185 Broadway, Newburgh, NY 12550

Listing office RAND COMMERCIAL h***@randcommercial.com Show Phone

Listing date Mar 11, 2026

Source Elliman

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Overview

This mixed-use property, fully renovated in 2024 and fully leased, presents an investment opportunity. The building features one street-level commercial space leased to a Fortune 2500 company, accompanied by four residential units above. Extensive renovations include a new roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, and windows. The property has municipal water, sewer, and gas connections. The ground floor space previously housed a laundromat and retains a 2" water line, making it suitable for tenants with high water usage, such as a laundromat, hair or nail salon, restaurant, or spa. The property benefits from high visibility, with over 15,000 cars passing by daily. Located on the Broadway corridor in the City of Newburgh, the area is undergoing economic development projects, including a new hotel and spa adaptive reuse assemblage 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 visitation.

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Butcher Locksmith Veterinary Clinic (Bike/Boat/Book/etc) Store Catering Service (Bike/Boat/Book/etc) Store Home Appliance Store

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

• Map
• Local Demand

City

Newburgh

County

Orange

State

New York

Longitude

-74.0154

Latitude

41.5001

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FAQs

What type of property is this?

Mixed-use property - Turn-key, fully 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 rate turn‑key investment property.; **Fully renovated in 2024 with new roof, floors, walls, HVAC, water heaters, bathrooms, kitchens, and windows.**; Fully leased with a street‑level commercial space leased to a Fortune 2500 company and 4 residential units.