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    45 Grand St Newburgh, NY 12550

    For Sale
    $950,000

    Former bank in Newburgh's Heritage Corridor with unique architectural features.

    Lot size:
    0.13 Acres

    Property Features for 45 Grand St

    General Information

    Lot size
    0.13 Acres

    Building Details

    Year built
    1932

    Source: Renaissance Realty Cons Group Agent Adam L. Kaplan

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

    Overview

    Former Bank with Soaring Ceilings

    This former bank building, situated in Newburgh City's Liberty/Grand Street Heritage Corridor, features soaring ceiling heights and a marble and granite interior. The current configuration includes 17 offices, a conference room, and a kitchen. A second-floor balcony overlooks Grand Street. The property also has a full basement suitable for storage. Designated parking is available on the corner of Grand Street and Broadway. The location is walkable to restaurants, City Hall, and SUNY Orange Community College. The property is also available for rent.
    Insight Report Location Intelligence

    Current Use by Public Records

    Banks

    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
    -74.0101262
    Latitude
    41.5006533

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    FAQs

    What type of property is this?
    Bank - Former bank in Newburgh's Heritage Corridor with unique architectural features.
    Where is this bank located?
    The property is located at 45 Grand St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $950,000.
    What are key features of this property?
    This property features: - Unique former bank building with marble and granite interior.; - Located in Newburgh's Liberty/Grand Street Heritage Corridor.; - Soaring ceiling heights.
    (917) 689-3488
    Request Owner's contact information
    45 Grand St 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
    45 Grand St Newburgh, NY 12550
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