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    406 3Rd St Newburgh, NY 12550

    Sponsored
    For Sale
    $350,000

    Established Business, Real Estate & Equipment

    Property size:
    2,789 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional Newburgh, NY retail property at 406 3rd St presents a unique investment opportunity. The 2,789 square foot building sits on a 0.71-acre lot and boasts a rich history, having operated as a successful business for over 76 years, previously a prominent greenhouse. The property is offered for sale at $350,000, including the established business and all equipment. The building itself has undergone recent updates, featuring newer siding, interior dГ©cor, and a freshly paved driveway. The well-maintained structure offers 1500 square feet of usable interior space, encompassing a showroom, storage, and preparation areas. Additional storage is available in a walk-up attic and an unfinished basement. A detached shed is also included. The sale includes all existing commercial equipment, such as two large walk-in refrigerators, display cases, counters, a fully equipped prep area, and ample shelving. This turnkey operation is ready for immediate revenue generation, offering a seamless transition for a new owner. The current owner is retiring, presenting a rare chance to acquire a long-standing, profitable business with an established clientele. This is an exceptional opportunity to own a piece of Newburgh's commercial history and capitalize on a thriving business.

    Property Features for 406 3Rd St

    General Information

    Property type
    Retail properties
    Square Feet
    2,789 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    Foti Flowers At Yuess ... Florist

    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 County
    State
    New York
    Longitude
    -74.02694
    Latitude
    41.50546

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    FAQs

    What type of property is this?
    Retail property - Established Business, Real Estate & Equipment
    Where is this retail property located?
    The property is located at 406 3Rd St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $350,000.
    (845) 565-0004
    Request Owner's contact information
    406 3Rd 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
    406 3Rd St Newburgh, NY 12550
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