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$2,600,000 Sale Pending
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Property Description
RARE MIXED-USE PORTFOLIO | FIRST TIME OFFERED | 3 SEPARATE INCOME-PRODUCING PARCELS -- An outstanding opportunity to acquire a long-held, fully occupied portfolio of residential and commercial income-producing properties, now hitting the market for the first time. This offering includes three separate tax parcels, each with unique characteristics and strong cash flow. *Parcel 1: Income-Generating Parking Lot-Approx. 40-car rented lot -Fully leased with consistent monthly income - Low overhead, low maintenance investment. ** Parcel 2: Multi-Use Building with Apartments - Two ground-floor commercial storefronts with established tenants -17 residential apartments above, including a mix of Studios, One-bedroom units and Two-bedroom units. High occupancy and stable rental history. Excellent upside potential with modern upgrades - Below market rents. ***Parcel 3: Historic Mixed-Use Building (The Brewster Hook and Ladder Company firehouse, built in 1862 - now the Newburgh Mercantile, a gift store and framing shop) Charming historic structure featuring a classic stone fireplace façade- Ground floor commercial retail space + two upper-level office suites, fully leased. Three tax parcels offered as a portfolio - Desirable, well-trafficked location -Value-add potential through renovation or redevelopment --Ideal for investors seeking a balanced mix of commercial and residential assets. This is a generational opportunity to secure a highly visible, income-producing asset with historic charm and development upside.
Full Property Details
Full Property Details for 59-61 75-77-79 Broadway
General
- Price: $2,600,000
- Taxes: $47,600
- Status: Pending
- Type: Commercial
- Source: Long_Island
- MLS ID: 861108
- Updated: 3/9/2026
- Added to Site: 373 day(s) ago
Rental Information
- Complex Features: Laundry
Interior
- Flooring: Carpet
Parking
- Total Spaces: 40
- Parking Features: Off Street, Parking Lot, Private
Location
- County: Orange County
School Information
- High School District: Newburgh
- Elementary School: Newburgh
- Middle School: Newburgh
- High School: Newburgh Free Academy
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air, Varies by Unit
- Heating Type: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Structural Information
- Detached/Attached: Attached
- Construction: Brick
- Basement: Yes
- Basement Desc.: Unfinished
- Stories/Levels: 4
- Stories in Building: 4
- Building Size: 29000
- Square Feet: 29,000
- Year Built: 1893
Lot Features
- Property View: Mountain(s)
- Mountain views: Yes
- Lot Size (Acres): 0.71
- Frontage: Municipal
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot, Corner Lot, Historic District, Near Shops
Financial Considerations
- Tax Amount: $47,600
- Tenant Pays: Electricity, Water
Disclosures and Reports
- Special Conditions: None
- Property ID: 331100-037-000-0002-001.000-0000
Listed by RE/MAX Benchmark Realty Group
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Price & Sales History for 59-61 75-77-79 Broadway
Date
Details
Price
Change
Source
6/08/2025
Listed
$2,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Estimate the Cost for 59-61 75-77-79 Broadway
59-61, 75-77-79 Broadway, Newburgh, NY 12550 (MLS# 861108) is a Commercial property. 59-61, 75-77-79 Broadway is currently listed for $2,600,000 and was received on June 08, 2025. Want to learn more about 59-61, 75-77-79 Broadway? 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.
