BEDS0
BATHS
MLS#894116
STATUSActive
PROPERTY TYPECommercial -
SCHOOLNewburgh
Property Description
Prime Mixed-Use Investment Opportunity - 5,786 SF Corner Building in High-Growth AreaOffered for the first time in over two decades, this well-maintained 5,786 square foot mixed-use building is a standout investment opportunity in one of the region's most rapidly developing areas. Owned by the same family for 21 years, the property features a solid rental history with excellent potential for increased income.The ground-floor commercial space is home to a long-standing neighborhood grocery store with stable tenancy. Above the storefront are two spacious residential apartments, each offering four bedrooms, one full bathroom, a large living room, and an eat-in kitchen. Both units have separate private entrances, allowing for flexible use or future redevelopment potential.Situated on a prominent corner lot, this property is surrounded by ongoing development and revitalization, positioning it perfectly to benefit from the area's upward momentum. All rents are currently well below market value, providing immediate opportunity for value-add improvements and increased cash flow.Whether you're an investor looking for strong long-term growth or a developer seeking your next project in a thriving location, this property is a rare find in a market on the rise.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Partial
Cooling: None
Heating: Natural Gas
Lot Size: 0.06 Acres
Taxes: $12,123
Year Built: 1900
Feature Descriptions
Building Area Total: 5786
Days on Site: 338
Exterior: Brick
Heating Units: 1
Maintenance Expense: 2400
Maintenance Expense: 2400
On Market Date: 2025-07-27
Parcel Number: 331100-044-000-0002-008.000-0000
Parking Features: On Street
Rental Term: Monthly
Separate Electric Meters: 3
Sewer: Public Sewer
Trash Expense: 3042
Units: 3
Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Water: Public
Local Schools
High School: Newburgh Free Academy
Middle School: Newburgh
Elementary School: Newburgh
School District: Newburgh
Listed By / Shown By
Listing By
Agency Name: Picture It Sold, LLC
Agency Phone: 845-283-5494
Shown By
Agency Title: Joyce Realty
Agency Phone: (800-275-5692)
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Corporate Headquarters
7 E Central Ave, Unit 15, Pearl River, NY 10965Phone: 800-ASK-JOYCE (800-275-5692)
Joyce Realty® and Logo are registered trademarks of US Patent & Trademark Office: Reg. No. 5,743,966-Ser. No. 88-0075,379. All rights reserved.
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94 William Street | MLS# 894116
This commercial property located at 94 William Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $699,900. William Street is located within the Newburgh school district. Search Newburgh real estate on www.joycerealty.com today.