NOT LISTED FOR SALE

74 William St Newburgh, NY 12550

Estimated Value: $248,693 - $338,000

4 Beds
2 Baths
2,200 Sq Ft
$132/Sq Ft Est. Value

Last Sold September 19, 2024

Last sale price $270,000 $123 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $2,198/month

41 Days on Market

Highlights

  • The property is located in a historic district
  • Property is near public transit, schools, and shops
  • Park

About This Home

As of September 2024

Located in downtown Newburgh, this brick 2 family building has had many updates. Both units feature 2 bedrooms and are clean and ready to be rented. Apt #1 has access to a backyard. Owner pays heat for both units and hot water and cooking gas for #2, #1 has their own gas meter. There are many amenities close by, as this property is located in downtown Newburgh. There are many charming shops and cafes on the Liberty St corridor. Within the downtown area you can also find Downing Park, built by Central Park architect Calvert Vaux, SUNY Orange, Mount St. Mary's College, 2 Alices Coffee Lounge, shopping, cafes, restaurants, galleries, studio rentals, bodegas, post office, bars, George Washington Park Historic sight, Newburgh Waterfront and the Ferry to the Metro North Train Station. Also New York Stewart International Airport is right outside of town!

Last Agent to Sell the Property

Dan Gilbert

Brick and Mortar RE LLC Brokerage Phone: (845) 283-3561 License #10491208757 Listed on: 05/24/2024

Co-Listed By

Eli Vaknin

Brick and Mortar RE LLC Brokerage Phone: (845) 283-3561 License #10301222623

Last Buyer's Agent

Non Non Member-MLS

Non-Member MLS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,108

Year Built

  • Built in 1940

Lot Details

  • 1,873

Parking

  • On-Street Parking

Home Design

  • Duplex
  • Brick Exterior Construction

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Location

  • Property is near public transit, schools, and shops
  • The property is located in a historic district

Schools

  • Heritage Middle School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Heating System Uses Natural Gas
  • Radiant Heating System
  • Gas Water Heater

Additional Features

  • 2-Story Property
  • 1,873 Sq Ft Lot
  • Unfinished Basement

Listing and Financial Details

  • Tenant pays for gas, electricity
  • Assessor Parcel Number 331100-038-000-0004-032.000-0000

Community Details

Overview

  • 2 Units

Recreation

  • Park

Building Details

  • 3 Separate Electric Meters
  • 2 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,108

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Duplex
  • Levels: Two
  • Year Built: 1940
  • Attribution Contact: (845) 283-3561
  • Co List Office Mls Id: KEYBRKMOR
  • Co List Office Phone: 845-283-3561
  • ResoBuildingAreaSource: PublicRecords
  • CurrentPrice: 270000.00
  • MlsMajorChangeType: Sold
  • ListPrice_By_OriginalListPrice: 1.00000
  • ListPrice_By_LotSizeAcres: 5813953.4884
  • CurrentPrice_By_BuildingAreaTotal: 122.72727
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Basement: Unfinished
  • Total Bedrooms: 4
  • Basement YN: Yes

Exterior Features

  • Construction Materials: Brick
  • Waterfront: No

Garage/Parking

  • Parking Description: On Street

Utilities

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

Condo/Co-op/Association

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

Fee Information

  • Trash Expense: 1053
  • Annual Water Sewer Expense: 1600

Schools

  • Middle School: Heritage Middle School

Lot Info

  • Lot Size Acres: 0.043
  • Lot Size Sq Ft: 1873
  • Lot Features: Near Public Transit, Near School, Near Shops, Historic District
  • Parcel Number: 331100-038-000-0004-032.000-0000
  • Property Attached: No

Rental Info

  • Tenant Pays: Gas, Electricity

Multi Family

  • Fuel Expense: 4000
  • Units Total: 2
  • Separate Electric Meters: 3
  • Separate Gas Meters: 2
  • Insurance Expense: 2000

Tax Info

  • Tax Annual Amount: 8108
  • Tax Year: 2023

MLS Schools

  • High School: Newburgh Free Academy

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 24, 2024
Closed on
Oct 24, 2024
Sold by
76 Benkard Llc
Bought by
244 Vernon Ave Llc
Seller's Agent
Dan Gilbert
Brick and Mortar RE LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%
Current Estimated Value
$291,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,726
Avg. Annual Appreciation
5.48%
Original Mortgage
$202,500
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
May 24, 2024
Closed on
Sep 17, 2024
Sold by
Newburgh Manor Llc
Bought by
Peninsula Partners Llc
Seller's Agent
Dan Gilbert
Brick and Mortar RE LLC
Buyer's Agent
Non Non Member-MLS
Non-Member MLS
List Price
$250,000
Sold Price
$270,000
Premium/Discount to List
$20,000
8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
6.46%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2017
Sold by
Xavier Alves Paulo Eduardo
Bought by
Newburgh Manor Llc

Purchase Details

Listed on
Feb 2, 2017
Closed on
Apr 18, 2017
Sold by
Gonzalez-Orta Rene
Bought by
Xavier Alves Pauolo Eduardo
Seller's Agent
unknownagent unknownagent
unknownoffice
Buyer's Agent
unknownagent unknownagent
unknownoffice
List Price
$109,750
Sold Price
$109,000
Premium/Discount to List
-$750
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$81,750
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2016
Sold by
Chanin Esq. As Referee Geoffrey
Bought by
Gonzalez Orta Rene

Purchase Details

Closed on
Sep 26, 2005
Sold by
Cummings Abraham
Bought by
Byrne Charles

Purchase Details

Closed on
Nov 5, 2004
Sold by
Mckoy Jimmy
Bought by
Byrne Charles and Byrne Cummings
Source: Public Records
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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
244 Vernon Ave Llc $240,000 None Available
244 Vernon Ave Llc $240,000 None Available
Peninsula Partners Llc $270,000 None Available
Peninsula Partners Llc $270,000 None Available
Newburgh Manor Llc -- William T Okeeffe
Newburgh Manor Llc -- William T Okeeffe
Xavier Alves Pauolo Eduardo $109,000 William Okeffe
Xavier Alves Pauolo Eduardo $109,000 William Okeffe
Gonzalez Orta Rene $16,000 Thomas Murphy
Gonzalez Orta Rene $16,000 Thomas Murphy
Byrne Charles -- --
Byrne Charles -- --
Byrne Charles $127,500 Michael J Curto
Byrne Charles $127,500 Michael J Curto
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Peninsula Partners Llc $202,500
Previous Owner Xavier Alves Pauolo Eduardo $81,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/19/2024 09/19/24 Sold $270,000 +8.0% $123 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
05/24/2024 05/24/24 For Sale $250,000 +129.4% $114 / Sq Ft
04/18/2017 04/18/17 Sold $109,000 -0.7% $50 / Sq Ft View Prior Sale
03/15/2017 03/15/17 Pending -- -- --
02/01/2017 02/01/17 For Sale $109,750 -- $50 / Sq Ft
Source: OneKey® MLS

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 $8,197 $248,000 $15,700 $232,300
2023 $8,197 $248,000 $15,700 $232,300
2022 $7,520 $176,000 $7,700 $168,300
2021 $6,843 $146,700 $7,000 $139,700
2020 $4,581 $124,300 $7,000 $117,300
2019 $1,786 $76,000 $7,000 $69,000
2018 $1,786 $76,000 $7,400 $68,600
2017 $2,592 $51,100 $7,400 $43,700
2016 $2,876 $55,600 $7,400 $48,200
2015 -- $58,500 $7,400 $51,100
2014 -- $65,000 $7,400 $57,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: H6306782

OneKey® MLS

APN: 331100-038-000-0004-032.000-0000