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Two-Building 9-Unit Apartment Property
New
For Sale
$1,200,000

26 Crest Rd, Newburgh, NY 12550

Fully rented multifamily asset with flexibility for an owner-occupant.

Property Size8,733 SF
Days on Market7

Property Features for 26 Crest Rd

General Information

Standard status Active
Size 8,733 SF
Property subtype Commercial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $22,197

Building Details

Building Size 8,733 SF
Year Built 1938
Buildings 2
Units 9
Listing Agency: CENTURY 21 ALLIANCE RLTY GROUP
Listed By: Anthony DeGelormo
Source: Elliman
Added: Aug 25 Changed: Aug 30 Last Checked: Aug 22 at 5:10AM

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 CENTURY 21 ALLIANCE RLTY GROUP

Investment Insights

Based on property information with market context.

This multifamily property includes two separate buildings with nine apartments in total. The first building contains seven units, while the second adds two more, creating a compact residential income configuration across the site. The property is currently fully rented, providing an established operating setup for a purchaser.

An owner-occupant may also use one unit as a residence while retaining the remaining apartments as rental units. This arrangement supports a combination of personal occupancy and ongoing rental activity within the same property. The asset is located at 26 Crest Rd in Newburgh, New York.

Key Highlights

  • Two buildings with 9 total apartment units
  • Unit distribution includes 7 apartments in one building and 2 in the other
  • Currently fully rented

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Dental Office Real Estate Agency Law Firm Auto Parts Store Building Supply Plumbing Service

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

Lease Details

100%
Occupancy

Location Intelligence

Trade Area within ½ mile

110
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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully rented multifamily asset with flexibility for an owner-occupant.
Where is this apartment building located?
The property is located at 26 Crest Rd Newburgh, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Two buildings with 9 total apartment units; Unit distribution includes 7 apartments in one building and 2 in the other; Currently fully rented
More about this property
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