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Mixed-Use Building with Vacant Floor
For Sale
$1,925,000

245 Broadway, Newburgh, NY 12550

Commercial Sale, Newburgh, NY

Property SizeContact for details
Lot Size0.27 Acres
Days on Market47

Property Features for 245 Broadway

General Information

Property type Commercial Sale
Property subtype Other
Zoning BC
Rooms Basement
Basement Walk-Out Access, Full, Storage Space
Elementary school district Newburgh
Middle school district Newburgh
High school district Newburgh
Standard status Active
APN 331100-035-000-0002-008.100-0000
Lot size 0.27 Acres

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 24483

Utilities

Sewer type Public Sewer
Heating system Forced Air, Baseboard, Oil, Natural Gas
Cooling system Zoned, Central Air
Water source Public

Building Details

Building materials Brick, Stucco
Listing Agency: Keller Williams Realty
Listed By: Craig Pelsue · License #10401325556
Added: Sep 14 Changed: Oct 28 Last Checked: Oct 30 at 8:06AM
MLS# 1050490

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The offering comprises three parcels and multiple buildings totaling over 27,000 SF at 245, 247, and 249 Broadway, along with 242 Ann Street. The lower level and first floor are leased, while approximately 7,000 SF on the second floor is vacant. Brick and stucco construction is served by public water and public sewer, with baseboard and forced-air heating plus central air and zoned cooling.

The second-floor area may support residential apartments and an additional floor subject to approvals. The property carries BC zoning and includes basement space, providing a multi-level configuration for continued commercial use and potential redevelopment planning.

Key Highlights

  • Three parcels and buildings totaling over 27,000 SF
  • Approximately 7,000 SF vacant on the second floor
  • Lower level and first floor are leased

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Storefront properties

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,905
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
View Realmo Analytics

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - BC-zoned commercial property combines leased lower levels with an available upper floor.
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 totaling over 27,000 SF; Approximately 7,000 SF vacant on the second floor; Lower level and first floor are leased
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