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    346 Broadway Newburgh, NY 12550

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    For Sale
    $899,000

    Commercial building with restaurant, salon, and office spaces for sale.

    Lot size:
    0.06 Acres

    Property Features for 346 Broadway

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1940

    Source: RE/MAX Benchmark Realty Group Agent Waldina Almazan

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

    Overview

    Prime Commercial Building in Newburgh

    This commercial real estate building is located in the City of Newburgh. The property includes a restaurant, known for its Latin cuisine. The top floor features a furnished salon, equipped for barber, hair, or nail salon services. The second floor contains five office spaces suitable for startups, consultancies, or professional services.
    Insight Report Location Intelligence

    Current Use by Public Records

    El Salvadoreño Restaurant Salvadoran Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0234767
    Latitude
    41.5011679

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    FAQs

    What type of property is this?
    Conventional restaurant - Commercial building with restaurant, salon, and office spaces for sale.
    Where is this conventional restaurant located?
    The property is located at 346 Broadway Newburgh, NY.
    What is the asking price?
    The asking price for this property is $899,000.
    What are key features of this property?
    This property features: - Prime commercial real estate building in the heart of City of Newburgh.; - Includes a renowned restaurant with established business and loyal patrons.; - Turnkey furnished salon space ready for immediate operation.
    (305) 606-1965
    Request Owner's contact information
    346 Broadway 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
    346 Broadway Newburgh, NY 12550
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