$290,000
SOLD OCT 8, 2024

32 Concord St Newburgh, NY 12550

4 Beds
2 Baths
1,530 Sq Ft
2,675 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

3% Below List Price

118 Days on Market

About This Home

As of October 2024

Great 2 family fully rented and located on a quiet block in the City of Newburgh. Building is well maintained and tenants pay all utilities (water/sewer, gas and electric. Owner pays garbage, taxes and insurance. Adjacent sister building at 34 concord is also available. This property is part of a ten unit investment portfolio in the city of Newburgh, NY. The owner has 4 additional duplex properties for sale including 231 Third St ($319,913), 34 Concord St. ($305,503), 61 Hasbrouck St. ($298,892) and 72 Hasbrouck St. ($375,573). Please inquire for additional property information, including financials.Great location just off Broadway on a one way street.

Last Agent to Sell the Property

Penny Alper

Your Move Matters LLC Brokerage Phone: (845) 926-6400 License #10491200645 Listed on: 04/16/2024

Last Buyer's Agent

David Hopstein

eRealty Advisors, Inc License #10301223284

eRealty Advisors, Inc

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,500

Year Built

  • Built in 1920 | Remodeled in 2020

Lot Details

  • 2,675 Sq Ft Lot

Parking

  • On-Street Parking

Home Design

  • Duplex

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Schools

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

Utilities

  • No Cooling
  • Baseboard Heating
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for all utilities
  • Assessor Parcel Number 331100-029-000-0002-021.000-0000

Community Details

Overview

  • 2 Units

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,500

Year Built

Built in 1920 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Property Condition: Actual
  • Year Built: 1920
  • Year Built Effective: 2020
  • Attribution Contact: (845) 926-6400
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Basement YN: No

Exterior Features

  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Natural Gas, Baseboard
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Fee Information

  • Annual Water Sewer Expense: 1500

Schools

  • Middle School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL

Lot Info

  • Lot Size Acres: 0.0614
  • Lot Size Area: 0.0614
  • Lot Size Sq Ft: 2675
  • Building Area Total: 1530
  • Parcel Number: 331100-029-000-0002-021.000-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • Insurance Expense: 1400

Tax Info

  • Tax Annual Amount: 6500
  • Tax Year: 2023

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2024
Closed on
Oct 7, 2024
Sold by
Newburgh Cap Llc
Bought by
32 Con Llc
Seller's Agent
Penny Alper
Your Move Matters LLC
Buyer's Agent
David Hopstein
eRealty Advisors, Inc
List Price
$298,892
Sold Price
$290,000
Premium/Discount to List
-$8,892
-2.97%
Current Estimated Value
$284,650

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,350
Avg. Annual Appreciation
-0.81%
Original Mortgage
$216,000
Outstanding Balance
$214,713
Interest Rate
6.08%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$73,633

Purchase Details

Closed on
Sep 5, 2019
Sold by
Golden Touch Properties
Bought by
Newburgh Capital Llc

Purchase Details

Closed on
Oct 24, 2011
Sold by
Hsbc Mortgage Corporation
Bought by
Golden Touch Properties Llc

Purchase Details

Closed on
Jul 1, 2010
Sold by
Howard C Rindner As Referee
Bought by
Hsbc Mortgage Corp

Purchase Details

Closed on
Jul 23, 2004
Sold by
Serrano Rolando T
Bought by
Flores Feliciano

Purchase Details

Closed on
Mar 26, 2003
Sold by
Rowell Ashton
Bought by
Serrano Rolando T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Deed $270,000 None Available
Deed $270,000 None Available
Deed $150,000 Assurance Abstract & Title S
Warranty Deed $150,000 Assurance Abstract & Title S
Deed $150,000 Assurance Abstract & Title S
Warranty Deed $150,000 Assurance Abstract & Title S
Deed $150,000 Assurance Abstract & Title S
Warranty Deed $150,000 Assurance Abstract & Title S
Deed $150,000 Assurance Abstract & Title S
Deed $15,000 John Poggioli
Deed $15,000 John Poggioli
Foreclosure Deed $150,342 Baum Steven J
Foreclosure Deed $150,342 Baum Steven J
Deed $146,260 Marc Kerchman
Deed $146,260 Marc Kerchman
Deed $60,000 Jeffrey R. Otto
Deed $60,000 Jeffrey R. Otto
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $216,000 Purchase Money Mortgage
Closed $216,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/08/2024 10/08/24 Sold $290,000 -3.0% $190 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
04/16/2024 04/16/24 For Sale $298,892 -- $195 / 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
2023 $6,445 $195,000 $23,200 $171,800
2022 $6,093 $142,600 $11,200 $131,400
2021 $5,542 $118,800 $10,200 $108,600
2020 $3,989 $100,700 $10,200 $90,500
2019 $1,570 $73,500 $10,200 $63,300
2018 $1,570 $66,800 $10,900 $55,900
2017 $3,388 $66,800 $10,900 $55,900
2016 $3,306 $63,900 $10,900 $53,000
2015 -- $69,500 $10,900 $58,600
2014 -- $61,600 $10,900 $50,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6301314

OneKey® MLS

APN: 331100-029-000-0002-021.000-0000