Newburgh Real Estate

A completely renovated mansion in the town of Newburgh known as Sweetwood Inn. This home sits on 1.5 acres and has 9 bedrooms. A perfect set up for entertaining out of town guests or housing a large family. It has been tastefully updated and is right next to the Fostertown Elementary School. Sad to see the owners leave to be closer to family.

362 Fostertown Road Newburgh NY
Asking Price: $419,000
Year Built: 1847
Size: 3,520 sq ft
Neighborhood: Balmville
Taxes: $5,523
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
Listing by: Kathleen Carhart, RE/MAX

The Newburgh Community Land Bank, (NCLB) is seeking responses from interested parties for the purchase and redevelopment of either or both of the properties at 123 and 125 William Street in the City of Newburgh, New York, which NCLB acquired from the City in September 2017 subsequent to property tax foreclosure.

NCLB’s mission is to improve the quality of life in Newburgh by stabilizing and revitalizing abandoned properties, returning them to the tax rolls through transfer to responsible purchasers for full rehabilitation. NCLB seeks proposals that demonstrate a compatible use for the surrounding area, a feasible plan to be completed within a reasonable timeframe (no more than eighteen months from the date of sale), and adequate financial capacity and renovation experience to undertake the project.

Deadline is June 15, 2018.

Corner buildings are the gateways to neighborhoods. The City of Newburgh is looking to improve this corner of Liberty Street and South William by asking for RFP’s to develop 41 Liberty Street. It has been a long-neglected corner on this burgeoning block. They are seeking a qualified commercial owner-occupant with for-prof use – that will create jobs in the community and add tax revenue to the City.

It would be amazing to see development south on Liberty, just around the corner for 109 South William Street, slated for a new restaurant and venue space.

All responses must be received by Monday, April 30, 2018 by 4:00 pm.

The RFP is available on BidNet or on the City of Newburgh, Department of Planning and Development’s RFQs & Property RFPspage.

Please contact the Office of Planning and Development with questions, 845-569-9400 or planning@cityofnewburgh-ny.-gov

This is an interesting property close to the waterfront, on the edge of the Heights neighborhood. This is a quieter street, just a block away from Washington’s HQ, the Newburgh Brewery, and other potential projects. The fire damaged house across the street is being renovated by a couple, and The Foundry next door might be completed one day  (do your research on that).  Also, the empty lot diagonal to this property was supposed to be developed a few years ago. Those plans fell through, but the possibility is always still there. If everything came through for the 3 corners it might be worth it to put back the storefront that was probably here at one time.

39 Edward Street Newburgh NY
Asking Price: $139,000
Year Built: 1890
Size: 3,144 sq ft
Neighborhood: Waterfront/Heights
Taxes: $6,047
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
Listing by: Rosemary Lee, Apple2Orange Realty