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    224 Broadway Newburgh, NY 12550

    For Sale
    $1,100,000

    Mixed-use building with residential and retail units in Newburgh.

    Lot size:
    0.12 Acres

    Property Features for 224 Broadway

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1890

    Source: Renaissance Realty Cons Group Agent Adam L. Kaplan

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

    Overview

    Renovated Mixed-Use Building on Broadway

    This renovated building on Broadway features a mix of residential and commercial spaces. The property includes two two-bedroom, one-bathroom units, three one-bedroom, one-bathroom units, one studio apartment, and one retail unit. The building is situated in close proximity to stores, restaurants, cafes, and parks. Its location offers convenient walking access to retail and dining options on Broadway, Liberty Street, and near Washington's Headquarters. The waterfront and the Newburgh Beacon Ferry are also within walking distance. Nearby points of interest include Downing Park, Mount Saint Mary College, and Montefiore St. Luke's Hospital.
    Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    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
    -74.0175269
    Latitude
    41.5006988

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    FAQs

    What type of property is this?
    Apartment building - Mixed-use building with residential and retail units in Newburgh.
    Where is this apartment building located?
    The property is located at 224 Broadway Newburgh, NY.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Renovated building offering multiple income-generating units (2 two-bedroom, 3 one-bedroom, 1 studio, and 1 retail unit).; - Prime location on Broadway, providing high visibility and accessibility.; - Walking distance to a variety of amenities including stores, restaurants, and the Newburgh Beacon Ferry.
    (917) 689-3488
    Request Owner's contact information
    224 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
    224 Broadway Newburgh, NY 12550
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