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Mixed-Use Building with Open Shop
For Sale
$695,900

41-43 City Terrace N, Newburgh, NY 12550

Commercial Sale, Newburgh, NY

Property Size9,200 SF
Lot Size0.16 Acres
Price / SF$75.64
Days on Market317

Property Features for 41-43 City Terrace N

General Information

Property type Commercial Sale
Property subtype Other
Zoning comm
View City
Standard status Active
APN 331100-029-000-0004-012.000-0000
Lot size 0.16 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 17000

Utilities

Utilities Cable Available
Sewer type Public Sewer
Heating system Natural Gas
Cooling system Multi Units
Water source Public

Building Details

Year built 1930
Floors in Building 2
Number of units 4
Building materials Block, Brick
Listing Agency: John J Lease REALTORS Inc
Listed By: Patrick Casilli · License #10401301916
Added: Oct 9, 2025 Changed: Aug 19 Last Checked: Aug 21 at 4:06PM
MLS# 918146

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 mixed-use building combines a 4,500-square-foot open shop on the first floor with three apartments above. The commercial level includes a large garage door for shop access, while a separate entrance serves the residential units. The apartments use baseboard heat, and the property has a recently replaced gas burner and water heater.

The upper level was newly built out with updated plumbing, framing, and electrical systems. All tenants occupy the property under month-to-month arrangements, and the building will transfer with tenants in place. Constructed in 1930, the property is served by natural gas, public water, and public sewer, with block and brick construction.

Key Highlights

  • 4,500‑square‑foot open first‑floor shop
  • Three second‑floor apartments
  • Large shop garage door and separate apartment entrance

Property Analytics

Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Nursing Home 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.

Lease Details

1
Drive-in doors
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,687
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Three upstairs apartments accompany an open commercial shop with dedicated access and month-to-month occupants.
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: 4,500‑square‑foot open first‑floor shop; Three second‑floor apartments; Large shop garage door and separate apartment entrance
More about this property
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