Newburgh Mixed-Use Building For
For Sale
$695,900
41-43 City Terrace N, Newburgh, NY 12550
Mixed-use building with apartments and open shop in Newburgh.
Property Size9,200 SF
Lot Size0.16 Acres
Price / SF$75.64
Days on Market301
Property Features for 41-43 City Terrace N
General Information
Standard status
Active
Size
9,200 SF
Lot size
0.16 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,000
Amenities
Natural Gas Heating
Building Details
Year Built
1930
Listing Agency:
JOHN J LEASE REALTORS INC
(845) 565-2800
Listed By:
PATRICK CASILLI · License #10401301916
Source:
Corcoran
Added: Oct 15, 2025
Changed: Aug 10
Last Checked: Aug 10 at 3:11AM
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 JOHN J LEASE REALTORS INC
Investment Insights
Based on property information with market context.
Located in the City of Newburgh, 41-43 City Terrace is a mixed-use building featuring approximately 9200 sq. ft. of space. The property includes three apartments on the second floor and a 4,500 sq. ft. open shop on the first floor. The apartments are heated by baseboard heat, with a recently replaced gas burner and water heater. The top floor was newly built out with updated plumbing, framing, and electrical systems. The shop features a large shop garage door for easy access, and a separate entry door provides access to the upstairs apartments. The building is serviced by one gas meter and one electric meter, with the landlord currently covering all expenses. All tenants are on month-to-month arrangements, and the property will be conveyed with tenants in place. Annual taxes are approximately $17,000.
Key Highlights
- Mixed‑use building featuring a spacious 4,500 sq. ft. open shop and three apartments.
- Newly built‑out top floor boasts updated plumbing, framing, and electrical systems.
- Large shop garage door offers easy access to the shop.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
616
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
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use building with apartments and open shop in Newburgh.
Where is this mixed-use property located?
The property is located at 41-43 City Terrace N Newburgh, NY.
What is the asking price?
The asking price for this property is $695,900.
What are key features of this property?
This property features: Mixed‑use building featuring a spacious 4,500 sq. ft. open shop and three apartments.; Newly built‑out top floor boasts updated plumbing, framing, and electrical systems.; Large shop garage door offers easy access to the shop.
