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203 Grand Street Newburgh, NY 12550

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For Sale
$1,250,000

Classic Hudson Valley multifamily with immediate cash flow potential.

Type:Commercial
Lot size:
0.09 Acres
Added:
Jan 28, 2026
Days on Market:
83
Last Refresh:
Apr 5 at 9:04 pm

Property Features for 203 Grand Street

General Information

Standard status
Active
Lot size
0.09 Acres
Property subtype
Commercial

Building Details

Year Built
1880

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Listing Contact
JAKE M. PONESSI

Listing agent JAKE M. PONESSI

Listing office RE/MAX BENCHMARK REALTY GROUP

Listing date Jan 28, 2026

Source Corcoran

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 RE/MAX BENCHMARK REALTY GROUP


Overview

Historic Multifamily in Newburgh

Located in Newburgh, this historic multifamily property showcases classic Hudson Valley architecture. Constructed with solid craftsmanship, the building features generous proportions and character. The property includes 6 legal in-place residential units, plus income from a separate garage, providing stabilized cash flow. There are also 2 city-approved basement units, presenting a value-add opportunity for investors. Future construction must adhere to the approved site plan and sprinkler plan. Newburgh benefits from its location near the Hudson River and Metro-North access. This property is suited for a 1031 exchange buyer or long-term holder seeking yield.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

1031 exchange properties

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

  • Map
  • Local Demand
City
Newburgh
County
Orange
State
New York
Longitude
-74.0093
Latitude
41.5066

FAQs

What type of property is this?
Apartment building - Classic Hudson Valley multifamily with immediate cash flow potential.
Where is this apartment building located?
The property is located at 203 Grand Street Newburgh, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Immediate, stabilized cash flow from 6 legal in‑place residential units plus separate garage income.; Opportunity to enhance returns with 2 city‑approved basement units (subject to approved plans).; Historic building (Year Built: 1880) with unique character and solid construction.
More about this property
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