Mixed-Use Portfolio: Income-Producing
For Sale
$2,600,000
59-61 75-77-79 Broadway, Newburgh, NY 12550
Rare mixed-use portfolio with residential and commercial income-producing properties.
Property SizeContact for details
Days on Market451
Property Features for 59-61 75-77-79 Broadway
General Information
Standard status
Active
Taxes and HOA fees
Annual Taxes
$47,600
Building Details
Year Built
1893
Listing Agency:
RE/MAX BENCHMARK REALTY GROUP
(845) 728-9940
Listed By:
LYRA BLUMENTHAL · License #10301201617
Source:
Corcoran
Added: Jun 8, 2025
Changed: Mar 16
Last Checked: Jul 8 at 4:53AM
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 RE/MAX BENCHMARK REALTY GROUP
Investment Insights
Based on property information with market context.
This offering presents a rare opportunity to acquire a fully occupied portfolio of residential and commercial income-producing properties, available for the first time. The portfolio comprises three separate tax parcels, each with distinct characteristics and strong cash flow. One parcel features an income-generating parking lot with approximately 40 car spaces, fully leased and providing consistent monthly income with low overhead and maintenance. Another parcel includes a multi-use building with two ground-floor commercial storefronts with established tenants and 17 residential apartments above, offering a mix of studios, one-bedroom, and two-bedroom units. This building maintains high occupancy and a stable rental history, with potential for modernization and rental upside. The third parcel is a historic mixed-use building, originally built in 1862 as the Brewster Hook and Ladder Company firehouse. Currently operating as a gift store and framing shop (Newburgh Mercantile), this charming structure features a classic stone fireplace façade, ground floor commercial retail space, and two fully leased upper-level office suites. The properties are located in a desirable, well-trafficked location and offer value-add potential through renovation or redevelopment. This portfolio is ideal for investors seeking a balanced mix of commercial and residential assets, presenting a generational opportunity to secure a highly visible, income-producing asset with historic charm and development upside.
Key Highlights
- Rare mixed‑use portfolio offered for the first time, including 3 separate income‑producing parcels.
- Fully occupied with consistent monthly income from a parking lot, multi‑use building with apartments and commercial space, and a historic mixed‑use building.
- Multi‑use building features 17 residential apartments and two ground‑floor commercial storefronts with established tenants.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,369
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 - Rare mixed-use portfolio with residential and commercial income-producing properties.
Where is this mixed-use property located?
The property is located at 59-61 75-77-79 Broadway Newburgh, NY.
What is the asking price?
The asking price for this property is $2,600,000.
What are key features of this property?
This property features: Rare mixed‑use portfolio offered for the first time, including 3 separate income‑producing parcels.; Fully occupied with consistent monthly income from a parking lot, multi‑use building with apartments and commercial space, and a historic mixed‑use building.; Multi‑use building features 17 residential apartments and two ground‑floor commercial storefronts with established tenants.
