Realmo Analytics
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Property summary
This three-unit apartment building presents a compelling value-add investment opportunity in Newburgh, NY's desirable Washington Heights neighborhood. Situated on a corner lot (0.057 acres) and boasting classic Victorian architecture, the property offers three parking spaces. The building, a partially renovated 1940s structure, features three distinct units: a three-bedroom, one-bathroom unit with a bonus room on the third floor; a two-bedroom, one-bathroom unit on the second floor; and a… one-bedroom, one-bathroom unit on the first floor. Extensive renovations have already been completed, encompassing new underground plumbing, a recoated roof with new flashing, skim-coated and painted walls and ceilings, and the restoration of original architectural details such as double entry doors, staircases, and floors. The property includes new main entry stairs. Remaining work includes completing the ground floor (pouring the slab, installing walls, kitchen, bath, and electrical), and finishing the second and third floors (installing kitchens, bathrooms, and a new riser). Included in the sale are plumbing and bath fixtures (excluding two toilets), most of the necessary PVC pipe, a custom eight-foot glass and wood exterior door, and various other building materials. The projected annual net operating income is $78,600, based on a pro forma of $6,550 monthly rent after completion, yielding an 8.3% capitalization rate. The property's location is exceptional, just half a block from "The Bluff" with partial river views, one block from the Liberty Street corridor with new shops and restaurants, and two blocks from the planned PS6 Center for Film & TV. Its proximity to the Hudson River waterfront and easy access to I-84 and I-87 make it highly attractive. The asking price is $435,000, with a price per unit of $145,000 and a price per square foot of $243.29. The property is currently vacant. The permitted zoning is RL. This is a rare chance to acquire a partially renovated multi-family property in a rapidly developing area with significant upside potential.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax
No data for this sectionNo tax or assessment record is on file for this parcel in the county feed.
Value estimate
· Oct 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
No data for this sectionNo zoning code is on file for this parcel. Coverage grows with every catalog release.
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
10 properties nearbyComparable nearby
Similar Nearby for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 1,788 SF
- Lot area
- 0.06 ac
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
Rey answers here. ChatGPT, Grok and Claude get the same data packet.
Includes: Price & PSF · Cap rate · Location · Zoning
Our comps and market reports get this label in your Google results.
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- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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