2 Liberty St Newburgh, NY 12550-6119
- Investment properties
- 2,550 SF
- 0.06 lot acres
Current Use by Public Records
- O-Reviews Studios / Internet Marketing Service / E Commerce Agency
Property Details for 2 Liberty St
- Year built
- 1890
- Lot size
- 0.06 lot acres
- Property size
- 2,550 SF
- Zone code
- DN
- Property type
- Investment properties
- Property subtype
- Live-work space
- APN
- 331100 46-1-18
- APU
- 33110046118
Description
Discover this exceptional mixed-use property nestled in the heart of Newburgh, NY. Boasting a generous 3,400 square feet, this meticulously renovated gem is a true standout. The complete gut renovation, undertaken just a few years ago, spared no expense, resulting in high-end finishes and brand-new mechanical systems throughout. The property comprises two apartments, a retail storefront, and a sizable backyard on a 0.06-acre lot. The thoughtful design is evident in every detail, showcasing the owner's dedication and commitment to quality. A unique feature is the inclusion of the area behind the building in the sale, offering significant potential. This space could easily accommodate additional parking, a lush garden, or even a future expansion of the existing structure. Located at 2 Liberty Street, this corner property presents a rare opportunity to acquire a turnkey investment or a unique live-work space. Priced at $645,000, this property offers exceptional value and potential for significant return. Don't miss this chance to own a piece of Newburgh's vibrant downtown.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $285,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $315,000
- 6.5%
- $295,000
- 7%
- $315,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $330,000
- Geo Method
- $315,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $310,000
- Retail
- $315,000
- Mixed-Use
- $295,000
- Hospitality
- $335,000
- Educational
- $335,000
- Residential Income
- $270,000
- Energy
- $255,000
- Income-Based Land
- $340,000
- Food Service
- $320,000
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.011
- Latitude
- 41.4946
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA