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Brick Triplex with Updated Interiors
For Sale
$465,000
Pending

85 City Terrace, Newburgh, NY 12550

Residential Income, Newburgh, NY

Property SizeContact for details
Lot Size0.06 Acres
Days on Market559

Property Features for 85 City Terrace

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 6
Bathrooms 3
Full bathrooms 3
Rooms Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 3, Basement, Bedroom 4, Bedroom 6, Bedroom 1
Parking features On Street
Patio and Porch features Porch
Interior features High Ceilings
Basement Walk-Out Access, Full, Unfinished
Lot features Back Yard
Elementary school Newburgh
Middle school Newburgh
High school Newburgh Free Academy
Elementary school district Newburgh
Middle school district Newburgh
High school district Newburgh
Directions Broadway to 9W North, make a right on Third Street, then a right on City Terrace.
Standard status Pending
APN 331100-022-000-0002-022.000-0000
Lot size 0.06 Acres

Taxes and HOA fees

Tax Year 2024
Tax Annual Amount 7844

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Water source Public

Building Details

Year built 1890
Number of units 3
Flooring type Vinyl
Building materials Block, Brick
Architectural style Other
Listing Agency: Gillespie Real Estate LLC
Listed By: Jodi M Gillespie · License #10491211515
Added: Mar 10, 2025 Changed: Sep 18 Last Checked: Sep 19 at 9:06PM
MLS# 830475

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 brick triplex contains three separate residential units within a 1890-built property. The interiors include renovated kitchens and bathrooms, new flooring throughout, high ceilings, and some updated plumbing and water heating systems. A basement, porch, natural-gas heating, and vinyl flooring are also included. The roof is reported as 2 years old.

The property occupies 0.0574 acres at 85 City Terrace in Newburgh, NY 12550. Public water and public sewer serve the building, while parking is available on the street. Block and brick construction complete the primary structural profile.

Key Highlights

  • Three separate residential units
  • Brick and block construction in a 1890‑built property
  • Renovated kitchens and bathrooms

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Home Appliance Store Real Estate Agency Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Catering Service

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

3
Residential units

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three separate units feature refreshed kitchens, bathrooms, and flooring, with public water and sewer service.
Where is this triplex located?
The property is located at 85 City Terrace Newburgh, NY.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: Three separate residential units; Brick and block construction in a 1890‑built property; Renovated kitchens and bathrooms
More about this property
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