MLS#956229
STATUSActive
PROPERTY TYPECommercial -
SCHOOLNewburgh
Property Description
Set in the heart of Newburgh, this historic multifamily reflects the grit, beauty, and permanence of classic Hudson Valley architecture. Built during a time when craftsmanship mattered, the building offers solid construction, generous proportions, and the kind of character that can't be replicated today - all within a region increasingly sought after by city buyers and long-term investors alike.The property features 6 legal in-place residential units plus separate garage income, providing immediate, stabilized cash flow. Adding to the opportunity are 2 city-approved basement units, offering a thoughtful value-add path for investors looking to enhance returns while respecting the integrity of the structure. All future construction is to be completed in accordance with the approved site plan and sprinkler plan.Newburgh continues to benefit from its proximity to the Hudson River, Metro-North access, and the broader migration to the Hudson Valley driven by lifestyle, affordability, and historic charm. This asset represents a compelling blend of old-world character and modern investment potential, ideal for a 1031 exchange buyer or long-term holder seeking both yield and story.
Property Features
Property Type: Commercial -
Basement: Yes
Basement: Finished
Cooling: Wall/Window Unit(s)
Heating: Natural Gas
Lot Size: 0.09 Acres
Stories: 3.0
Taxes: $22,235
Year Built: 1880
Feature Descriptions
Building Area Total: 5320
Days on Site: 78
Exterior: Brick, Frame
Fencing: Back Yard
Flooring: Tile, Wood
Heating Units: 2
House Faces: East
On Market Date: 2026-01-28
Other Structures: Garage(s)
Parcel Number: 331100-018-000-0006-006.000-0000
Parking Features: On Street
Property Attached Y/N: 1
Rental Term: Monthly
Separate Electric Meters: 7
Separate Gas Meters: 2
Sewer: Public Sewer
Tenant Pays: Electricity
Units: 6
Utilities: Electricity Connected, Natural Gas 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: RE/MAX Benchmark Realty Group
Agency Contact: 845-565-0004
Shown By
Agency Title: Coldwell Banker Choice Properties
Agency Phone: 833-88-CHOICE (2-4642)
Broker Headquarters, 621 Columbia St. Suite 800, Cohoes, NY 12047
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203 Grand Street | MLS# 956229
This commercial property located at 203 Grand Street, Newburgh, NY 12550 is currently listed for sale with an asking price of $1,100,000. Grand Street is located within the Newburgh school district. Search Newburgh real estate on www.coldwellbankerchoice.com today.