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Renovated Office Space in Downtown
For Lease
$1,200/Mo

98 Grand St, Newburgh, NY 12550

Modern, renovated office space in a vibrant downtown location.

Property Size1,000 SF
Lot Size0.06 Acres
Days on Market145

Property Features for 98 Grand St

General Information

Standard status Active
Size 1,000 SF
Lot size 0.06 Acres
Property subtype Commercial
Listing Agency: BRICK AND MORTAR RE LLC
Listed By: Daniel Gilbert
Source: Elliman
Added: Mar 12 Changed: Jul 6 Last Checked: Aug 2 at 7:29AM

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 BRICK AND MORTAR RE LLC

Investment Insights

Based on property information with market context.

This renovated historic property offers a modern office space featuring 1000 square feet with three rooms. The ground floor office includes high-efficiency heat and AC, ample storage, and a new bathroom. Located in Downtown Newburgh, the property is near amenities such as shops, restaurants, and cafes on the Liberty St corridor, including Ms. Fairfax, Betty's Snack Bar, The Wherehouse, & Cafe Little Treasure. The area also offers a vibrant nightlife scene with bars like Untouchables, Newburgh Brewing Company, & 190 Bar. Downing Park, designed by Central Park architect Calvert Vaux, SUNY Orange, Mount St. Mary's College, galleries, studio rentals, bodegas, a library, & George Washington Historical Park are also located downtown. The Newburgh Waterfront and its restaurants are a short walk away, and New York Stewart International Airport is located just outside of town.

Key Highlights

  • Renovated historic property offering modern office comforts
  • Prime Downtown Newburgh location with walkable access to shops, restaurants, cafes, and nightlife
  • 1000 sq ft ground floor office space with three rooms

Property Analytics

Current Use

Ecclesia Ministries-Newburgh Church

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Butcher Real Estate Agency 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.

Lease Details

NNN (Triple Net)
Lease Type
$2.16 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,356
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

Lease Benchmarks for Newburgh, NY

$23.4 /SF/Yr
Avg Asking Price
$4.74–$97.5 /SF/Yr
Price Range
1,935 SF
Avg Space Size

This space is priced 38% below the average of $23.4 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Modern, renovated office space in a vibrant downtown location.
Where is this office units located?
The property is located at 98 Grand St Newburgh, NY.
What is the lease rate?
The lease rate is $1,200 /Mo.
What are key features of this property?
This property features: Renovated historic property offering modern office comforts; Prime Downtown Newburgh location with walkable access to shops, restaurants, cafes, and nightlife; 1000 sq ft ground floor office space with three rooms
More about this property
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