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$585,920

  • Sold
  • Closed
  • Multi-Family
  • 9 Total Beds
See This Home
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See This Home
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*Exceptional Investment Opportunity!* Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. *Key Highlights:* - *Strong Cap Rate*: 10.5%+ potential for high returns on investment - *Renovated Property*: Modern amenities and reduced maintenance costs - *Prime Location*: Scenic views and growth potential in Newburgh's heart - *Income Potential*: 4-unit building with stable rental income potential *Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!

Full Property Details for 163 Chambers St

General

  • Sold For: $585,920
  • Taxes: $8,938
  • Status: Closed
  • Type: Multi-Family
  • Source: Long_Island
  • MLS ID: 893445
  • Added to Site: 176 day(s) ago

Interior

  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 4
  • Full Bathrooms: 4

Bedrooms

  • Total Bedrooms: 9

Location

  • County: Orange County
  • Cross Streets: South Street

School Information

  • High School District: Newburgh
  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
  • High School: Newburgh Free Academy

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Baseboard, Other
  • Heating Zones: 3

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected

Structural Information

  • Detached/Attached: Attached
  • Construction: Brick
  • Building Size: 2880
  • Square Feet: 2,880
  • Year Built: 1890

Lot Features

  • Lot Size (Acres): 0.0574
  • Lot Size (Sq. Ft.): 2,500
  • Fence: Yes
  • Fencing (Description): Back Yard

Financial Considerations

  • Tax Amount: $8,938.69
  • Tenant Pays: Electricity, Gas, Heat, See Remarks

Disclosures and Reports

  • Special Conditions: None
  • Property ID: 331100-018-000-0004-007.000-0000
  • Block: 4
  • Lot Number: 7

Listed by Joseph Polatseck
Sold by RE/MAX Distinguished Hms.&Prop

Listing agent

— 163 Chambers St —

  • Joseph Polatseck

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 163 Chambers St

School District:Newburgh City School District
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 163 Chambers St

Date
Details
Price
Change
Source
11/26/2025
Sold
$585,920
-0.52%
MLS
7/24/2025
Listed
$589,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Joseph Polatseck
Sold by RE/MAX Distinguished Hms.&Prop

163 Chambers Street, Newburgh, NY 12550 (MLS# 893445) is a Multi-Family property that was sold at $585,920 on November 26, 2025. Want to learn more about 163 Chambers Street? Do you have questions about finding other Multi-Family real estate for sale in Newburgh? You can browse all Newburgh real estate or contact a Coldwell Banker agent to request more information.