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    153 Lander St Newburgh, NY 12550

    For Sale
    $599,000

    MULTI_FAMILY - Newburgh, NY

    Lot size:
    0.14 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 153 Lander St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bathroom 3, Bedroom 3, Basement, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    Bathrooms
    3
    APN
    331100-018-000-0004-044.120-0000
    Parking features
    Driveway
    Interior features
    First Floor Full Bath, Ceiling Fan(s), Entrance Foyer, Recessed Lighting, Walk-In Closet(s)
    Basement
    Full, Unfinished
    Lot size
    0.14 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Heat Pump (Heating), Baseboard
    Water source
    Public

    Building Details

    Year built
    1900
    Number of units
    4
    Flooring type
    Hardwood, Laminate, Tile
    Building materials
    Brick, Frame

    eXp Realty (888) 276-0630 [email protected]

    Listing agent Virginia Corbett (845) 582-3790

    Listing date Dec 3, 2025

    MLS# 915636 Listing URL

    Copyright © 2025 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Building in Historic District

    Located in the heart of Newburgh's Historic District, this fully leased three-story mixed-use building is situated on an expanded lot. The property includes a commercial storefront, a garden-level studio, and two full-floor residential apartments. The first floor features a storefront suitable for retail, office, or studio use. Toward the rear is a spacious hallway that leads to the backyard, a shared laundry room, and access to the garden-level studio. The studio also has a private exterior entrance and features soaring ceilings, offering versatility for living or work space. The second and third floors each contain a two-bedroom, one-bath apartment. Both residential units feature an open kitchen, dining, and living area with oak flooring, walk-in closets, and Energy Star stainless steel appliances. The top-floor bathroom includes a skylight that brings in natural light. Outdoor amenities include a shared patio area and backyard, along with off-street parking. There are also remains of a 3 car garage that could be rebuilt for additional income. The property is located near local restaurants, shops, public transportation, and the waterfront, within one of Newburgh's architecturally rich neighborhoods. This mixed-use building, ideal for investors, has tenants who are all on 12-24 month leases and all pay on time. The lot size is 0.1377 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.012123
    Latitude
    41.506076

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased mixed-use building with commercial and residential units.
    Where is this mixed-use property located?
    The property is located at 153 Lander St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: - Fully leased mixed-use building in Newburgh's Historic District generating approximately $75,000 gross income and $50,000 net income annually.; - Diverse income streams from a commercial storefront, garden-level studio, and two full-floor residential apartments.; - All tenants are on leases (12-24 months) and pay on time.
    (845) 582-3790
    Request Owner's contact information
    153 Lander St Newburgh, NY 12550
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    Newburgh, NY 12550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    153 Lander St Newburgh, NY 12550
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