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Stalled Four-Family Construction Project
For Sale
$449,000
Pending

157 Broadway, Newburgh, NY 12550

Partially completed four-family construction project with approved plans.

Property SizeContact for details
Lot Size0.09 Acres
Days on Market261

Property Features for 157 Broadway

General Information

Standard status Pending
Lot size 0.09 Acres
Property subtype Investment

Taxes and HOA fees

Annual Taxes $13,088

Building Details

Year Built 1910
Units 4
Listing Agency: RENAISSANCE REALTY CONS GROUP
Listed By: Adam L. Kaplan · License #10301215136
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 16 at 6:32AM

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 RENAISSANCE REALTY CONS GROUP

Investment Insights

Based on property information with market context.

This is a stalled four-family construction project featuring full-floor units. The property is designed to include two 2-bedroom units and two 3-bedroom units. The framing is complete, and split units are in place. Plumbing, electrical, and underground utilities are installed. The project is ready for insulation and sheetrock. Approved plans are in place.

Key Highlights

  • Stalled 4‑family construction project ready for completion.
  • Approved plans in place.
  • Full floor units consisting of two 2‑bedroom and two 3‑bedroom units.

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Parking Lot & Garage Butcher Locksmith

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

1,719
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
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Partially completed four-family construction project with approved plans.
Where is this quadplex located?
The property is located at 157 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $449,000.
What are key features of this property?
This property features: Stalled 4‑family construction project ready for completion.; Approved plans in place.; Full floor units consisting of two 2‑bedroom and two 3‑bedroom units.
More about this property
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