NOT LISTED FOR SALE

3135 Us Route 9w New Windsor, NY 12553

Estimated Value: $439,000 - $504,000

7 Beds
3 Baths
3,742 Sq Ft
$129/Sq Ft Est. Value

Last Sold December 06, 2023

Last sale price $450,000 $120 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,185/month

21 Days on Market

About This Home

As of December 2023

Excellent Investment Opportunity: 3-Unit Property in New Windsor Town, Conveniently Situated on Rte 9W and Zoned NC with Generous Parking. The sturdy brick building is well maintained and presently leased below market rates, with tenants covering their own utilities. Though interior access may be challenging, all tenants are on month-to-month agreements, making transition feasible. Existing rental comparables in the vicinity indicate an annual gross rent potential of $60,000 plus. Coupled with the low property tax, this investment represents a highly promising opportunity.

Last Agent to Sell the Property

Abraham Schwartz

Priority Management Brokerage Phone: 845-388-1216 License #10371201976 Listed on: 10/16/2023

Priority Management

Last Buyer's Agent

joseph heilbrun

Samuel Kaufman License #10401325414

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,469

Year Built

  • Built in 1951

Lot Details

  • 0.38 Acre Lot
  • No Common Walls

Parking

  • Driveway

Home Design

  • 3,742 Sq Ft Home

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 3 Full Bathrooms

Schools

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

Utilities

  • Window Unit Cooling System
  • Zoned Cooling
  • Baseboard Heating
  • Heating System Uses Oil
  • Heating System Uses Propane

Community Details

  • 3 Units
  • 4 Separate Electric Meters

Listing and Financial Details

  • Tenant pays for cooking gas, electricity, heat
  • Assessor Parcel Number 334800-017-000-0004-014.100-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,469

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1951
  • Attribution Contact: 845-388-1216
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Living Area: 3742
  • Owner Pays: Insurance
  • SquareFootage: 3742.00
  • SquareFootageSource: Municipality

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: Driveway

Utilities

  • Cooling: Zoned, Window Unit(s)
  • Cooling: Yes
  • Heating: Oil, Propane, Baseboard
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Public
  • Hot Water: See Remarks

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Other Expense: 360

Schools

  • Middle School: South Middle School

Lot Info

  • Lot Size Acres: 0.38
  • Lot Size Area: 0.38
  • Lot Size Sq Ft: 16440
  • Lot Size Units: Acres
  • Parcel Number: 334800-017-000-0004-014.100-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Cooking Gas, Electricity, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 4
  • NumberOf1Bedrooms: 1
  • NumberOf3Bedrooms: 2

Tax Info

  • Tax Annual Amount: 7469
  • Tax Map Number: 334800-017-000-0004-014.100-0000
  • IncludedInTaxes: Trash

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
Oct 16, 2023
Closed on
Dec 6, 2023
Sold by
Baum Samuel
Bought by
Bh 3135 Llc
Seller's Agent
Abraham Schwartz
Priority Management
Buyer's Agent
joseph heilbrun
Samuel Kaufman
List Price
$475,000
Sold Price
$450,000
Premium/Discount to List
-$25,000
-5.26%
Views
58
Current Estimated Value
$482,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$32,650
Avg. Annual Appreciation
3.90%

Purchase Details

Closed on
Jan 26, 2023
Sold by
Baum Realty 1 Llc
Bought by
Baum Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.13%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Aug 11, 2022
Sold by
3135 Corp
Bought by
Jay & Kay Corp

Purchase Details

Closed on
Apr 30, 2002
Sold by
Goldsmith Darrell
Bought by
Goldsmith Darrell and Vanvoorhis Gary
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Bh 3135 Llc $450,000 None Available
Bh 3135 Llc $450,000 None Available
Bh 3135 Llc $450,000 None Available
Baum Samuel -- Fidelity Title Insurance Com
Baum Samuel -- Fidelity Title Insurance Com
Baum Samuel -- Fidelity Title Insurance Com
Jay & Kay Corp $325,000 Fidelity Title Ins
Baum Realty 1 Llc $360,000 Fidelity Title Ins
Baum Realty 1 Llc $360,000 Fidelity Title Ins
Jay & Kay Corp $325,000 Fidelity Title Ins
Jay & Kay Corp $325,000 Fidelity Title Ins
Goldsmith Darrell -- Commonwealth Land Title Ins
Goldsmith Darrell -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Baum Samuel $412,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/06/2023 12/06/23 Sold $450,000 -5.3% $120 / Sq Ft
11/07/2023 11/07/23 Pending -- -- --
10/16/2023 10/16/23 For Sale $475,000 -- $127 / 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 $7,389 $31,500 $6,800 $24,700
2023 $7,389 $31,500 $6,800 $24,700
2022 $7,469 $31,500 $6,800 $24,700
2021 $7,455 $31,500 $6,800 $24,700
2020 $10,781 $31,500 $6,800 $24,700
2019 $5,319 $31,500 $6,800 $24,700
2018 $5,319 $31,500 $6,800 $24,700
2017 $7,314 $31,500 $6,800 $24,700
2016 $9,758 $31,500 $6,800 $24,700
2015 -- $31,500 $6,800 $24,700
2014 -- $35,700 $6,800 $28,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEY6273121

OneKey® MLS

APN: 334800-017-000-0004-014.100-0000