Downtown 3-Unit Brick
For Sale
$395,000
141 S William St, Newburgh, NY 12550
Brick 3-family home with two leased two-bedroom units and a vacant first-floor one-bedroom unit sold as-is.
Property SizeContact for details
Days on Market129
Property Features for 141 S William St
General Information
Standard status
Active
Property subtype
Multi-Family
Additional Details
Multifamily Units
3
Building Details
Year Built
1900
Construction
brick
Listing Agency:
Brick and Mortar RE LLC
Listed By:
Daniel Gilbert
(845) 283-3561
Source:
Realtyconnectusa
Added: May 14
Changed: Sep 10
Last Checked: Sep 18 at 11:38AM
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 brick 3-family home includes two two-bedroom apartments and a vacant first-floor one-bedroom apartment. The first-floor unit needs work in order to be rentable, and the property is being sold as-is. Pro forma rent of $1,400 is noted for unit #1, while other rents are described as actual rents. Heating and electricity are tenant-paid, and tenants are on leases.
Located in Downtown Newburgh, the property is within walking distance of amenities along the Liberty St corridor, including shops, restaurants, and cafes. The area also features nearby Downing Park, SUNY Orange, Mount St. Mary’s College, galleries, a library, and George Washington Historical Park, with the Newburgh Waterfront reported as a short walk away.
The building offers a straightforward income approach with two occupied units and one unit currently vacant and requiring updates for lease readiness.
Located in Downtown Newburgh, the property is within walking distance of amenities along the Liberty St corridor, including shops, restaurants, and cafes. The area also features nearby Downing Park, SUNY Orange, Mount St. Mary’s College, galleries, a library, and George Washington Historical Park, with the Newburgh Waterfront reported as a short walk away.
The building offers a straightforward income approach with two occupied units and one unit currently vacant and requiring updates for lease readiness.
Key Highlights
- Brick 3‑family home built in 1900
- Two leased 2‑bedroom apartments plus a vacant first‑floor 1‑bedroom apartment
- Pro forma rent of $1,400 for unit #1 (property sold as‑is; unit needs work to be rentable)
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
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Business Placement
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
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Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Triplex - Brick 3-family home with two leased two-bedroom units and a vacant first-floor one-bedroom unit sold as-is.
Where is this triplex located?
The property is located at 141 S William St Newburgh, NY.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Brick 3‑family home built in 1900; Two leased 2‑bedroom apartments plus a vacant first‑floor 1‑bedroom apartment; Pro forma rent of $1,400 for unit #1 (property sold as‑is; unit needs work to be rentable)
