$420,000
SOLD NOV 18, 2024

67 William St Newburgh, NY 12550

9 Beds
3 Baths
2,640 Sq Ft
2,614 Sq Ft Lot

Recently Sold

$159 Per Sq Ft

1% Below List Price

32 Days on Market

Highlights

  • The property is located in a historic district
  • Park
  • Door to Door Trash Pickup
  • Property is near public transit
  • Forced Air Heating System

About This Home

As of November 2024

Turnkey Investment of the century all brick legal 3-family with Just recent renovations - great for owner occupant or a real money maker for an investor! 2 Of the units are paying way under market rents can easily be increased for better Income. Recent renovations include Flooring, water heaters, windows and appliances. First floor perfect for owner with access to the fenced back yard. Experience the revitalization of the City of Newburgh in this great opportunity. Minutes to the waterfront with excellent restaurants, beautiful views and a walking path along the river. Metro North train is right across the river either by ferry or car. Be in NYC in just over an hour.

Last Agent to Sell the Property

Joseph Polatseck

Joseph Polatseck License #10351219755 Listed on: 08/01/2024

Last Buyer's Agent

Non Non OneKey Agent

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,422

Year Built

  • Built in 1900 | Remodeled in 2022

Parking

  • On-Street Parking

Home Design

  • Triplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 3 Full Bathrooms

Location

  • Property is near public transit
  • The property is located in a historic district

Schools

  • South Middle School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Electric Water Heater

Additional Features

  • Basement Fills Entire Space Under The House
  • 2,614 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, gas, heat
  • Assessor Parcel Number 331100-039-000-0002-026.000-0000

Community Details

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters

Additional Features

  • 3 Units
  • Door to Door Trash Pickup

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,422

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Triplex
  • Year Built: 1900
  • Year Built Effective: 2022
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2022

Interior Features

  • Appliances: Electric Water Heater, Gas Water Heater
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 9
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

  • Cooling: None
  • Heating: Electric, Forced Air, Natural Gas, Radiant
  • Security: Fire Escape
  • Sewer: Public Sewer
  • Utilities: Trash Collection Public
  • Water Source: Public

Condo/Co-op/Association

  • Association Amenities: Park, Trash
  • Senior Community: No
  • Association: No

Fee Information

  • Maintenance Expense: 1500
  • Trash Expense: 1376
  • Annual Water Sewer Expense: 2400

Schools

  • Middle School: South Middle School

Lot Info

  • Lot Size Area: 0.06
  • Lot Size Sq Ft: 2614
  • Building Area Total: 2640
  • Lot Features: Historic District, Near Public Transit
  • Parcel Number: 331100-039-000-0002-026.000-0000
  • Property Attached: Yes

Rental Info

  • Tenant Pays: Electricity, Gas, Heat

Multi Family

  • Units Total: 3
  • Separate Electric Meters: 3
  • Separate Gas Meters: 3
  • Insurance Expense: 3100

Tax Info

  • Tax Annual Amount: 7422
  • Tax Year: 2024

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 1, 2024
Closed on
Nov 18, 2024
Sold by
Polatseck Joseph
Bought by
Markowitz Yoel
Seller's Agent
Joseph Polatseck
Joseph Polatseck
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$424,900
Sold Price
$420,000
Premium/Discount to List
-$4,900
-1.15%
Current Estimated Value
$430,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,862
Avg. Annual Appreciation
6.11%
Original Mortgage
$315,000
Outstanding Balance
$313,572
Interest Rate
6.54%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$121,137

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 5, 2018
Sold by
Hodor Realty Inc
Bought by
Polatseck Joseph
Seller's Agent
Haakim Byrd
HomeSmart Homes & Estates
Buyer's Agent
Non Non OneKey Agent
Non-Member MLS
List Price
$115,000
Sold Price
$120,000
Premium/Discount to List
$5,000
4.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.70%
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 $420,000 Old Republic Title
Deed $420,000 Old Republic Title
Deed $120,000 --
Deed $120,000 --
Deed $120,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $315,000 Purchase Money Mortgage
Closed $315,000 Purchase Money Mortgage
Previous Owner $100,000 Stand Alone Refi Refinance Of Original Loan
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2024 11/18/24 Sold $420,000 -1.2% $159 / Sq Ft
09/02/2024 09/02/24 Pending -- -- --
08/01/2024 08/01/24 For Sale $424,900 +254.1% $161 / Sq Ft
07/05/2018 07/05/18 Sold $120,000 +4.3% $45 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
05/22/2018 05/22/18 For Sale $115,000 -- $44 / 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 $8,560 $259,000 $23,200 $235,800
2022 $7,264 $170,000 $11,200 $158,800
2021 $6,610 $141,700 $10,200 $131,500
2020 $4,400 $120,100 $10,200 $109,900
2019 $1,699 $72,300 $10,200 $62,100
2018 $1,699 $72,300 $10,900 $61,400
2017 $3,145 $62,000 $10,900 $51,100
2016 $3,559 $68,800 $10,900 $57,900
2015 -- $72,400 $10,900 $61,500
2014 -- $80,400 $10,900 $69,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6320906

OneKey® MLS

APN: 331100-039-000-0002-026.000-0000