110 Liberty St Newburgh, NY 12550-5629
- Investment properties
- 1,826 SF
- 0.05 lot acres
Current Use by Public Records
- Vinspiration / Clothes Market
- M. Lewis Lifestyle Boutique / General Store
Property Details for 110 Liberty St
- Year built
- 1900
- Lot size
- 0.05 lot acres
- Property size
- 1,826 SF
- Zone code
- DN
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 331100 37-8-16
- APU
- 33110037816
Description
This exceptional mixed-use property at 110 Liberty Street in Newburgh, NY, presents a compelling investment opportunity. The building boasts three units: two updated one-bedroom, one-bathroom apartments, and a large, newly renovated storefront. The apartments are fully occupied by long-term tenants, ensuring immediate cash flow. The storefront, currently owner-occupied, will be delivered vacant, offering flexibility for a new business or additional rental income. The building showcases original 1900s plumbing signage, exposed brick, high ceilings, and hardwood floors throughout. Recent upgrades include a new roof, ductless AC/heat systems, and energy-efficient heating and hot water units. A unique private backyard adds to the property's appeal. Located on a desirable block, the property is conveniently situated near restaurants, cafes, and the waterfront, with easy access to the ferry and train to NYC. Tenants are responsible for their own gas and electric. The asking price is $550,000. This is a rare opportunity to acquire a well-maintained, income-producing property in a thriving New York City suburb. The unfinished attic space offers potential for expansion or additional living space. The storefront comprises three large spaces and two half-bathrooms. Don't miss this chance to own a piece of Newburgh's rich history and vibrant future.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $300,000
- 6.5%
- $305,000
- 7%
- $305,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $310,000
- Geo Method
- $310,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $255,000
- Retail
- $255,000
- Mixed-Use
- $245,000
- Hospitality
- $245,000
- Educational
- $235,000
- Residential Income
- $275,000
- Energy
- $265,000
- Income-Based Land
- $310,000
- Food Service
- $250,000
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0105
- Latitude
- 41.4987
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
