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112 Broadway Newburgh, NY 12550

Sponsored
For Sale
$2,500,000

9-Unit Multifamily w/ Retail Space

Property size:
9,656 SF

Description

Added:
Feb 3, 2025
Days on Market:
338
This exceptional mixed-use property at 112 Broadway in Newburgh, NY, presents a compelling investment opportunity. The building, totaling 9,656 square feet, sits on a 0.05-acre lot and offers significant upside potential. Currently, the structure is weather-sealed with a newly framed-out interior, ensuring a solid foundation for the next owner. The building's structural integrity is sound, and drainage lines are in place. The interior requires finishing, allowing for customization and the selection of desired accents. The property comprises nine residential units – four studios and five two-bedroom apartments – situated above a single retail space. Approved plans are available for review upon request, providing a clear roadmap for completion. This unique offering is further enhanced by the availability of creative seller financing options, making it an attractive proposition for discerning investors seeking a hands-on project with substantial return potential. The property's location in Newburgh, NY, offers access to a growing market and presents a chance to capitalize on the area's revitalization. The combination of residential and retail space provides a diversified income stream and a strong foundation for long-term growth. This is a rare opportunity to acquire a well-positioned property with significant value-add potential. Don't miss out on this chance to shape the future of this promising investment.

Property Features for 112 Broadway

General Information

Property type
Mixed-use properties
Square Feet
9,656 SF
Lot Size
2,178 SF

Property Profile Location Intelligence

Current Use by Public Records

Mixed-use properties

Suggested Use

Realty agency Law Firm Spa & Massage Restaurant 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 County
State
New York
Longitude
-74.01152
Latitude
41.50034

FAQs

What type of property is this?
Mixed-use property - 9-Unit Multifamily w/ Retail Space
Where is this mixed-use property located?
The property is located at 112 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $2,500,000.
More about this property
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