160 Van Ness Street, Newburgh, NY 12550
$340,000
0 BedroomBedrooms
0.0 BathroomBathrooms
0 Full BathroomFull Bathrooms
0 Half BathroomHalf Bathrooms
Sqft
Sold on 6/13/2024

160 Van Ness Street, Newburgh, NY 12550

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Sold Price $340,000

0 BedroomBedrooms
0.0 BathroomBathrooms
Sqft
Commercial
Sold
MLS/ID# H6279613
Sold on 6/13/2024

Price Reduced

Property Info
Community
Map

160 Van Ness Street, Newburgh, NY 12550: BRING YOUR BUSINESS and have additional income in this mixed use property in up and coming City of Newburgh, NY. This property offers a currently owner occupied one level office building of approximately 900 square feet with bathroom and unfinished basement plus a separate 3 family rental property that is fully occupied with leases in effect through May and Nov 2024. Gross rents are $57,600/Expenses $23,401 for net operating income of $34,199. Mechanicals are in good condition/office boiler is new. Tenants pay heat and electric and each have separate boilers and electrical meters. Landlord pays for water, hot water, sewer, and garbage. Apartments are natural gas, office building runs on oil. Municipal water and sewer. Ample parking in front of office (6 spaces) plus street parking and parking lot a few steps away. 48 Hours notice required for showings due need to inform tenants. This is a fantastic opportunity to stop paying rent on your business and have passive income to boot!

Property Information for 160 Van Ness Street, Newburgh, NY 12550

Days on Market:

Last Updated: Tuesday, February 4, 2025 7:00 PM

Listing Courtesy of Corcoran Baer & McIntosh , 845-987-2000
Amy Coccia Wilhelm

MLSH6279613
Zip Code12550
TypeCommercial
HeatingNatural Gas, Oil, Baseboard
CoolingWindow Unit(s)
SewerPublic Sewer
Year Built1970

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Listing courtesy of: Amy Coccia Wilhelm, Corcoran Baer & McIntosh

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