Turn-Key Investment Building For
185 Broadway Newburgh, NY 12550
185 Broadway, Newburgh, NY, 12550
$799,000
Pending
For Sale
$799,000
Pending
Fully renovated, leased mixed-use building with commercial space and apartments.
Lot Size0.05 Acres
Days on Market255
Property Features for 185 Broadway
General Information
- Standard status
- Pending
- Lot size
- 0.05 Acres
- Property subtype
- Commercial
Listing Agency
RAND COMMERCIAL
(845) 294-3100
Listed by
HILARY R. GOLDMAN · License #10401329553
Source
Corcoran
Added: Nov 6, 2025 Checked: Jul 19 at 4:05 am
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 RAND COMMERCIAL
Investment Insights
Based on property information with market context.
This mixed-use building, fully renovated in 2024 and fully leased, presents an investment opportunity. It features a street-level commercial space leased to a Fortune 2500 company, along with four residential units above. The building has undergone extensive renovations, including a new roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, and windows. The property is connected to municipal water, sewer, and gas services. The ground floor space previously housed a laundromat and retains a 2" water line, making it suitable for businesses with high water usage such as a laundromat, hair or nail salon, restaurant, or spa. The location benefits from high visibility, with over 15,000 cars passing by daily. Located on the Broadway corridor in the City of Newburgh, the property is situated in an area undergoing economic development projects. A new hotel and spa adaptive reuse assemblage is planned a few blocks away. The city government is planning a deep port dock to accommodate large passenger cruise ships and utilize the nearby international airport. Highway access to two interstates and the MTA train station across the bridge facilitate commuting and visits.
Key Highlights
- 8. 5% CAP, turn‑key investment property, fully leased.
- Fully renovated in 2024 with new roof, floors, walls, HVAC, water heaters, bathrooms, kitchens, and windows.
- Street level commercial space leased to a Fortune 2500 company.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Fully renovated, leased mixed-use building with commercial space and apartments.
Where is this mixed-use property located?
The property is located at 185 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 8. 5% CAP, turn‑key investment property, fully leased.; Fully renovated in 2024 with new roof, floors, walls, HVAC, water heaters, bathrooms, kitchens, and windows.; Street level commercial space leased to a Fortune 2500 company.