Mixed-Use Building with Vacant Upper
New
For Sale
$1,925,000
245 Broadway, Newburgh, NY 12550
Three parcels combine leased lower floors with an unoccupied upper level and potential residential conversion subject to approvals.
Property Size28,800 SF
Days on Market1
Property Features for 245 Broadway
General Information
Standard status
Active
Size
28,800 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$24,482
Building Details
Building Size
28,800 SF
Listing Agency:
Keller Williams Realty
Listed By:
Craig Pelsue
(845) 527-5572
Source:
Elliman
Added: Sep 15
Last Checked: Sep 15 at 2:47PM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This mixed-use offering brings together three parcels and multiple buildings at 245, 247, and 249 Broadway, along with 242 Ann Street. The combined improvements contain over 27,000 square feet, with the lower level and first floor leased and approximately 7,000 square feet available on the second floor.
The vacant upper-level area may be converted to residential apartments, subject to approvals, and the property also presents the possibility of adding another floor if permitted. Located in Newburgh, the site has a Walk Score of 82, identified as Very Walkable, and a Bike Score of 36, identified as Somewhat Bikeable.
The vacant upper-level area may be converted to residential apartments, subject to approvals, and the property also presents the possibility of adding another floor if permitted. Located in Newburgh, the site has a Walk Score of 82, identified as Very Walkable, and a Bike Score of 36, identified as Somewhat Bikeable.
Key Highlights
- Three parcels and buildings included in the sale
- Combined property totals over 27,000 SF
- Lower level and first floor are leased
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,905
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
Vacancy Rate% for Retail in Northeast region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Three parcels combine leased lower floors with an unoccupied upper level and potential residential conversion subject to approvals.
Where is this mixed-use property located?
The property is located at 245 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $1,925,000.
What are key features of this property?
This property features: Three parcels and buildings included in the sale; Combined property totals over 27,000 SF; Lower level and first floor are leased
