NOT LISTED FOR SALE

178 Renwick St Newburgh, NY 12550

Estimated Value: $388,000 - $485,000

6 Beds
3 Baths
2,172 Sq Ft
$204/Sq Ft Est. Value

Last Sold April 30, 2021

Last sale price $350,000 $161 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,075/month

20 Days on Market

Highlights

  • The property is located in a historic district
  • Wood Flooring
  • Granite Countertops
  • Property is near public transit
  • Victorian Architecture
  • Eat-In Kitchen

About This Home

As of April 2021

COMPLETE gut rehab, back to the studs ! finishing up with a stunning high-end renovation of this brick 3 family near the rapidly developing William St small business/shopfront corridor in Newburgh. NOTHING to do here, zip, nada, except sit back and collect the rent on this turnkey investment. All new everything with no expense spared and with great attention to detail. New electrics, plumbing, 3 efficient mini-splits in each apt( heating/cooling and 2 others in the common areas), new sprinkler system, intercom/buzzer access in the lobby. Currently taxes are super low (4.7K!) and going forward there is also an Historic Tax exemption in place given the upgrades commencing in 2020. All 3 apartments have almost identical layouts, each with high-end bathroom and kitchen finishes and a large front open plan living area which is south facing and drenched with sunlight!

Last Agent to Sell the Property

Rosemary Lee

Voro LLC License #10401267992 Listed on: 02/18/2021

Voro LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,675

Year Built

  • Built in 1900 | Remodeled in 2018

Lot Details

  • 2,291 Sq Ft Lot
  • Two or More Common Walls
  • Fenced

Parking

  • On-Street Parking

Home Design

  • Victorian Architecture
  • Brick Exterior Construction

Interior Spaces

  • 2,172 Sq Ft Home
  • ENERGY STAR Qualified Windows
  • Wood Flooring
  • Unfinished Basement

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Home Security System
  • Fire Sprinkler System

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

  • Ductless Heating Or Cooling System
  • Central Air
  • 9 Heating Zones
  • Heat Pump System
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 331100.045.000-0015-008.000/0000

Community Details

Overview

  • 3 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,675

Year Built

Built in 1900 | Remodeled in 2018

Lot Details

2,291 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Victorian
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2018
  • Attribution Contact: 845-213-4095
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2018

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Basement: Unfinished
  • Total Bedrooms: 6
  • Living Area: 2172.00
  • Window Features: ENERGY STAR Qualified Windows
  • Square Footage: 2172.00

Exterior Features

  • Construction Materials: Brick
  • Fencing: Fenced

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

  • Cooling: Central Air, Ductless
  • Cooling: Yes
  • Garbage Removal: Other
  • Heating: Natural Gas, Baseboard, Heat Pump, See Remarks
  • Hot Water: Gas Stand Alone
  • Heating Zones: 9
  • Security: Security System, Fire Sprinkler System
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.0500
  • Lot Size Sq Ft: 2291.00
  • Lot Size Units: Acres
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100.045.000-0015-008.000/0000
  • Property Attached: Yes

Rental Info

  • Hold Start Date: 2021-02-24
  • Tenant Pays: Cooking Gas, Electricity, Heat

Tax Info

  • Close Date: 2021-04-30
  • Tax Annual Amount: 4675.00
  • Tax Map Number: 331100.045.000-0015-008.000/0000

Multi Family

  • Units Total: 3
  • Two Bedrooms: 3
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

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
Feb 18, 2021
Closed on
Apr 28, 2021
Sold by
Ruttenberg & Harrison Inc
Bought by
Hakim Shah Nyre1 Llc
Seller's Agent
Rosemary Lee
Voro LLC
List Price
$349,000
Sold Price
$350,000
Premium/Discount to List
$1,000
0.29%
Current Estimated Value
$442,033

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$92,033
Avg. Annual Appreciation
4.93%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Junger Avigdor
Bought by
Ruttenberg & Harrison Inc

Purchase Details

Closed on
Feb 23, 2011
Sold by
553 West Central Holding
Bought by
Junger Avigdor

Purchase Details

Closed on
Mar 5, 2009
Sold by
Safra Properties Llc
Bought by
553 West Central Holding Llc

Purchase Details

Closed on
Dec 18, 2000
Sold by
Opportunity Funding I Llc
Bought by
Safra Properties Llc

Purchase Details

Closed on
Dec 15, 2000
Sold by
Fc Capital Corp
Bought by
Fairbanks Capital Corp

Purchase Details

Closed on
Sep 10, 1997
Sold by
Obrien John
Bought by
Tomlins Robert

Purchase Details

Closed on
Mar 31, 1995
Sold by
Marchione Mary
Bought by
Obrien John
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hakim Shah Nyre1 Llc $350,000 None Available
Ruttenberg & Harrison Inc $42,000 --
Junger Avigdor $34,000 --
553 West Central Holding Llc $34,000 --
Safra Properties Llc $15,367 First American Title Ins Co
Fairbanks Capital Corp -- First American Title Ins Co
Tomlins Robert $110,000 --
Obrien John $32,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2021 04/30/21 Sold $350,000 0.0% $161 / Sq Ft
03/10/2021 03/10/21 Pending -- -- --
02/24/2021 02/24/21 Off Market $350,000 -- --
02/18/2021 02/18/21 For Sale $349,000 -- $161 / 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 $9,602 $360,000 $19,600 $340,400
2023 $9,602 $360,000 $19,600 $340,400
2022 $8,427 $250,000 $9,600 $240,400
2021 $9,103 $208,300 $8,700 $199,600
2020 $4,675 $176,500 $8,700 $167,800
2019 $2,558 $101,800 $8,700 $93,100
2018 $2,558 $101,800 $9,300 $92,500
2017 $4,108 $81,000 $9,300 $71,700
2016 $3,952 $76,400 $9,300 $67,100
2015 -- $80,400 $9,300 $71,100
2014 -- $80,400 $9,300 $71,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6088679

OneKey® MLS

APN: 331100-045-000-0015-008.000-0000

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