Six-Unit Historic Apartment
For Sale
$1,199,999
238-240 Grand Street Newburgh, Ny, NY 12550
Brick construction and adjacent off-street parking support an income-producing multifamily property.
Property Size6,570 SF
Price / SF$182.65
Days on Market56
Property Features for 238-240 Grand Street Newburgh
General Information
Standard status
Active
Size
6,570 SF
Total Parking Spaces
8
Zoning
RL
Additional Details
Multifamily Units
6
Taxes and HOA fees
Annual Taxes
$26,289
Amenities
off-street parking
See Remarks,Unfinished
Yes
See Remarks, Unfinished
Public
8
No
Off Street
Brick/Mortar,Stone
6570
Building Details
Building Size
6,570 SF
Year Built
1890
Buildings
1
Construction
brick
Listing Agency:
(718) 684-8000
Listed By:
Michael Singh
(718) 684-8000
Source:
Parkassets
Added: Jul 8
Changed: Aug 31
Last Checked: Aug 31 at 12:58PM
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 Michael Singh
Investment Insights
Based on property information with market context.
Located at 238–240 Grand Street in Newburgh, this six-unit multifamily property occupies a 6,570-square-foot brick residence constructed in 1890. The building retains historic architectural elements, including ornate cornice detailing, wide window bays, generous ceiling heights, and substantial masonry walls. Wood-framed floors and a wood-framed roof complement the load-bearing brick structure.
The residence has been converted into income-producing apartments and includes approval for a basement unit. An adjacent lot is used exclusively for off-street parking, providing dedicated parking for the property. The asset is located near the Newburgh Waterfront and regional employers, with zoning identified as RL.
The residence has been converted into income-producing apartments and includes approval for a basement unit. An adjacent lot is used exclusively for off-street parking, providing dedicated parking for the property. The asset is located near the Newburgh Waterfront and regional employers, with zoning identified as RL.
Key Highlights
- Six‑unit multifamily property at 238–240 Grand Street
- 6,570‑square‑foot brick residence constructed in 1890
- Approval for basement unit
Property Analytics
Current Use
Lease Details
6
Residential units
Location Intelligence
Trade Area within ½ mile
33,012
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Brick construction and adjacent off-street parking support an income-producing multifamily property.
Where is this apartment building located?
The property is located at 238-240 Grand Street Newburgh Ny, NY.
What is the asking price?
The asking price for this property is $1,199,999.
What are key features of this property?
This property features: Six‑unit multifamily property at 238–240 Grand Street; 6,570‑square‑foot brick residence constructed in 1890; Approval for basement unit
