Here is an interesting home that has just come on the market on Grand Street, a block with a lot of potential. There a few interior photos, so I’ll tell you what I know about the block. Two doors to the left, 277 Grand is known as “The Artists and Writers Building.” The new owner has fixed up the property and their family is very involved in exciting ventures in the city like the NewBurgh Food Co Share and Digital Territory. On the other side of the street is the Monell Mansion that is in the final stages of being sold to exciting new tenants. Unfortunately the house to the left, 279 Grand is abandoned last time I checked, but she is a beauty and hopefully won’t remain vacant forever.
The property is being marketed with an on site super and management options. However, the ratio of renters vs. buyers on this block is quite high. It would be ideal if an on site landlord bought this property. For the right buyer with the right intentions, this property is worth a look. If anyone knows any useful information on the property, please comment below.
281 Grand St Newburgh NY (Listed by owner)
Asking Price: $250,000
Year Built: N/A
Size: 3,049 sq ft
Distance to NYC: 58.1 mi, 1 hour 9 mins
Public Transportation: MetroNorth to Beacon, then take ferry across
Closest Roadways: 9W, I-87, I-84