This whole block of 5 buildings on South Street between Liberty and Chambers Streets is for sale. A previous deal has fallen through and they are back on the market. I thought it was a good time to share these properties now.
These buildings are being sold individually although the most impactful development of these properties might be as a group. Newburgh isn’t like other Hudson Valley cities or towns with just one main commercial thoroughfare. This example at South Street shows the various commercial corridors that can be found in the City of Newburgh. Most people focus on the residential income potential but the 5 storefronts could use thoughtful placemaking development that would uplift and benefit the community. They are located right off the northern end of Liberty Street. A few projects and properties to watch that can speed the momentum of development of this area are: Weigand’s Tavern, the Girdle Factory, 307 and 315 Liberty Street, and others that are for sale.
This isn’t the easiest corner in Newburgh, but this property has potential. It’s located just one block north of Broadway at the corner of Johnston Street. There is backyard parking, and the entire side garden comes with the purchase which, has many possibilities. As you can see the storefront is closed up. Ideally it would be opened back up again and used for a commercial or retail purpose. Granted, this isn’t the most traversed sidewalk so it might work well as an office or studio.
170 1st Street Newburgh NY (Rebecca A Faubert, RE/MAX) Asking Price: $209,000 Year Built: 1900 Size: 3,368 sq ft Neighborhood: NoBro Taxes: $5,489 Distance to NYC: 55.7 mi, 1 hr 2 mins Public Transportation: MetroNorth to Beacon, then take ferry across Closest Roadways: 9W, I-87, I-84 Google Map
This property is located just one block up from Broadway. It’s a very rough area. Most of the surrounding buildings are vacant, abandoned, or boarded up. Although it looks scary, I like the potential these quirky buildings have. If neighborhood revitalization can reach this area, there are mixed use possibilities with these buildings. You could wonder off Broadway to find small shops off the beaten path – something that makes cities feel quaint and unpredictable. It’s a quality that draws us to many major cities, and it’s here in Newburgh. It’ll happen, it’s just going to take time.
18 City Terrace Newburgh NY¬†(Brian Smith, River Realty) Asking Price: $32,900 (Foreclosure) Year Built: 1905 Size: 4,033 sq ft Neighborhood: NoBro Taxes: $6,661 Distance to NYC: 55.7 mi, 1 hr 2 mins Public Transportation: MetroNorth to Beacon, then take ferry across Closest Roadways: 9W, I-87, I-84 Google Map
A few years back I featured this home on a Rescue Me post. It’s on the market now, listed even higher than the $150,000 it was listed at before. It’s quite a lot of money for a building that is probably a shell, and there are no interior photos to prove otherwise. The low taxes are also a tell to the condition. This is also a rough location. All that aside, it could be a beautiful home demonstrating Newburgh’s array of architectural potential.
152 3rd Street Newburgh (Rosemary Lee, Apple2Orange Realty) Asking Price: $179,000 Year Built: 1890 Size: 4,200 sq ft Neighborhood: NoBro Taxes: $1,001 Distance to NYC: 55.7 mi, 1 hr 2 mins Public Transportation: MetroNorth to Beacon, then take ferry across Closest Roadways: 9W, I-87, I-84 Google Map
This is a very exciting house to see on the market in Newburgh. It is a beautifully restored home full of original details directly in front of Downing Park. The best part though, is actually the amazing carriage house in the rear that was featured a few years ago on the illuminated tour. If you are looking for a work space or studio separate from your house, this property gives you that chance. It’s sad to see the owners go, but surely someone who truly appreciates this home will move in. The listing features many more beautiful photos, so be sure to click on the link below.
110 Dubois Street Newburgh NY (Chris Hanson, Apple2Orange Realty) Asking Price: $225,000 Year Built: 1890 Size: 2,500 sq ft Neighborhood: Downing Park Taxes: $5,394 Distance to NYC: 58.6 mi, 1 hour 10 mins Public Transportation: MetroNorth to Beacon, then take ferry across Closest Roadways: 9W, I-87, I-84 Google Map
Here’s a building for sale on Lander Street in need of a complete gut rehab. This is not a project for a first time DIYer. There are floors and walls collapsing. Most likely the home will need to come down to the studs. However, there are a few original details that can probably be salvaged, few may they be. Next door a pocket park has been started and other properties are being rehabilitated. It is located just one block away from Broadway. Like all of Newburgh – so much potential if you can see past the decay.
44-46 Lander St Newburgh NY (Eileen Daly, BH&G) Asking Price: $14,000 Year Built: 1900 Size: 1,266 sq ft Neighborhood: NoBro Taxes: $2,207 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 Google Map