Property Listing Description

For Sale sold
Newburgh87 Liberty Street
$ 449000
  • 87 Liberty Street looking south
  • 87 Liberty Street kitchen sink
  • 87 Liberty Street apartment chandelier
Mixed-Use Building for Sale 87 Liberty Street in Newburgh 87 Liberty Street, Newburgh New York 12550

Washington Headquarters on Liberty Street is an historic landmark national park on Liberty Street

87 Liberty is walkable to Washington’s Headquarters, a national historic landmark. It is situated among the many restaurants and shops popping up in Newburgh’s East End Historic District.

Contact Hannah Brooks to tour this beautiful building by texting to:  718-614-2612 

DESCRIPTION

Price: $449,000

Here is your chance to own one of the prettiest historic brick buildings on Liberty St., located just across from Washington HQ, and a few doors down from the Liberty St Bistro!

Ground floor

The ground floor is an ~ 800sf, well-kept storefront.

It has a generous bathroom and small extension that allows entrance into the back garden.

The space is metered separately for electric and heat.

Second floor

The second floor has a charming ~650-700 sf apartment with high ceilings, decorative mantle, and fixtures, with a large LR, eat-in kitchen, and a small BR and bath, and is about 650 to 700 sf.

Top floors

The top two floors are combined into a larger apartment with at least two bedrooms, along with smaller rooms that can be additional smaller bedrooms or good office or studio spaces.

There are a recent kitchen and bath renovation, including W/D in the larger apt. Apts have high ceilings, very large windows and loads of natural light.

Front windows overlook Washington HQ and have seasonal views of the river. The building is in a perfect location and has been well-cared for (new roof 2014, and updated plumbing/electric) so there is minimal maintenance.

Stable tenants

Great, stable tenants paying rents that include utilities and fees.  Excellent potential for live/work option, or the investor who enjoys a trouble-free rental property. Text for more information.

Up and coming Liberty Street

Liberty Street has established itself in recent years as the corridor for trendy shops and restaurants in Newburgh.

FEATURES

  • Walkable to Newburgh/Beacon Ferry Landing
  • Easy access (less than 1/8 mile) to I-84
  • 1.5 miles to I-87 (NYS Thruway)
  • 1 mile to Beacon/Newburgh Bridge
  • 5 miles to Stewart International Airport
  • Neighborhood: Washington’s HQ/Liberty St the up and coming district with shops, restaurants and galleries
  • Distance to NYC: 57.9 mi, 1 hour 2 mins
  • Google Map

Mixed-Use on Broadway and Liberty Street in Newburgh, N.Y.

Residential–commercial or mixed-use properties have been integral in American towns and cities for centuries.

Known as the “Main Street” model, mixed-use real estate usually includes a two or three-story building with residential units on the upper floors and commercial units on the ground floor — street-facing.

These types of properties are enjoying a resurgence in Newburgh as interest in them by property investors continues to grow.

Live/Work

Thanks to recently revised zoning codes “live + work” commercial real estate properties are also enjoying a renewed interest in Newburgh!

Read about Newburgh’s recent zoning regulation changes here to understand the city’s vision for encouraging both mixed-use and live-work development.

87 Liberty is in Newburgh’s East End Historic District. Buildings in the East End qualify for certain historic property investment tax breaks.

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