unfinished
Basement Features Unfinished
Basement (Y/N) Y
Fireplace Y/N N
Total Bedrooms 6
Total Baths 2
See more
GeneralSewer Public Sewer
Heating Baseboard Natural Gas
Cooling None
Utilities Cable Available Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick Frame
Year Built 1890
Tenant Pays Electricity Gas Heat
Property Subtype Duplex
Tax Year 2026
Parcel Number 331100-022-000-0002-021.000-0000
County Orange County
Property Type Residential Income
Garage Y/N N
Full Baths 2
Directions Use GPS
High School Newburgh Free Academy
City Newburgh (City)
Disclosures Lead Paint Seller Property Disclosure
Senior Community Y/N N
High School District Newburgh
Number Of Units Total 2
Carport Y/N N
Elementary School Newburgh
Property Attached Y/N Y
Tax Annual Amount 10566.02
Middle/Junior High School Newburgh
Property Condition Actual
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Newburgh
Elementary School District Newburgh
Tax Assessed Value 350000
See more
ExteriorParking Features On Street On Street
Water Source Public
Spa N
Building Area Total 2222
Waterfront Y/N N
See more
* Excluded FeaturesList ByPenny B AlperListing Agent
Your Move Matters LlcBroker
PennyAlper@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $3,627
- Monthly Property Taxes
- $881
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyMulti-family listings in Newburgh, NY
Average List Price $419,655
Percent of Sale Price 27%
About Newburgh, NY 55,056 Population
6% Since 2002
$ 55,704 Median Income
36.74 Median Age
36% Households with Children
Trends Information provided by ATTOM Data Solutions.
4892201 Elementary School
4892574 Middle School
Newburgh Free Academy High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/1/2026 | $574,475 | | Listed Price |