$399,500
PENDING $30K PRICE DROP

186 S William St Newburgh, NY 12550

Estimated payment $2,999/month

Total Views 7,554
5 Beds
3 Baths
2,160 Sq Ft
$185 Price per Sq Ft

About This Home

"Charming 3-Unit Multifamily Opportunity in Newburgh!

Invest in this attractive 3-unit property located in the heart of Newburgh, just steps from the waterfront. Each apartment has been recently refreshed and painted, showcasing a bright and welcoming atmosphere. This property also features a private backyard, perfect for relaxation and outdoor enjoyment. With its prime location and updated finishes, this property offers a great opportunity for investors looking to generate rental income. Walking distance to waterfront, easy access to local amenities, and the potential for long-term appreciation in value. Don't miss out on this fantastic investment opportunity - schedule a showing today!"

Listing Agent

Joseph Polatseck

Joseph Polatseck License #10351219755 Listed on: 07/11/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,862

Year Built

  • Built in 1900

Lot Details

  • 1,763 Sq Ft Lot
  • Lot Dimensions are 23.5 x 75
  • Back Yard Fenced

Home Design

  • Triplex
  • Brick Exterior Construction

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms

Schools

  • Meadow Hill Global Explorations Magnet Middle School
  • Newburgh Free Academy High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Legal Lot and Block 17 / 2
  • Assessor Parcel Number 331100-039-000-0002-017.000-0000

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,862

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Property Condition: Updated/Remodeled
  • Year Built: 1900
  • Carport Y N: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Other
  • Flooring: Laminate, Tile, Vinyl
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace: No
  • Basement YN: No

Exterior Features

  • Construction Materials: Brick
  • Fencing: Back Yard
  • Pool Private: No
  • Road Frontage Type: Municipal
  • Spa: No
  • Waterfront: No

Garage/Parking

  • Garage: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Heating: Electric, Forced Air, Other
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Maintenance Expense: 550
  • Operating Expense: 17871
  • Trash Expense: 1053
  • Annual Water Sewer Expense: 1970

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0405
  • Lot Dimensions: 23.5 X 75
  • Lot Size Sq Ft: 1763
  • Building Area Total: 2160
  • Parcel Number: 331100-039-000-0002-017.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Electricity, Gas, Heat, See Remarks

Multi Family

  • Fuel Expense: 1178
  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • Insurance Expense: 3800

Tax Info

  • Tax Annual Amount: 9861.89
  • Tax Block: 2
  • Tax Lot: 17
  • Tax Year: 2024

MLS Schools

  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $11,634 $352,000 $15,700 $336,300
2023 $11,634 $352,000 $15,700 $336,300
2022 $14,314 $335,000 $7,700 $327,300
2021 $5,994 $128,500 $7,000 $121,500
2020 $4,501 $108,900 $7,000 $101,900
2019 $2,056 $87,500 $7,000 $80,500
2018 $2,056 $87,500 $7,400 $80,100
2017 $3,195 $63,000 $7,400 $55,600
2016 $2,912 $56,300 $7,400 $48,900
2015 -- $56,300 $7,400 $48,900
2014 -- $62,500 $7,400 $55,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/25/2025 08/25/25 Pending -- -- --
08/05/2025 08/05/25 Price Changed $399,500 +0.1% $185 / Sq Ft
07/22/2025 07/22/25 Price Changed $399,000 -7.0% $185 / Sq Ft
07/11/2025 07/11/25 For Sale $429,000 -- $199 / Sq Ft
Source: OneKey® MLS

Purchase History

Date Type Sale Price Title Company
Deed $105,000 --
Deed $38,000 Jamie Greenwald
Foreclosure Deed $150,788 Shapiro & Dicaro
Deed $125,000 Jeffrey Otto
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $245,000 Stand Alone Refi Refinance Of Original Loan
Closed $185,000 Stand Alone Refi Refinance Of Original Loan
Closed $105,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

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Source: OneKey® MLS

MLS Number: 888223

OneKey® MLS

APN: 331100-039-000-0002-017.000-0000