415 Grand St - Apartments FOR SALE


Newburgh, NY 12550
$895,000 USD
845-542-4655
415 Grand St, Newburgh, NY for Sale
$895,000 USD
Apartments - FOR SALE
1/20
null | 7.49% Cap Rate

415 Grand St
Newburgh, NY 12550


HIGHLIGHTS

  • Strong historic character and architectural style
  • Significant rental income potential
  • River views and desirable location

OVERVIEW

A rare opportunity to own a stately four-unit historic brownstone in the heart of Newburgh’s celebrated East End Historic District. Constructed during the city’s golden architectural era, this commanding property showcases classic period details — high ceilings, grand proportions, and original craftsmanship — while offering the scale and layout modern investors seek. Spanning approximately 4,754 square feet, the building is configured as four spacious residential units with additional income from basement storage and garage rental. The current income profile provides a strong foundation with clear upside through thoughtful unit enhancements, rent optimization, and continued neighborhood appreciation. Set along one of Newburgh’s most iconic streets, 415 Grand Street benefits from Hudson River views, proximity to the waterfront, ferry to Beacon, Mount St. Mary College, and Downing Park, and quick access to Metro-North and I-84, making it highly desirable for both long-term tenants and future owner-occupants. Newburgh’s East End has experienced steady momentum driven by historic preservation, private investment, and lifestyle-driven migration from NYC — positioning this asset as both a cash-flowing investment today and a long-term appreciation play. Whether you are a seasoned investor, a portfolio builder, or a buyer seeking a flagship historic asset with income, 415 Grand Street represents scale, character, and upside in one of the Hudson Valley’s most compelling markets.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$448 USD /SF

# OF UNITS

4

PRICE/UNIT

$223,750

CAP RATE

7.49%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,331 SF

ZONING

RL

APN/PARCEL ID

331100-004-000-0010-011.100-0000

ASK ABOUT THIS PROPERTY

Jake PonessiRE/MAX Benchmark Realty GroupMore Info
845-542-4655

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Jake PonessiRE/MAX Benchmark Realty GroupMore Info
845-542-4655

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.