NOT LISTED FOR SALE

142 South St Newburgh, NY 12550

Estimated Value: $151,000 - $265,448

Studio
-- Bath
6,666 Sq Ft
$31/Sq Ft Est. Value

Sale Details

Date Sold: July 12, 2017

Last sale price $65,000 $10 Per Sq Ft

Est. 220% increase in value since last sale

Current estimated payment $1,509 / mo

395 Days on Market

Highlights

  • The property is located in a historic district
  • Victorian Architecture
  • Park
  • Property is near public transit
  • Corner Lot
  • 3-minute walk to Tyrone Crabb Park

About This Home

As of July 2017

Imposing 3 story building with gabled attic that is an anchor property for the South St gateway to the waterfront. It currently has two very large storefronts and two 2 bed apts with the potential of adding a further 2 apts. In the rendering the large storefront in the rear is shown as "Club Club", and the front storefront as "Fresh". The rear storefront is currently rented for $670 a month. This property has the largest footprint because the wide rear extension runs behind the two other adjacent buildings on South St, and there is street access to the mews behind this extension with the potential for off street parking. Property needs work and is sold "AS IS". While this property is being offered for individual sale, the preference is for a package deal for all 8 properties on this block of South St. Package deal is $750,000 for : MLS4612635, MLS4612896, MLS4612898, MLS4613427, MLS4613428, MLS4613456, MLS4613457, MLS4613462 representing a $170,000 reduction.

Last Agent to Sell the Property

Rosemary Lee

Voro LLC Brokerage Phone: 845-213-4095 License #10401267992 Listed on: 04/02/2016

Voro LLC

Last Buyer's Agent

Rosemary Lee

Voro LLC Brokerage Phone: 845-213-4095 License #10401267992 Listed on: 04/02/2016

Voro LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1880

Lot Details

  • 2,400 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot

Home Design

  • 6,666 Sq Ft Home
  • Victorian Architecture
  • Brick Exterior Construction

Parking

  • On-Street Parking
  • Off-Street Parking

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Steam
  • Heating System Uses Natural Gas

Additional Features

  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 331100.011.000-0005-019.000/0000

Community Details

Overview

  • 4 Units

Recreation

  • Park

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1880

Lot Details

2,400 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1880
  • Attribution Contact: 845-213-4095
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • Living Area: 6666
  • Owner Pays: Insurance
  • SquareFootage: 6666.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street, Other, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Hot Water, Steam
  • Sewer: Public Sewer
  • Water Source: Public
  • Hot Water: None
  • NumberOfHeatingZones: 0

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1056

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Dimensions: 0.0551
  • Lot Size Sq Ft: 2400
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Historic District, Level, Near Public Transit
  • Parcel Number: 331100.011.000-0005-019.000/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 4
  • Separate Electric Meters: 1
  • Separate Gas Meters: 1

Tax Info

  • Tax Annual Amount: 5514
  • Tax Map Number: 331100.011.000-0005-019.000/0000
  • IncludedInTaxes: Sewer

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2016
Closed on
Jul 12, 2017
Sold by
Historic Newburgh Estates Llc
Bought by
142 South Street Llc
Seller's Agent
Rosemary Lee
Voro LLC
Buyer's Agent
Rosemary Lee
Voro LLC
List Price
$140,000
Sold Price
$65,000
Premium/Discount to List
-$75,000
-53.57%
Current Estimated Value
$208,224

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$143,224
Avg. Annual Appreciation
14.18%

Purchase Details

Closed on
May 15, 2003
Sold by
142 South St Corp
Bought by
Historic Newburgh Estates Llc
Source: Public Records
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
142 South Street Llc -- Michal Falkowski
Historic Newburgh Estates Llc $120,000 George Switnicki
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $65,000 -53.6% $10 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
04/01/2016 04/01/16 For Sale $140,000 -- $21 / Sq Ft
Source: OneKey® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $4,958 $150,000 $72,800 $77,200
2023 $4,958 $150,000 $72,800 $77,200
2022 $3,435 $80,400 $23,200 $57,200
2021 $3,750 $80,400 $23,200 $57,200
2020 $4,362 $80,400 $23,200 $57,200
2019 $2,463 $80,400 $23,200 $57,200
2018 $2,463 $80,400 $28,400 $52,000
2017 $4,629 $80,400 $28,400 $52,000
2016 $4,320 $74,200 $28,400 $45,800
2015 -- $74,200 $28,400 $45,800
2014 -- $74,200 $28,400 $45,800
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4613462

OneKey® MLS

APN: 331100-011-000-0005-019.000-0000

Your Personal Tour Guide

Ask me questions while you tour the home.