87 City Terrace Newburgh, NY $ 574,475
87 City Terrace
$ 574,475
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87 City Terrace

Newburgh, NY, 12550
$ 574,475
Bedrooms6 Baths2.0 Sq 2,222

Monthly Estimate*

$ 3,627

87 City Terrace, Newburgh, NY 12550 - Image 1

Multi-Family Home for sale in Newburgh, NY

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.

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Multi-Family Active

Price

$ 574,475

Bedrooms

6

Full Bath

2

Property Type

Multi-Family

Taxes

$ 10,566

Style

Duplex

Lot Size

0.0574

Year Built

1890

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

1057105

Features
Interior
Interior 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
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General
Sewer 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
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Exterior
Parking Features On Street On Street
Water Source Public
Spa N
Building Area Total 2222
Waterfront Y/N N
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Internal Only
Street Number 1 87
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* Excluded Features
List By
Penny B Alper

Listing Agent

Your Move Matters Llc

Broker

PennyAlper@gmail.com

Email

Affordability Calculator

$4,508
Per Month
80%
20%
0%
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.
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Nearby
4892201 Elementary School
4892574 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
10/1/2026$574,475 Listed Price

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87 City Terrace, Newburgh, NY, 12550 is a Multi-Family Home for sale at $574,475 with 2,222 sqft and a lot size of 0.0574. 87 City Terrace has 6 bedrooms, 2.0 baths, and was built in 1890. The property's zip code is 12550 which is in Newburgh, NY