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Well-Maintained Brick Three-Family Home
For Sale
$465,000
Pending

85 City Ter, Newburgh, NY 12550

Three-unit property with updated interiors and income potential.

Property Size2,522 SF
Lot Size0.06 Acres
Days on Market268

Property Features for 85 City Ter

General Information

Standard status Pending
Size 2,522 SF
Lot size 0.06 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $7,843

Building Details

Building Size 2,522 SF
Year Built 1890
Units 3
Listing Agency: GILLESPIE REAL ESTATE LLC
Listed By: Jodi M Gillespie
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 15 Last Checked: Aug 22 at 10:46AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GILLESPIE REAL ESTATE LLC

Investment Insights

Based on property information with market context.

This is a well-maintained brick three-family home, designed to provide both comfort and income potential. The property comprises three separate units suitable for both homeowners and investors. The kitchens and bathrooms have been recently renovated with contemporary finishes. New flooring has been installed throughout the property. Some plumbing and water heating systems have been updated. According to the owner, the roof is 2 years old. This property presents a rental income opportunity for investors seeking cash flow, or for homeowners looking to offset mortgage costs with rental income.

Key Highlights

  • Strong rental income opportunity for investors or homeowners
  • Three separate units provide flexibility for living and renting
  • Recently renovated kitchens and bathrooms with contemporary finishes

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Home Appliance Store Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,687
Businesses Nearby

Demographics for 12550, NY

55,869
Population
22,204
Households
2.5
Avg Household Size
37
Median Age
26%
College-Educated
86%
High-School Grad
34.7 sq mi
ZIP Area
1,610
Density / Sq Mi
$78,019
Median Household Income
$40,762
Median Earnings
$1,466
Median Rent
$297,400
Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with updated interiors and income potential.
Where is this triplex located?
The property is located at 85 City Ter Newburgh, NY.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Strong rental income opportunity for investors or homeowners; Three separate units provide flexibility for living and renting; Recently renovated kitchens and bathrooms with contemporary finishes
More about this property
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