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    163 Chambers St Newburgh, NY 12550

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    For Sale
    $589,000

    Charming, renovated 4-unit building in Newburgh with high return potential.

    Lot size:
    0.06 Acres

    Property Features for 163 Chambers St

    General Information

    Lot size
    0.06 Acres

    Building Details

    Year built
    1890

    Source: Joseph Polatseck Agent Joseph Polatseck

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

    Overview

    Newburgh 4-Unit Brick Building

    This 4-unit brick building in Newburgh presents an investment opportunity with a potential cap rate of 10.5%+. The property was renovated in 2019, offering modern amenities and reduced maintenance costs. Located in the heart of Newburgh, near the Hudson River waterfront, the building provides scenic views and growth potential. The property generates stable rental income from its four units. Utilities for the top two floors are paid by the owner.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage 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
    State
    New York
    Longitude
    -74.0117133
    Latitude
    41.5063249

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    FAQs

    What type of property is this?
    Quadplex - Charming, renovated 4-unit building in Newburgh with high return potential.
    Where is this quadplex located?
    The property is located at 163 Chambers St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $589,000.
    What are key features of this property?
    This property features: - High Cap Rate: 10.5%+ potential for strong returns.; - Renovated in 2019: Enjoy modern amenities and reduced maintenance.; - Prime Location in the heart of Newburgh, near the Hudson River waterfront, offering scenic views and growth potential.
    (646) 526-2751
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    163 Chambers 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
    163 Chambers St Newburgh, NY 12550
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