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Brick Mixed-Use Building

128 Liberty St, Newburgh, NY 12550

For Sale
New
$545,000

Street-level retail space sits below upper-floor work areas and a residence.

Property Size5,028 SF
Days on Market2

Property Features for 128 Liberty St

General Information

Standard status Active
Size 5,028 SF
Property subtype Investment
Zoning Broadway Corridor

Additional Details

Mixed-Use Components retail, residential

Taxes and HOA fees

Annual Taxes $10,082

Amenities

spacious decks
original woodwork
hardwood floors
substantial doors and moldings
decorative fireplaces
original staircase
covered back deck

Building Details

Building Size 5,028 SF
Year Built 1900
Buildings 1
Units 3
Construction brick
Listing Agency: ReAttached
Listed By: Sarah Beckham Hooff · License NY KEY44770
Source: Elliman
Added: Nov 12 Last Checked: Nov 12 at 7:19AM

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 ReAttached

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Investment Insights

Based on property information with market context.

Built in 1900, this brick mixed-use property combines a commercial storefront at street level with additional space and a residence above. The second floor is arranged for storage, laundry, and workshop use, while the uppermost floor contains a residence with multiple bedrooms, living areas, a kitchen, and a covered rear deck. Original woodwork, hardwood flooring, decorative fireplaces, substantial doors and moldings, and a historic staircase remain among the building’s architectural features. Additional decks provide outdoor space.

The property is in Newburgh’s East End Historic District and overlooks a park. Its zoning includes the Broadway Corridor overlay. The second floor may offer potential for residential conversion, subject to applicable requirements.

Key Highlights

  • Brick mixed‑use building constructed in 1900
  • Street‑level commercial storefront with upper floors
  • Top‑floor residence includes multiple bedrooms and a covered back deck

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$43,781
Cap Rate
8.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,620 $875.6K
Cap Rate 7%
$625,443 $625.4K
Cap Rate 9%
$486,456 $486.5K
Market Conditions
NOI Build-Up for 5,028 SF
Gross rent
$81.5K $16.20/SF
− Vacancy
−$11.4K −$2.27/SF
EGI
$70.1K $13.93/SF
− OpEx
−$26.3K −$5.22/SF
NOI
$43.8K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$875,620
Cap Rate 7%
$625,443
Cap Rate 9%
$486,456

Alternative Uses

Best Use
Retail
$874.3K
$765.0K – $1.02M (±1% cap)
NOI $61,199 @ 7.0% cap · market cap 11.23%
Second Best
Mixed Use
$625.4K
$547.3K – $729.7K (±1% cap)
NOI $43,781 @ 7.0% cap · market cap 8.03%
Theoretical Best
Office A
$1.70M
$1.49M – $1.99M (±1% cap)
NOI $119,205 @ 7.0% cap · market cap 21.87%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Design by Sue Marketing & Advertising

Suggested Use

Top Pick Real Estate Agency Law Firm (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Catering Service

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

1,369
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Average Price Trend$/SF for Mixed-use properties in Orange County, NY

$166 Jul
$214 Aug
$224 Sep
$202 Oct

Properties on Market for Mixed-use properties in Orange County

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Street-level retail space sits below upper-floor work areas and a residence.
Where is this mixed-use property located?
The property is located at 128 Liberty St Newburgh, NY.
What is the asking price?
The asking price for this property is $545,000.
What are key features of this property?
This property features: Brick mixed‑use building constructed in 1900; Street‑level commercial storefront with upper floors; Top‑floor residence includes multiple bedrooms and a covered back deck
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