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About the Listing BENC01 - 39361,347752
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.
Listing Highlights
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond: Central Air,Varies by Unit
- Heating: Natural Gas
- Fireplaces:
- Floor: Carpet
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement: Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: City Lot,Corner Lot,Historic District,Near Shops,No Waterfront
- Garage Capacity: N/A
- Parking Spaces: 40
- Roof:
- Others: Actual,Renovated
- Sewer: Public Sewer
- Parking Features: Off Street,Parking Lot,Private
Financial Details
- Tax Amount: $47,600
- Taxes w/Assessments: N/A
- Tax/Property ID: 331100-037-000-0002-001.000-0000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
59-61 , 75-77-79 Broadway Newburgh, NY 12550
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