Mixed-Use Building with
197 South St, Newburgh, NY 12550
For Sale
$799,000
A coffee shop and upper-level apartments combine commercial operations with residential space in one property.
Property Size4,536 SF
Price / SF$176.15
Days on Market12
Property Features for 197 South St
General Information
Standard status
Size
Property subtype
Units
Unit Mix
Multifamily Units
Additional Details
Business Included
Mixed-Use Components
Building Details
Year Built
Listing Agency:
1st Independent Realty Grp
Listed By:
Carlos Bermudez
(914) 213-1550
Source:
Jaida.mappmyhome
Added: Oct 27
Changed: Nov 7
Last Checked: Nov 7 at 7:13PM
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 1st Independent Realty Grp
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Investment Insights
Based on property information with market context.
This 4,536 SF mixed-use property includes a coffee shop and apartments on the second and third floors. Each apartment has three bedrooms and one full bathroom. The residential units have received moderate updates and are described as being in good condition.
An adjacent vacant lot is part of the offering, providing additional land alongside the existing improvements. The building dates to 1880.
An adjacent vacant lot is part of the offering, providing additional land alongside the existing improvements. The building dates to 1880.
Key Highlights
- 4,536 SF mixed‑use property with a coffee shop and upper‑floor apartments
- Two upper‑level apartments, each with 3 bedrooms and 1 full bath
- Adjacent vacant lot included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,210
Cap Rate
6.91%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,200
$1.1M
Cap Rate 7%
$788,714
$788.7K
Cap Rate 9%
$613,444
$613.4K
Market Conditions
NOI Build-Up for 4,536 SF
Gross rent
$81.6K $18.00/SF
− Vacancy
−$2.8K −$0.61/SF
EGI
$78.9K $17.39/SF
− OpEx
−$23.7K −$5.22/SF
NOI
$55.2K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,104,200
Cap Rate 7%
$788,714
Cap Rate 9%
$613,444
Alternative Uses
Best Use
Retail
$788.7K
$690.1K – $920.2K
NOI $55,210 @ 7.0% cap · market cap 6.91%
Second Best
Mixed Use
$564.2K
$493.7K – $658.3K
NOI $39,497 @ 7.0% cap · market cap 4.94%
Theoretical Best
Office A
$1.54M
$1.34M – $1.79M
NOI $107,540 @ 7.0% cap · market cap 13.46%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,525
Businesses Nearby
Explore this area
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 Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A coffee shop and upper-level apartments combine commercial operations with residential space in one property.
Where is this mixed-use property located?
The property is located at 197 South St 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: 4,536 SF mixed‑use property with a coffee shop and upper‑floor apartments; Two upper‑level apartments, each with 3 bedrooms and 1 full bath; Adjacent vacant lot included
