45 Grand St Newburgh, NY 12550
Property profile & analytics
45 Grand St, Newburgh, NY 12550
- Office buildings
- 7,160 SF
- 0.13 lot acres
Property ID
US63-3426220
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.
Location Intelligence
Current Use by Public Records
- Office buildings
Property Details for 45 Grand St
- Year built
- 1932
- Lot size
- 0.13 lot acres
- Zone code
- DN
- Property type
- Office buildings
- APN
- 331100 31-1-11.1
- APU
- 331100311111
Description
This exceptional 8,920 square foot office building presents a rare investment opportunity in Newburgh, NY's Liberty/Grand Street Heritage Corridor. Formerly a bank, this stunning property boasts soaring ceiling heights, elegant marble and granite interiors, and a wealth of character. The current layout includes 17 individual offices, a dedicated conference room, a convenient kitchen, and a second-floor balcony offering captivating street views. A full basement provides ample storage space. The building benefits from designated parking at the corner of Grand Street and Broadway, ensuring convenient access for staff and clients. Its prime location offers walkability to a variety of restaurants, City Hall, and SUNY Orange Community College, enhancing its appeal and potential for high occupancy. The property is currently configured for office use but could be adapted to suit a variety of commercial needs. The asking price is $1,750,000, and creative seller financing is available. This is an exceptional opportunity to acquire a landmark building in a thriving urban setting. The building's unique history and prime location make it an ideal investment for discerning buyers seeking a high-return property with significant potential for appreciation. Consider the possibilities this remarkable building offers.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $930,000
- ML approach
- $980,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $698,000
Market price range: $224k - $1.06M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $1,360,000 Current use
- RETAIL STORES
- $1,475,000 Change: +8% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $1,195,000 Change: -12% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.01
- Latitude
- 41.5007
- 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
$88,900
$699,100
$788,000
-
$88,900
$699,100
$788,000
