NOT LISTED FOR SALE

261 Grand St Newburgh, NY 12550

5 Beds
7 Baths
4,139 Sq Ft
5,580 Sq Ft Lot

Last Sold January 28, 2021

Last sale price $675,000 $163 Per Sq Ft

57 Days on Market

Highlights

  • River View
  • Wood Flooring
  • Baseboard Heating
  • Property is near public transit
  • Park
  • 3-minute walk to Tyrone Crabb Park

About This Home

As of January 2021

Solid income producing 7 unit building in historic Newburgh, NY just minutes to the Newburgh Waterfront, galleries, shopping and Ferry to Beacon/Metro North to NYC. Chock full of beautiful period details, this solidly built brick semi-attached building offers ample street parking and second possibly buildable lot in back. Well maintained with 4 year old roof, 400 amp service (2017), energy efficient Weil McClain boiler (2019), 75 gallon hot water heater (2016), hardwired interior emergency exit lights, up to fire and insurance codes, dusk to dawn motion sensors. All units are updated and in good working condition. One unit is under renovation and is the only vacancy. Tenants are reliable and pay on time. Minimum 48 hour's notice needed for showings. Non smoking building.

Last Agent to Sell the Property

Amy Wilhelm

Corcoran Baer & McIntosh License #10401236429 Listed on: 09/14/2020

Corcoran Baer & McIntosh

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,566

Year Built

  • Built in 1890 | Remodeled in 2017

Lot Details

  • 5,580 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Home Design

  • Brick Exterior Construction
  • Frame Construction

Interior Spaces

  • 4,139 Sq Ft Home
  • Wood Flooring
  • River Views

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 7 Full Bathrooms

Partially Finished Basement

  • Walk-Out Basement
  • Basement Fills Entire Space Under The House

Parking

  • 2 Parking Spaces
  • On-Street Parking
  • Parking Lot

Location

  • Property is near public transit

Schools

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

Utilities

  • No Cooling
  • 7 Heating Zones
  • Baseboard Heating
  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for cooking gas, electricity
  • Assessor Parcel Number 331100.012.000-0001-005.000/0000

Community Details

Overview

  • 7 Units

Recreation

  • Park

Building Details

  • 7 Separate Electric Meters
  • 1 Separate Gas Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,566

Year Built

Built in 1890 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Hamlet: Newburgh
  • Year Built: 1890
  • Year Built Effective: 2017
  • Attribution Contact: 845-987-2000
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Living Area Units: Square Feet
  • Flooring: Hardwood
  • Common Walls: 2+ Common Walls
  • Total Bathrooms: 7
  • Full Bathrooms: 7
  • Basement: Full, Partially Finished, Walk-Out Access
  • Total Bedrooms: 5
  • Living Area: 4139.00
  • Square Footage: 4139.00

Exterior Features

  • Construction Materials: Brick, Frame
  • View: River
  • View YN: Yes

Garage/Parking

  • Total Parking Spaces: 2.00
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot, On Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard
  • Hot Water: Electric Stand Alone
  • Heating Zones: 7
  • Sewer: Public Sewer
  • Water Source: Public

Association/Amenities

  • Community Features: Park

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 2123.00
  • Trash Expense: 2123.00

Schools

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

Lot Info

  • Lot Size Acres: 0.1300
  • Lot Size Area: 0.1300
  • Lot Size Sq Ft: 5580.00
  • Lot Size Units: Acres
  • Lot Features: Level, Near Public Transit
  • Parcel Number: 331100.012.000-0001-005.000/0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Cooking Gas, Electricity

Tax Info

  • Close Date: 2021-01-28
  • Included in Taxes: Trash
  • Tax Annual Amount: 23566.00
  • Tax Map Number: 331100.012.000-0001-005.000/0000

Multi Family

  • Fuel Expense: 7935.00
  • Units Total: 7
  • 1 Bedrooms: 7
  • Separate Electric Meters: 7
  • Separate Gas Meters: 1

MLS Schools

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

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2021 01/28/21 Sold $675,000 -3.4% $163 / Sq Ft
11/10/2020 11/10/20 Pending -- -- --
10/15/2020 10/15/20 Price Changed $699,000 -3.6% $169 / Sq Ft
10/02/2020 10/02/20 Price Changed $725,000 -3.2% $175 / Sq Ft
09/14/2020 09/14/20 For Sale $749,000 -- $181 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Amy Wilhelm

    Seller's Agent in 2021

    Amy Wilhelm

    Corcoran Baer & McIntosh

    (845) 500-0059

    85 Total Sales

    Amy Wilhelm
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Map

Source: OneKey® MLS

MLS Number: KEY6069282

OneKey® MLS
New York Orange County Newburgh 12550

261 Grand St, Newburgh, NY

This home is located at 261 Grand St, Newburgh, NY 12550 since 14 September 2020. This property was built in 1890. 261 Grand St is a home located in Orange County with nearby schools including Newburgh Free Academy Main Campus, Bishop Dunn Memorial, and Nora Cronin Presentation Academy.

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