Mixed-Use Building with
15 Liberty Street, Newburgh, NY 12550
For Sale
$490,000
A brick property combines ground-floor commercial space with two residential apartments featuring updated interiors.
Property Size4,346 SF
Price / SF$112.75
Days on Market47
Property Features for 15 Liberty Street
General Information
Standard status
Size
Property subtype
Zoning
Units
Unit Mix
Multifamily Units
Additional Details
Gross Income
Mixed-Use Components
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Buildings
Units
Construction
Tenancy
Listing Agency:
Brick and Mortar RE LLC
Listed By:
Daniel Gilbert
(845) 283-3561
Source:
Adamstreetrealty
Added: Sep 22
Changed: Nov 7
Last Checked: Nov 7 at 2:06PM
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
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Investment Insights
Based on property information with market context.
At 15 Liberty Street, this 4,346-square-foot brick property contains a ground-floor commercial unit and two apartments, each with two bedrooms. The interior was updated by a prior owner a few years ago, while the building dates to 1910. The property is zoned DN.
The building is on Liberty Street in downtown Newburgh. The Newburgh Waterfront, with restaurants and entertainment, is a short walk away. Other nearby destinations named include Downing Park, SUNY Orange, Mount Saint Mary College, the Newburgh Free Library, and Washington's Headquarters State Historic Site.
The building is on Liberty Street in downtown Newburgh. The Newburgh Waterfront, with restaurants and entertainment, is a short walk away. Other nearby destinations named include Downing Park, SUNY Orange, Mount Saint Mary College, the Newburgh Free Library, and Washington's Headquarters State Historic Site.
Key Highlights
- 4,346‑square‑foot brick building constructed in 1910
- Ground‑floor commercial space and two two‑bedroom apartments
- Zoned DN
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,843
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,860
$756.9K
Cap Rate 7%
$540,614
$540.6K
Cap Rate 9%
$420,478
$420.5K
Market Conditions
NOI Build-Up for 4,346 SF
Gross rent
$70.4K $16.20/SF
− Vacancy
−$9.9K −$2.27/SF
EGI
$60.5K $13.93/SF
− OpEx
−$22.7K −$5.22/SF
NOI
$37.8K $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%
$756,860
Cap Rate 7%
$540,614
Cap Rate 9%
$420,478
Alternative Uses
Best Use
Apartment 5plus
$1.16M
$1.02M – $1.35M
NOI $81,294 @ 7.0% cap · market cap 16.59%
Second Best
Retail
$755.7K
$661.2K – $881.6K
NOI $52,898 @ 7.0% cap · market cap 10.80%
Theoretical Best
Office A
$1.47M
$1.29M – $1.72M
NOI $103,036 @ 7.0% cap · market cap 21.03%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
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
$297,400
Median Home Value
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Market
Average Price Trend$/SF for Mixed-use properties in Orange County, NY
Properties on Market for Mixed-use properties in Orange County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A brick property combines ground-floor commercial space with two residential apartments featuring updated interiors.
Where is this mixed-use property located?
The property is located at 15 Liberty Street Newburgh, NY.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: 4,346‑square‑foot brick building constructed in 1910; Ground‑floor commercial space and two two‑bedroom apartments; Zoned DN
