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    41-43 City Ter N Newburgh, NY 12550

    For Sale
    $774,900

    Mixed Use - Newburgh, NY

    Type:Mixed Use
    Property size:
    9,312 SF
    Lot size:
    0.16 Acres
    Days on Market:
    44
    Last Refresh:
    Dec 5 at 3:06 am

    Property Features for 41-43 City Ter N

    General Information

    Property type
    Commercial Sale
    Property subtype
    Mixed Use
    Standard status
    Active
    Zoning
    commercial
    APN
    331100-029-000-0004-012.000-0000
    Size
    9,312 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Multi Units

    Building Details

    Year built
    1930
    Number of units
    4
    Building materials
    Block, Brick
    Architectural style
    Other

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

    Listing agent Patrick Casilli (845) 565-2800 License #10401301916

    Listing date Oct 23, 2025

    MLS# 918146 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

    Newburgh Mixed-Use Building For Sale

    Located in the City of Newburgh, this mixed-use building at 41–43 City Terrace offers approximately 9200 sq. ft. of space. The property includes three apartments on the second floor and a 4,500 sq. ft. open shop on the first floor. The building is equipped with one gas meter and one electric meter. The landlord is currently responsible for all expenses. The annual taxes are approximately $17,000. All tenants are on month-to-month arrangements, and the property will be conveyed with tenants in place. The apartments are heated by baseboard heat, with a recently replaced gas burner and water heater. The top floor was newly built out with updated plumbing, framing, and electrical systems. The shop features a large shop garage door for easy access, and a separate entry door provides access to the upstairs apartments. The lot size is 0.1558 acres.
    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 Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0165631
    Latitude
    41.5019743

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use building with apartments and open shop in Newburgh.
    Where is this mixed-use property located?
    The property is located at 41-43 City Ter N Newburgh, NY.
    What is the asking price?
    The asking price for this property is $774,900.
    What are key features of this property?
    This property features: - 4,500 sq. ft. open shop space on the first floor.; - Three apartments on the second floor provide rental income.; - Recently updated plumbing, framing, and electrical systems on the top floor.
    (845) 565-2800
    Request Owner's contact information
    41-43 City Ter N 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
    41-43 City Ter N Newburgh, NY 12550
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