Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Loft Art Studio Space Title is generated by Realmo AI

    46 Chambers Street, Newburgh, NY 12550

    View on Map
    Claim this Listing
    For Lease
    $850/Mo $21 SF/Yr (calc)

    Third-floor art studio in renovated loft building, utilities included.

    Type:Commercial
    Property size:
    472 SF
    Lot size:
    0.18 Acres
    Added:
    Dec 9, 2025
    Days on Market:
    178
    Last Refresh:
    Apr 5 at 11:33 pm

    Property Features for 46 Chambers Street

    General Information

    Standard status
    Active
    Size
    472 SF
    Lot size
    0.18 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    ANDRES SANTIAGO

    Listing agent ANDRES SANTIAGO

    Listing office REATTACHED

    Listing date Dec 9, 2025

    Source Corcoran

    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

    HighLights

    • All utilities included in rent
    • 3rd floor art studio in renovated loft building
    • Enjoy the spaciousness of 14‑foot vaulted ceilings
    • Hardwood floors throughout
    • Large windows providing ample natural light
    • Shared courtyard

    Overview

    Located in a renovated loft building, this third-floor art studio offers a creative workspace. The studio features hardwood floors and 14-foot vaulted ceilings. Updated ductwork provides heat. Large windows illuminate the space. The studio's dimensions are 21 feet by 22.5 feet. A shared bathroom and courtyard are available. The rent includes all utilities. The building houses several multi-media artists, fostering an inspiring atmosphere for creativity. Note that this space is not for residential use.
    Property Profile Location Intelligence

    Current Use by Public Records

    Holland Tunnel Gallery Art Gallery The Third Rooom Art Studio

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0114
    Latitude
    41.5018

    Nearby Similar for Lease

    • $1,800/Mo
      1,500 SF

      Medical Office Suite with Exam Rooms

      Ground-level 9-room suite with multiple exam rooms, reception, and private bathroom, suited for medical or wellness practices.
      347 Fullerton, Newburgh, NY 12550
      View Details
    • $700/Mo

      Ground-Level Office Suite with Elevator

      Renovated ground-level office suite with elevator and handicap access, suited for medical, professional, or administrative use.
      313 Fullerton Avenue, Newburgh, NY 12550
      View Details
    • $700/Mo

      Ground-Level Medical Office Suite

      Renovated suite with elevator access, accessible ramp, and a private heating and air mini-split system.
      313 Fullerton Avenue, Newburgh, NY 12550
      View Details
    • $1,650/Mo
      852 SF

      Newburgh Commercial Space For Lease

      Turnkey commercial space in Newburgh's thriving historic district.
      41 Liberty Street, Newburgh, NY 12550
      View Details
    • $950/Mo

      Second-Floor Office Suite

      Second-floor professional office suite with three private rooms and shared restroom, with interior stair access.
      231 S Plank, Newburgh, NY 12550
      View Details
    • $2,200/Mo
      1,600 SF

      Newburgh Commercial Space For Rent

      1600 sq ft commercial space available in Newburgh, NY.
      5109 Route 9W, Newburgh, NY 12550
      View Details
    • $12 SF/Yr
      2,500 SF

      Newburgh Class A Office Space

      Class A office space in a highly visible location.
      5020 US ROUTE 9W, Newburgh, NY 12550
      View Details
    • $4,500/Mo
      6,900 SF

      Newburgh Commercial Space on Broadway

      Large open space suitable for retail, office, or professional services.
      245 Broadway, Newburgh, NY 12550
      View Details
    • $550/Mo

      Newburgh Executive Offices For Rent

      Executive offices for rent with utilities included and flexible terms.
      5020 Route 9W, Newburgh, NY 12550
      View Details
    • $3,000/Mo
      2,600 SF

      Prime Commercial Building on Broadway

      Free-standing commercial building with parking on a main thoroughfare.
      717 Broadway, Newburgh, NY 12550
      View Details
    • $1,250/Mo
      300 SF

      Affordable Storefront in Newburgh

      Neighborhood storefront for lease in Newburgh, approximately 300 sqft.
      72 Wisner Ave STORE FRONT, Newburgh, NY 12550
      View Details
    • $1,950/Mo
      2,400 SF

      Newburgh Work/Live Creative Space

      Third-floor work/live space with 1900s charm in Newburgh.
      119 Broadway, Newburgh, NY 12550
      View Details

    FAQs

    What type of property is this?
    Creative space - Third-floor art studio in renovated loft building, utilities included.
    Where is this creative space located?
    The property is located at 46 Chambers Street Newburgh, NY.
    What is the lease rate?
    The lease rate is $850 /Mo.
    What are key features of this property?
    This property features: All utilities included in rent; 3rd floor art studio in renovated loft building; Enjoy the spaciousness of **14‑foot vaulted ceilings**
    (845) 420-8965
    We can help!
    Listing Contact
    ANDRES SANTIAGO
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    46 Chambers Street, Newburgh, NY 12550
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!