NOT LISTED FOR SALE

99 Dubois St Newburgh, NY 12550

25 Beds
15.5 Baths
10,056 Sq Ft
0.31 Acres

Last Sold March 04, 2019

Last sale price $1,375,000 $137 Per Sq Ft

132 Days on Market

Highlights

  • The property is located in a historic district
  • Corner Lot
  • Eat-In Kitchen
  • Property is near public transit
  • Granite Countertops
  • 4-minute walk to Downing Park

About This Home

As of March 2019

3 pristine historic brick buildings being offered for sale, located in Newburgh, NY. The portfolio includes 15 fully rented units with a Gross Rental Income of $197,100. Most units have been beautifully renovated with granite counter tops, new appliances, hardwood floors and tile baths. All units are currently professionally managed and are kept clean and well maintained. The location of these buildings is every tenants dream; adjacent to historic Downing Park (offering river views), and a short walk to downtown Newburgh's shops, restaurants, parks, museums, galleries, the waterfront and multiple forms of transportation, including a ferry to Beacon. All properties are located within a short drive of I-84, I-87, Route 9W and Route 17K giving tenants easy access to the surrounding Hudson Valley and beyond. In addition, all of the buildings are located in a qualified opportunity zone, providing a tax incentive for any investor. Additional financial information is available.

Last Agent to Sell the Property

Jay Feinberg

Keller Williams Hudson Valley Brokerage Phone: 845-610-6065 License #10301202659 Listed on: 06/27/2018

Keller Williams Hudson Valley

Co-Listed By

Nathan Kanney

Keller Williams Hudson Valley Brokerage Phone: 845-610-6065 License #10401295356

Last Buyer's Agent

Jay Feinberg

Keller Williams Hudson Valley Brokerage Phone: 845-610-6065 License #10301202659 Listed on: 06/27/2018

Keller Williams Hudson Valley

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $25,791

Year Built

  • Built in 1900 | Remodeled in 2017

Lot Details

  • 0.31 Acre Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • On-Street Parking

Home Design

  • 10,056 Sq Ft Home
  • Brick Exterior Construction

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 25 Bedrooms

Location

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

Schools

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

Utilities

  • No Cooling
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tenant pays for electricity, heat
  • Assessor Parcel Number 331100.022.000-0003-004.000/0000

Community Details

Overview

  • 15 Units

Recreation

  • Park

Building Details

  • 15 Separate Electric Meters
  • 15 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$25,791

Year Built

Built in 1900 | Remodeled in 2017

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1900
  • Year Built Effective: 2017
  • Attribution Contact: 845-610-6065
  • Co List Office Mls Id: ONEKWHV03
  • Co List Office Phone: 845-610-6065
  • Village: None
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2017

Interior Features

  • Interior Amenities: Eat-in Kitchen, Granite Counters
  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 15
  • Half Bathrooms: 1
  • Total Bedrooms: 25
  • Living Area: 10056
  • SquareFootage: 10056.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage: No
  • Parking Description: On Street

Utilities

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

Association/Amenities

  • Community Features: Park, Near Public Transportation

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 1759

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.31
  • Lot Dimensions: 13600.0000
  • Lot Size Sq Ft: 13600
  • Lot Size Units: Acres
  • Lot Features: Corner Lot, Historic District, Near Public Transit
  • Parcel Number: 331100.022.000-0003-004.000/0000
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: Electricity, Heat

Multi Family

  • Units Total: 15
  • Separate Electric Meters: 15
  • Separate Gas Meters: 15
  • NumberOf1Bedrooms: 8
  • NumberOf2Bedrooms: 4
  • NumberOf3Bedrooms: 3
  • NumberOf4Bedrooms: 0

Tax Info

  • Tax Annual Amount: 25791
  • Tax Map Number: 331100.022.000-0003-004.000/0000

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2019 03/04/19 Sold $1,375,000 -19.1% $137 / Sq Ft
06/27/2018 06/27/18 Pending -- -- --
06/27/2018 06/27/18 For Sale $1,700,000 -- $169 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: OneKey® MLS

MLS Number: KEY4830084

OneKey® MLS