Two-Unit Duplex with Private
For Sale
$354,000
369 Liberty Street, Newburgh, NY 12550
Both apartments are occupied and offer separate entrances and two-bedroom layouts.
Property Size1,600 SF
Price / SF$221.25
Days on Market43
Property Features for 369 Liberty Street
General Information
Standard status
Active
Size
1,600 SF
Property subtype
Residential Income
Occupancy
100%
Units
Unit Mix
2 x 2BR
Multifamily Units
2
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Annual Taxes
$6,940
Amenities
First Floor Bedroom
Other
Building Details
Building Size
1,600 SF
Year Built
1900
Buildings
1
Units
2
Listing Agency:
ReAttached
Listed By:
Sarah Beckham Hooff · License #KEY44770
(845) 420-8965
Source:
Croninreale
Added: Sep 13
Changed: Oct 23
Last Checked: Oct 23 at 4:01PM
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 ReAttached
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Investment Insights
Based on property information with market context.
This 1,600-square-foot duplex contains two occupied apartments, each with two bedrooms and a private entrance. The units have separate living areas and practical room layouts. The building dates to 1900, and both apartments are described as clean and well maintained. Professional management is in place.
The property may be acquired on its own or as part of a four-building offering with 363, 365, and 367 Liberty Street, comprising eight apartments across the portfolio.
The property may be acquired on its own or as part of a four-building offering with 363, 365, and 367 Liberty Street, comprising eight apartments across the portfolio.
Key Highlights
- Two apartments, each with two bedrooms
- 1,600 square feet in a building constructed in 1900
- Private entrance for each apartment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$31,802
Cap Rate
8.98%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,040
$636.0K
Cap Rate 7%
$454,314
$454.3K
Cap Rate 9%
$353,356
$353.4K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$47.0K $29.40/SF
− Vacancy
−$1.6K −$1.01/SF
EGI
$45.4K $28.39/SF
− OpEx
−$13.6K −$8.52/SF
NOI
$31.8K $19.88/SF
Area
Orange County, NY
Vacancy
3.42%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$636,040
Cap Rate 7%
$454,314
Cap Rate 9%
$353,356
Alternative Uses
Best Use
Multifamily LT 5
$454.3K
$397.5K – $530.0K
NOI $31,802 @ 7.0% cap · market cap 8.98%
Second Best
Apartment 5plus
$427.6K
$374.1K – $498.8K
NOI $29,929 @ 7.0% cap · market cap 8.45%
Theoretical Best
Office A
$541.9K
$474.2K – $632.2K
NOI $37,933 @ 7.0% cap · market cap 10.72%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Lease Details
2
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
772
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Duplex - Both apartments are occupied and offer separate entrances and two-bedroom layouts.
Where is this duplex located?
The property is located at 369 Liberty Street Newburgh, NY.
What is the asking price?
The asking price for this property is $354,000.
What are key features of this property?
This property features: Two apartments, each with two bedrooms; 1,600 square feet in a building constructed in 1900; Private entrance for each apartment
