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    123 3Rd St Newburgh, NY 12550

    For Sale
    $999,999

    Turn-key, 8-unit multifamily property in Newburgh's Historic District.

    Property size:
    5,661 SF

    Property Features for 123 3Rd St

    General Information

    Standard status
    Active
    Size
    5,661 SF

    Building Details

    Year built
    1900

    Source: Beacon Agent Yves Samuel Bouzaglo

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

    Overview

    The Victoria: Multifamily Investment Opportunity

    The Victoria, an 8-unit multifamily property, is located in the heart of Newburgh's Historic District. This turn-key property offers steady Net Operating Income. The location provides quick access to major highways and is a short commute to both NYC and Beacon. The property is minutes away from cafes, restaurants, boutiques, and historic landmarks. The property size is 5661 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.011243
    Latitude
    41.5039077

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    FAQs

    What type of property is this?
    Apartment building - Turn-key, 8-unit multifamily property in Newburgh's Historic District.
    Where is this apartment building located?
    The property is located at 123 3Rd St Newburgh, NY.
    What is the asking price?
    The asking price for this property is $999,999.
    What are key features of this property?
    This property features: - Turn-key, 8-unit multifamily property providing steady Net Operating Income.; - Prime location in the heart of Newburgh's Historic District.; - Quick access to major highways for convenient commuting.
    Request Owner's contact information
    123 3Rd 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
    123 3Rd St Newburgh, NY 12550
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