59-61, 75-77-79 Broadway

New

$2,600,000

59-61, 75-77-79 Broadway Newburgh (City), NY

2126

Home61's Closings in

Miami, FL

Amenities

Air Conditioning
Central Heat
N/A
Refrigerator
N/A
Dishwasher
N/A
Washer
N/A
Walk-In Closets
N/A
Water View
N/A
Pool
N/A
Fence
N/A
Garage
N/A
Barbecue
N/A
Impact Windows
N/A

Key features

Living area
N/A
Lot size
N/A
Tax
$47,600   (2025)
$ /sqft
-
Tenant Occupied
No
Parking Space
40
Building
-
On market
1 day
$ /sqft
-
Type
other
Year Built
1893
Unit
-
Zip Code
12550
Ref./MLS ID
KEY861108

DESCRIPTION

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.  


Data is provided by OneKey MLS.

Listed on June 08, 2025 by Lyra Blumenthal from RE/MAX Benchmark Realty Group, this other is for sale. other for sale in Newburgh (City) listed at $2,600,000, Reference KEY861108

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