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    119 William St Newburgh, NY 12550

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    For Sale
    $115,000

    Vacant commercial land in revitalizing Newburgh, great development opportunity.

    Lot size:
    0.07 Acres

    Property Features for 119 William St

    General Information

    Standard status
    Active
    Lot size
    0.07 Acres

    Source: RE/MAX BENCHMARK REALTY GROUP Agent WALDINA ALMAZAN

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

    Overview

    Newburgh Vacant Commercial Land

    Located in the City of Newburgh, 119 William St is a vacant lot classified as Commercial Property Land/Used. It is situated in an RM (Residential Medium Density) zoning district. This potential building lot is directly next to 121 William St, a two-family property owned by the same seller. The owner prefers to sell both properties together, presenting a package deal for investors or developers. The property is surrounded by historic architecture and ongoing revitalization, and is close to major colleges, public transportation, and the waterfront, offering potential for development.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    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
    -74.0126035
    Latitude
    41.4960347

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    FAQs

    What type of property is this?
    Commercial land - Vacant commercial land in revitalizing Newburgh, great development opportunity.
    Where is this commercial land located?
    The property is located at 119 William St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $115,000.
    What are key features of this property?
    This property features: - Prime development opportunity in the revitalizing City of Newburgh.; - Offered as a package deal with adjacent two-family property (121 William St) owned by the same seller.; - Located in an RM (Residential Medium Density) zoning district.
    (845) 565-0004
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    119 William St 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
    119 William St Newburgh, NY 12550
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