NOT LISTED FOR SALE

161 Bay View Terrace Newburgh, NY 12550

Estimated Value: $527,000 - $724,441

6 Beds
3 Baths
2,384 Sq Ft
$268/Sq Ft Est. Value

Last Sold April 01, 2022

Last sale price $610,000 $256 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $4,334/month

139 Days on Market

Highlights

  • Water Views
  • Property is near public transit
  • Park
  • River Access
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

About This Home

As of April 2022

Overlooking the Hudson River w/unparalleled VIEWS this RARELY available, rented, income producing, legal three family is located in Newburgh's Washington Heights East End Historic District! Property has been completely gut renovated w/all separate utilities (tenants pay their own heat, hot water and electric!). Ideally situated near schools, galleries, boutique restaurants, the waterfront, parks and local shops. Also close by: SUNY Orange, Mount St. Mary's College, Downing Park and Washington's Headquarters. Commuter friendly location just 10 minutes to New York State Thruway (87), Interstate 84, the Newburgh/Beacon Bridge, Metro North Train Station (via the Newburgh Ferry) and Stewart International Airport! Join in Newburgh's renaissance!

Last Agent to Sell the Property

Kerly Scialpi

River Realty Services, Inc. License #40SC1112589 Listed on: 09/18/2021

Co-Listed By

Carter Peabody

River Realty Services, Inc. License #10401271123

Last Buyer's Agent

Shpresa Camaj

Real Broker NY LLC License #10301216578

Real Broker NY LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,463

Year Built

  • Built in 1900

Lot Details

  • 2,779 Sq Ft Lot
  • No Common Walls

Property Views

  • Water
  • Panoramic

Home Design

  • 2,384 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Schools

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

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System

Additional Features

  • River Access
  • Property is near public transit

Listing and Financial Details

  • Assessor Parcel Number 331100-048-000-0008-001.000-0000

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,463

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Co List Office Mls Id: ONERIVMNG
  • Co List Office Phone: 845-564-2800
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 6
  • Living Area: 2384
  • SquareFootage: 2384.00
  • SquareFootageSource: Municipality

Exterior Features

  • Waterfront Features: River Access
  • View: Panoramic, Other, Water
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 3
  • Attached Garage: No
  • Garage: No
  • Parking Description: Off Street, On Street

Utilities

  • Cooling: Wall Unit(s)
  • Cooling: Yes
  • Heating: Electric, Forced Air
  • Sewer: Sewer
  • Water Source: Public
  • Hot Water: Electric Stand Alone

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.06
  • Lot Size Sq Ft: 2779
  • Lot Size Units: Acres
  • Lot Features: Near Public Transit
  • Parcel Number: 331100-048-000-0008-001.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 4
  • NumberOf2Bedrooms: 3

Tax Info

  • Tax Annual Amount: 2463
  • Tax Map Number: 331100-048-000-0008-001.000-0000

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

Closed on
Apr 21, 2023
Sold by
Qosaj Uran and Qosaj Vesa
Bought by
Begati Properties Llc
Current Estimated Value
$639,360

Purchase Details

Listed on
Sep 18, 2021
Closed on
Apr 1, 2022
Sold by
700 Putnam Avenue Llc
Bought by
Uran Qosaj
Seller's Agent
Kerly Scialpi
River Realty Services, Inc.
Buyer's Agent
Shpresa Camaj
Real Broker NY LLC
List Price
$604,900
Sold Price
$610,000
Premium/Discount to List
$5,100
0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.32%
Original Mortgage
$457,500
Interest Rate
4.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 12, 2018
Sold by
Ortega-Flores Arnold Y and Lemus Cesar
Bought by
7 Putnam Avenue Llc

Purchase Details

Listed on
Dec 3, 2014
Closed on
Mar 2, 2015
Sold by
Cronwell Equities Inc
Bought by
Gold River Capital Group Inc
Seller's Agent
Valeria Rios
HomeSmart Homes & Estates
Buyer's Agent
Steve Esposito
HomeSmart Homes & Estates
List Price
$39,000
Sold Price
$26,000
Premium/Discount to List
-$13,000
-33.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
35.12%

Purchase Details

Closed on
Jan 9, 2015
Sold by
Peter G. Botti Esq. As Referee
Bought by
Cronwell Equities Inc

Purchase Details

Closed on
May 8, 2009
Sold by
Crowley Management Inc
Bought by
Gaspard Rodney F

Purchase Details

Closed on
Sep 19, 2003
Sold by
Bowman Willie
Bought by
Larry Shawn

Purchase Details

Closed on
Jun 4, 1998
Sold by
Bowman Judy
Bought by
Bowman Willie

Purchase Details

Closed on
Sep 30, 1994
Sold by
Bowman Willie
Bought by
Bowman Judy
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Begati Properties Llc -- None Available
Uran Qosaj $610,000 Carnegie Nat L Abs
Qosaj Uran $610,000 None Available
7 Putnam Avenue Llc $385,000 --
Gold River Capital Group Inc $26,000 Marc Kerchman
Cronwell Equities Inc $11,650 --
Gaspard Rodney F $169,000 Jacquelynn Vance-Pauls
Larry Shawn $125,000 Michael Macklowitz
Bowman Willie -- Chicago Title Insurance Co
Bowman Judy -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Qosaj Uran $457,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2022 04/01/22 Sold $610,000 0.0% $256 / Sq Ft
02/04/2022 02/04/22 Pending -- -- --
01/28/2022 01/28/22 Off Market $610,000 -- --
12/30/2021 12/30/21 Price Changed $604,900 0.0% $254 / Sq Ft
12/30/2021 12/30/21 For Sale $604,900 -0.8% $254 / Sq Ft
11/08/2021 11/08/21 Pending -- -- --
10/25/2021 10/25/21 Off Market $610,000 -- --
09/18/2021 09/18/21 For Sale $579,000 +623.8% $243 / Sq Ft
11/21/2017 11/21/17 Sold $80,000 -15.8% $44 / Sq Ft View Prior Sale
04/28/2017 04/28/17 Pending -- -- --
04/28/2017 04/28/17 For Sale $95,000 +265.4% $52 / Sq Ft
03/17/2015 03/17/15 Sold $26,000 -33.3% $14 / Sq Ft View Prior Sale
02/05/2015 02/05/15 Pending -- -- --
12/03/2014 12/03/14 For Sale $39,000 -- $21 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

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 $11,843 $641,600 $40,600 $601,000
2023 $11,843 $611,000 $40,600 $570,400
2022 $12,222 $521,800 $19,700 $502,100
2021 $17,558 $434,800 $17,900 $416,900
2020 $2,384 $299,000 $17,900 $281,100
2019 $707 $299,000 $17,900 $281,100
2018 $707 $30,100 $19,100 $11,000
2017 $1,527 $30,100 $19,100 $11,000
2016 $2,431 $47,000 $19,100 $27,900
2015 -- $47,000 $19,100 $27,900
2014 -- $78,200 $19,100 $59,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6143688

OneKey® MLS

APN: 331100-048-000-0008-001.000-0000