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Historic Triplex with Carriage House
New
For Sale
$850,000

197 Grand Street, Newburgh, NY 12550

Three-unit property with private driveway, backyard, and preserved interior details.

Property SizeContact for details
Days on Market4

Property Features for 197 Grand Street

General Information

Standard status Active
Property subtype Multi-Family

Additional Details

Road Access Yes
Multifamily Units 3

Building Details

Year Built 1900
Listing Agency: ReAttached
Listed By: Sarah Beckham Hooff · License #KEY44770
Source: Lowerhudsonvalleyproperties
Added: Sep 12 Last Checked: Sep 15 at 4:59AM

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

Investment Insights

Based on property information with market context.

Built in 1900, this three-unit property includes a duplex owner’s residence and two additional apartments. The duplex spans the parlor and lower levels, with a large kitchen, recreation area, high ceilings, fireplaces, decorative tile inlays, and detailed woodwork. The two upper apartments have long-term tenants who wish to remain, providing established occupancy within the building.

The property is located at 197 Grand Street in downtown Newburgh, with a private driveway and backyard. A substantial carriage house adds a separate structure with potential for a studio, workshop, entertaining area, or accessory dwelling unit, subject to approvals. The combination of original architectural elements, outdoor space, parking, and multiple residential units creates a distinctive multifamily configuration.

Key Highlights

  • Three‑unit building with a duplex owner’s residence and two additional apartments
  • Built in 1900 with original woodwork, decorative tile inlays, fireplaces, and high ceilings
  • Two upper apartments have long‑term tenants who wish to remain

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency (Bike/Boat/Book/etc) Store Home Appliance Store Veterinary Clinic Butcher Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,130
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
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Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three-unit property with private driveway, backyard, and preserved interior details.
Where is this triplex located?
The property is located at 197 Grand Street Newburgh, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Three‑unit building with a duplex owner’s residence and two additional apartments; Built in 1900 with original woodwork, decorative tile inlays, fireplaces, and high ceilings; Two upper apartments have long‑term tenants who wish to remain
More about this property
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