185 Broadway | Newburgh City Newburgh

$799,000

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. At one time the ground floor space had a laundromat so there is a 2\" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business. OneKeyMLS H6322675

MLS Listing ID: 
OneKeyMLS H6322675
Community Information
School District: 
Newburgh City
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Natural Gas,Heat Pump
Cooling System: 
Ductless
Water Source: 
Public
Sewer: 
Public Sewer
Lot/Land Details
Details about the lots and land features included on the property.
Lot Area Units: 
Acres
Lot Dimensions Units: 
Acres
Waterfront: 
0
Public Record
Parcel Number: 
331100-036-000-0001-002.000-0000
Annual Tax: 
$9,890.00
Property Zoning: 
BC
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Hilary R. Goldman
Listing Co-Agent Name: 
Paul W. Adler
Listing Office Name: 
Rand Commercial
Listing Co-Office Name: 
Rand Commercial