Technical
Financial
Distress signals
Property profile

406 3rd St Newburgh, NY 12550

OFF-MARKET
Retail space
Property ID
US63-6151494
2,113 SF 0.71 ac lot Built 1903
Individually Owned 18-yr Hold Free & Clear
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Property summary

AI-generated overview

The property is located in the West End of Newburgh and consists of a commercial building that has historically been used for business operations for multiple decades. The building has been updated with newer siding, includes a driveway, and features interior improvements. Usable interior space totals approximately 1,500 square feet and is arranged to support retail or service use, including a showroom area, storage, and a prep area. Additional space includes a walk-up attic area for storage and an unfinished basement, along with a detached shed. On-site equipment and fixtures include two large commercial walk-in refrigerators, display showcases, a counter, prep area setup, and shelving.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1903
Total area 2,113 SF
Lot 0.71 ac (30,928 SF)
Zoning code RL
APN 331100 15-4-20
UPID US63-6151494

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Florist

Location

406 3rd St Newburgh, NY 12550-4227
Newburgh metro Census 302 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$370k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$370k

Owner & transaction history

since 2007
1 recorded transaction
2007
$260,000

Zoning & alternative use

RL · Newburgh, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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