Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Property profile & analytics

406 3Rd St Newburgh, NY 12550

  • Retail space
  • 2,113 SF
  • 0.71 lot acres
Value Estimation
Location Intelligence
Property ID
US63-6151494
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Foti Flowers At Yuess Gardens / Florist / Gift Basket Store

Property Details for 406 3Rd St

Year built
1903
Lot size
0.71 lot acres
Property size
2,113 SF
Zone code
RL
Property type
Retail space
APN
331100 15-4-20
APU
33110015420

Description

This exceptional Newburgh, NY retail property at 406 3rd St presents a unique investment opportunity. The 2,789 square foot building sits on a 0.71-acre lot and boasts a rich history, having operated as a successful business for over 76 years, previously a prominent greenhouse. The property is offered for sale at $350,000, including the established business and all equipment. The building itself has undergone recent updates, featuring newer siding, interior dГ©cor, and a freshly paved driveway. The well-maintained structure offers 1500 square feet of usable interior space, encompassing a showroom, storage, and preparation areas. Additional storage is available in a walk-up attic and an unfinished basement. A detached shed is also included. The sale includes all existing commercial equipment, such as two large walk-in refrigerators, display cases, counters, a fully equipped prep area, and ample shelving. This turnkey operation is ready for immediate revenue generation, offering a seamless transition for a new owner. The current owner is retiring, presenting a rare chance to acquire a long-standing, profitable business with an established clientele. This is an exceptional opportunity to own a piece of Newburgh's commercial history and capitalize on a thriving business.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $370,000
  • CAP approach

    CAP return
    Estimation
    6%
    $300,000
    6.5%
    $305,000
    7%
    $290,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $310,000
    Geo Method
    $250,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $275,000
    Retail
    $300,000
    Mixed-Use
    $335,000
    Hospitality
    $360,000
    Educational
    $325,000
    Residential Income
    $365,000
    Energy
    $300,000
    Income-Based Land
    $300,000
    Food Service
    $330,000

Location Insight

  • Map
  • Local Demand
City
Newburgh
County
Orange
State
New York
Longitude
-74.0268
Latitude
41.5056
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$219,100
$84,900
$304,000
-
$219,100
$84,900
$304,000
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