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257 Broadway

Newburgh NY 12550

6404 sq. ft.
2250 sq. ft.
Duplex
Currently for sale - view listing

Overview

100% occupied Mixed-use building with 2-2BR Residential above and two commercial units on Broadway level. Second commercial unit needs a little construction to complete (not currently rented) Gross Rental Income currently $61,500 annually. With 2nd commercial space leased, Gross rental income is projected at $85,500 with NOI of $64,795.

Features

6404 sq. ft. floor area
2250 sq. ft. lot size
Duplex

Property history for 257 Broadway

2019
Sold
Undisclosed
04 Jun 2019 by Bruna Rondinelli

Happy sellers in Newburgh

96%
96% of sellers in Newburgh reported that their sale price either exceeded or met their price expectations.

Newburgh stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Newburgh over the last 12 months.

Local market activity for duplexes in Newburgh

In the last 12 months, 52 duplexes similar to 257 Broadway, have been sold.

This represents a 21% increase in duplexes sales when compared to the previous 12 months.

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