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Historic 4-Unit Mixed-Use Building
New
For Sale
$849,000

98 Grand St, Newburgh, NY 12550

Brick multifamily property with apartments above a separately accessed office suite.

Property Size4,736 SF
Price / SF$849
Days on Market7

Property Features for 98 Grand St

General Information

Standard status Active
Size 4,736 SF
Property subtype Investment

Additional Details

Floor Lower Level
Office Units 1

Taxes and HOA fees

Annual Taxes $16,664

Building Details

Building Size 4,736 SF
Year Built 1870
Buildings 1
Units 4
Construction brick
Listing Agency: VORO LLC
Listed By: Rosemary Lee · License #10401267992
Source: Elliman
Added: Aug 26 Changed: Aug 30 Last Checked: Aug 31 at 5:48PM

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 VORO LLC

Investment Insights

Based on property information with market context.

This brick mixed-use property contains four residential units and a separately accessed lower-level office suite. The second and third floors each include a one-bedroom apartment, while the first floor offers a two-bedroom apartment with an open layout and an original front window. Apartment kitchens and bathrooms on the upper floors have Hudson River views, and a coin-operated washer and dryer is located on the second floor.

The lower level provides a 1,000-square-foot office area with its own entrance, shower, bathroom, recently installed HVAC system, and access to an internal courtyard. Built in 1870, the building retains architectural elements associated with its earlier residential and civic history, including a distinctive front window and a former library connection now incorporated into the interior. The property is at 98 Grand St in Newburgh, a short distance from Broadway, Liberty St, and the Hudson River waterfront.

Key Highlights

  • Four‑unit brick mixed‑use building with three apartments and a separate office area
  • Two 1‑bedroom apartments occupy the second and third floors
  • First‑floor apartment includes 2 bedrooms, an open plan, and an original front window

Property Analytics

Current Use

Ecclesia Ministries-Newburgh Church

Suggested Use

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

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
Office units

Location Intelligence

Trade Area within ½ mile

1,356
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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Brick multifamily property with apartments above a separately accessed office suite.
Where is this mixed-use property located?
The property is located at 98 Grand St Newburgh, NY.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: Four‑unit brick mixed‑use building with three apartments and a separate office area; Two 1‑bedroom apartments occupy the second and third floors; First‑floor apartment includes 2 bedrooms, an open plan, and an original front window
More about this property
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