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    298 Grand St Newburgh, NY 12550

    For Sale
    $850,000

    MULTI_FAMILY - Newburgh, NY

    Lot size:
    0.11 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 13 at 4:06 pm

    Property Features for 298 Grand St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    APN
    331100-010-000-0002-028.000-0000
    Parking features
    On Street
    Basement
    Finished
    Appliances
    Dishwasher, Oven, Refrigerator
    Lot size
    0.11 Acres

    Utilities

    Utilities
    Phone Available
    Sewer type
    Public Sewer
    Heating system
    Baseboard
    Cooling system
    Wall/Window Unit(s), Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    4
    Number of units
    6
    Building materials
    Brick, Stone

    John J Lease REALTORS (845) 565-2800 [email protected]

    Listing agent Dennis P Barr

    Listing date Nov 16, 2025

    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

    Well-Maintained Multifamily Property in Newburgh

    This exceptionally well-maintained rental property in Newburgh, New York, demonstrates pride of ownership and presents a turn-key operation. The property includes a coin-operated washer and dryer in the basement for tenant convenience. The roof is approximately 6 years old, and the furnace is approximately 15 years old. All but one of the apartments have a dishwasher. The lot size is 0.1125 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    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
    -74.008851
    Latitude
    41.510236

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    FAQs

    What type of property is this?
    Apartment building - Turn-key multifamily property in Newburgh with pride of ownership.
    Where is this apartment building located?
    The property is located at 298 Grand St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Turnkey rental property with no deferred maintenance, allowing immediate rent collection; - Most apartments include a dishwasher; - Relatively new roof (approximately 6 years old)
    (845) 527-5125
    Request Owner's contact information
    298 Grand 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
    298 Grand St Newburgh, NY 12550
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