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185 Broadway Newburgh, NY 12550

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For Sale
$799,000

Fully renovated, 4,640 sq ft retail & residential.

Property size:
4,640 SF

Property Features for 185 Broadway

General Information

Property type
Retail properties & Spaces
Square Feet
4,640 SF
Lot Size
2,178 SF

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Listing Contact
Hilary R. Goldman
Hilary R. Goldman

Listing Agency: Howard Hanna Rand Realty Listing Agent: Hilary R. Goldman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Property Insight Report

Overview

This exceptional investment opportunity presents a fully renovated, mixed-use building located at 185 Broadway, Newburgh, NY. Boasting a total of 4,640 square feet, the property offers a prime street-level commercial space perfectly complemented by four residential units above. Completed in 2024, the extensive renovations encompassed a new roof, flooring, walls, ductless heating and air conditioning systems, water heaters, bathrooms, kitchens, and windows. The building is currently fully rented, providing immediate cash flow and a stable investment. Municipal water, sewer, and gas services are readily available. The ground floor commercial space previously housed a laundromat, leaving behind a robust 2-inch water line—an ideal feature for businesses with high water usage needs, such as another laundromat, hair or nail salon, restaurant, or spa. The property sits on a 0.05-acre lot and enjoys exceptional visibility, with over 15,000 cars passing daily, ensuring high foot traffic and potential for strong tenant occupancy. This turn-key investment offers an attractive 8.5% capitalization rate, making it an ideal addition to any portfolio. The property is priced at $799,000.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Retail properties & Spaces

Suggested Use

Law Firm Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Center Skin Care Clinic

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
-74.0154
Latitude
41.50008

FAQs

What type of property is this?
Retail property - Fully renovated, 4,640 sq ft retail & residential.
Where is this retail property located?
The property is located at 185 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $799,000.
More about this property
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