Mixed-Use Retail and
402 Broadway Newburgh, NY 12550
402 Broadway, Newburgh, NY, 12550
$549,999
Pending
For Sale
$549,999
Pending
SINGLE_FAMILY - Newburgh, NY
Property Size3,400 SF
Lot Size0.06 Acres
Days on Market60
Property Features for 402 Broadway
General Information
- Property type
- Residential
- Property subtype
- Retail
- Zoning
- BC
- Rooms
- Basement
- Parking features
- On Street
- Basement
- Unfinished
- Appliances
- Gas Oven, Refrigerator
- Standard status
- Pending
- APN
- 331100-028-000-0003-030.130-0000
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 12196
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas
- Water source
- Public
Building Details
- Year built
- 1910
- Floors in Building
- 2
- Number of units
- 3
- Flooring type
- Linoleum, Tile
- Building materials
- Brick
Listing Agency
Keller Williams Realty
(845) 928-8000
69 Brookside Ave. Ste 225, Chester, NY
Listed by
Richard Baxter · License #10401254733
(845) 494-4715
Added: May 19 Checked: Jul 17 at 8:06 pm
MLS# 1001898
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.
Investment Insights
Based on property information with market context.
This classic brick mixed-use property includes a ground-floor retail and commercial space and a second-floor residential component. The front retail area features terrazzo-style flooring and large glass bakery display windows, with a coffee/espresso station and a seating area. From the storefront, the space opens to a large rear commercial kitchen and prep area with heavy-duty utility infrastructure, walk-in refrigeration capability, and an unfinished basement for storage.
The second floor has two separate two-bedroom apartments, accessed via a private stairwell with a glass-paned door. Both apartments are radiator-heated and include natural light, ceiling fans, and eat-in kitchens with white cabinetry, double basin sinks, and gas ranges.
Situated in the City of Newburgh, the property is located on Broadway and is described as being a short distance from the Hudson River waterfront. The listing notes convenient business, commuting, shipping, and customer access due to proximity to the Route 9W and Route 32 intersections.
The second floor has two separate two-bedroom apartments, accessed via a private stairwell with a glass-paned door. Both apartments are radiator-heated and include natural light, ceiling fans, and eat-in kitchens with white cabinetry, double basin sinks, and gas ranges.
Situated in the City of Newburgh, the property is located on Broadway and is described as being a short distance from the Hudson River waterfront. The listing notes convenient business, commuting, shipping, and customer access due to proximity to the Route 9W and Route 32 intersections.
Key Highlights
- Classic brick mixed‑use building with 2,400 SF ground‑floor retail/commercial space and a large rear commercial kitchen and prep area
- Includes two separate 2‑bedroom apartments on the second floor totaling approximately 1,000 SF, each with radiator heat
- Features public utilities: public water and public sewer, with heating provided by natural gas
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $61.2k | $18.00 |
| − Vacancy | −$2.1k | −$0.61 |
| EGI | $59.1k | $17.39 |
| − OpEx | −$17.7k | −$5.22 |
| NOI | $41.4k | $12.17 |
3,400 SF · lease $18.00/SF/yr · vacancy 3.40% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$965.4K
$844.7K – $1.13M
NOI $67,579 @ 7.0% cap · market cap 12.29%
Second Best
Apartment 5plus
$908.6K
$795.0K – $1.06M
NOI $63,599 @ 7.0% cap · market cap 11.56%
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M
NOI $80,608 @ 7.0% cap · market cap 14.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Brick mixed-use building with ground-floor retail and a second-floor residential rental component.
Where is this mixed-use property located?
The property is located at 402 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $549,999.
What are key features of this property?
This property features: Classic brick mixed‑use building with 2,400 SF ground‑floor retail/commercial space and a large rear commercial kitchen and prep area; Includes two separate 2‑bedroom apartments on the second floor totaling approximately 1,000 SF, each with radiator heat; Features public utilities: public water and public sewer, with heating provided by natural gas
