This is a property that might easily fall off of someone’s radar because of the condition of the exterior, and the lack of activity on this block, but there is reason to look further. This block is no walk in the park, there are definitely some issues here to consider before making this your home, but it is in the right location of a lot of properties that are being developed or with the potential of development. Just down the block is Washington’s Headquarters and the new East Parmenter Neighborhood. On this same block there is Atlas Industries that are creating artists lofts and an art gallery in their new warehouse and the old Resnick Mattress Warehouse that was bought up with the intentions of adding retail and/or artists spaces. Your friends might think you are crazy, but all of the properties on this block are reasonably priced and in the right location of many factors. The question that remains is if you are willing to wait and make positive contributions to the area by actually living here? This property is owned by the same person who owns 281 Grand.
126 S William St Newburgh NY (owner listed)
Asking Price: $99,000
Year Built: 1900
Size: 1,520 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