Recently Viewed Properties
395-405 Ann Street, Newburgh, NY 12550

$221,000

  • Sold
  • Closed
  • Commercial
395-405 Ann Street, Newburgh, NY 12550 View this property at 395-405 Ann Street, Newburgh, NY 12550
395-405 Ann Street Newburgh NY 12550

Map & Location

Street View

Property Description

Great opportunity to own investment property in high visibility area in City of Newburgh. Corner location, two separate buildings with multiple approved uses. Five units currently rented: two office units in one building, restaurant, soccer shop and auto repair shop in the other. Restaurant has had updates in the past year and includes a small banquet hall for a total of approximately 5500 sq.ft. Auto unit approximately 5000 sq.ft. and includes office space and storage. Potential for residential units in corner unit second floor (needs work) with approvals. This area is currently divided into approximately 14 rooms with 2 incomplete bathroom areas. Additional storage unit on third floor of this building. Freight elevator on site. Separate
building has two separate office units of approximately 800 sq.ft. each and basement. All have access to parking lot which is located between the buildings. Buyer due diligence. Seller makes no representations. Property sold "As Is."

Full Property Details for 395-405 Ann Street

  • Sold For: $221,000
  • Taxes: $29,752 (2015)
  • Status: Closed
  • Type: Commercial
  • MLS ID: 4508727
  • Added: 807 day(s) ago

Property History

  • 395-405 Ann Street, Newburgh, NY
  • Sold at $221,000 on 2/29/16
  • Reduced to $244,900 on 10/23/15
  • Reduced to $269,000 on 7/7/15
  • Reduced to $289,000 on 5/4/15
  • Listed at $299,000 on 3/8/15

Parking

  • Parking Features: Lot Parking, Street Parking

Location

  • County: Orange County
  • Subdivision: None
  • Driving Directions: Route 32 to corner of Ann Street or Rt. 9W north to Ann Street.

School Information

  • School District: Newburgh

Heating & Cooling

  • Cooling Type: Central
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Water Heater: Gas Stand Alone

Utilities

  • Gas: Yes
  • Sewer: Municipal
  • Water: Municipal

Structural Information

  • # Buildings: 2
  • Construction: Frame
  • Elevator: Yes
  • Elevator Desc: Freight
  • Square Feet: 16,226
  • Potential Bldg. Use: Auto Sales, Business, Food Services, Light Industrial, Office, Retail
  • Year Built: 1900

Lot Features

  • Zoning: Commercial
  • Lot Description: Corner Lot, Level

Financial Considerations

  • Assessment Amount: $429,800
  • Tax Amount: $29,752
  • Tax Year: 2015

Disclosures and Reports

  • APN: 331100.034.000-0003-001.000/0000

Listed by Hudson Heritage Realty
Sold by Rand Commercial

What's Your Home Worth?

For a complimentary comparative market analysis, please contact us so we can discuss your home's value.

Your Property Information

Your Contact Information

395-405 Ann Street, Newburgh, NY 12550 (MLS# 4508727) is a Commercial property that was sold at $221,000 on February 29, 2016. Want to learn more about 395-405 Ann Street? Do you have questions about finding other Commercial real estate for sale in Newburgh? You can browse all Newburgh real estate or contact a Coldwell Banker agent to request more information.

Listed by Hudson Heritage Realty
Sold by Rand Commercial