59-61, 75-77-79 Broadway Newburgh, NY $ 2,600,000
59-61, 75-77-79 Broadway
$ 2,600,000
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59-61, 75-77-79 Broadway

Newburgh, NY, 12550
$ 2,600,000
Bedrooms-- Baths-- Sq 29,000

Monthly Estimate*

$ 16,221

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Commercial Property for sale in Newburgh, NY

for $2,600,000. This 29,000 square foot building was built in 1893 on a lot size of 0.71.

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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Commercial Active

Price

$ 2,600,000

Property Type

Commercial

Taxes

$ 47,600

Style

Multi Family

Lot Size

0.71

Year Built

1893

Town/City

Newburgh

County/Region

Orange

MLS | Web ID

861108

Features
General
Sewer Public Sewer
Heating Natural Gas
Cooling Central Air Varies by Unit
Utilities Cable Connected Electricity Connected Natural Gas Connected Sewer Connected Trash Collection Public Water Connected
Construction Materials Brick
Year Built 1893
Tenant Pays Electricity Water
View Mountain(s)
Property Subtype Multi Family
Tax Year 2025
Parcel Number 331100-037-000-0002-001.000-0000
Accessibility Accessible Elevator Installed
County Orange County
Operating Expense 139000
Insurance Expense 15875
Property Type Commercial Sale
Building Features Laundry
High School Newburgh Free Academy
City Newburgh (City)
High School District Newburgh
Number Of Units Total 22
Elementary School Newburgh
Property Attached Y/N Y
Tax Annual Amount 47600
Showing Instructions must call listing broker for access.
Fuel Expense 14000
Middle/Junior High School Newburgh
Property Condition Actual
Trash Expense 4410
Water Sewer Expense 12880
Additional Parcels Y/N Y
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Newburgh
Elementary School District Newburgh
Tax Assessed Value 1453000
Year Built Effective 1980
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Interior
Basement Unfinished
Flooring Carpet
Total Stories 4
Basement Features Unfinished
Basement (Y/N) Y
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Exterior
Parking Features Off Street Parking Lot Private Off Street Parking Lot Private
Water Source Public
Total Parking 40
Parking Spaces 40
Building Area Total 29000
Waterfront Y/N N
Road Frontage Type Municipal
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 59
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* Excluded Features
List By
Lyra Blumenthal

Listing Agent

Re/Max Benchmark Realty Group

Broker

845-565-0004

Contact

Affordability Calculator

$20,187
Per Month
80%
20%
0%
Monthly Principal & Interest
$16,221
Monthly Property Taxes
$3,967
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
4892201 Elementary School
4892574 Middle School
Newburgh Free Academy High School High School
Pricing History
DatePricePrice ChangeDescription
6/8/2025$2,600,000 Listed Price

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59-61, 75-77-79 Broadway, Newburgh, NY, 12550 is a Commercial Property for sale at $2,600,000 with 29,000 sqft and a lot size of 0.71. 59-61, 75-77-79 Broadway was built in 1893. The property's zip code is 12550 which is in Newburgh, NY