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$465,000 Sale Pending
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Property Description
Discover this beautifully maintained brick 3 family home, offering both comfort and income potential. Three separate units, each thoughtfully designed for homeowners and investors alike. Recently renovated kitchen and bathrooms with contemporary finishes. New elegant and durable flooring throughout, adding warmth and character. Some new plumbing and water heating systems. As per owner roof is 2 years old. With a strong rental income opportunity, this home is perfect for an investor seeking cash flow or a homeowner looking to offset mortgage costs with rental income.
Full Property Details
Full Property Details for 85 City Terrace
General
- Price: $465,000
- Taxes: $7,843
- Status: Pending
- Type: Multi-Family
- Source: Long_Island
- MLS ID: 830475
- Updated: 5/22/2025
- Added to Site: 313 day(s) ago
Interior
- Interior Features: High Ceilings
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 3
Bedrooms
- Total Bedrooms: 6
Exterior
- Porch/Patio/Deck: Porch
Parking
- Parking Features: On Street
Location
- County: Orange County
- Cross Streets: 3rd Street
- Driving Directions: Broadway to 9W North, make a right on Third Street, then a right on City Terrace.
School Information
- High School District: Newburgh
- Elementary School: Newburgh
- Middle School: Newburgh
- High School: Newburgh Free Academy
Heating & Cooling
- Cooling Type: None
- Heating Type: Natural Gas, See Remarks
- 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: Block, Brick
- Basement: Yes
- Basement Desc.: Full Basement, Unfinished, Walk-Out Access
- Unfinished Attic: Yes
- Building Size: 2522
- Square Feet: 2,522
- Year Built: 1890
Lot Features
- Lot Size (Acres): 0.0574
- Lot Size (Sq. Ft.): 2,500
- Road Maintenance: Public Maintained Road
- Lot Features: Back Yard
Financial Considerations
- Tax Amount: $7,843.98
- Tenant Pays: Electricity
Disclosures and Reports
- Special Conditions: None
- Property ID: 331100-022-000-0002-022.000-0000
Listed by Gillespie Real Estate LLC
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Schools
Schools serving 85 City Terrace
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 85 City Terrace
Date
Details
Price
Change
Source
3/10/2025
Listed
$465,000
257.69%
MLS
4/19/2018
Sold
$130,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 85 City Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2021
100%
$251,900
10%
2021
100%
$229,000
11%
2021
-100%
$205,800
20%
2021
$6,429
—
$171,500
18%
2021
$6,429
-8%
$145,300
22%
2020
$6,962
153%
$118,700
10%
2018
$2,750
-44%
$107,900
12%
2017
$4,879
-1%
$96,200
1%
2016
$4,945
-9%
$95,600
-8%
2015
$5,453
2%
$103,900
—
2015
$5,346
-11%
$103,900
-10%
2013
$5,988
—
$115,400
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 85 City Terrace
85 City Terrace, Newburgh, NY 12550 (MLS# 830475) is a Multi-Family property with 3 units containing 6 bedrooms and 3 full bathrooms. 85 City Terrace is currently listed for $465,000 and was received on March 10, 2025. Want to learn more about 85 City Terrace? 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.
