415 Grand St

Newburgh NY 12550

4754 sq. ft.

15000 sq. ft.

Duplex

Currently for sale - view listing

Overview

CALLING ALL INVESTORS OR OWNER OCCUPANTS!!! A compelling investment opportunity in the heart of Newburgh’s Historic District, 415 Grand Street offers the rare combination of architectural character, scale, and long-term upside sitting at a 8.68% cap. Set among some of the city’s most striking period homes, this property stands as a testament to Newburgh’s 19th-century craftsmanship—where ornate details, strong bones, and timeless proportions create value that modern construction simply cannot replicate. For investors and visionaries, this is a chance to acquire a historic asset in a district experiencing renewed momentum, driven by continued private redevelopment, proximity to the Newburgh Waterfront, and easy access to Metro-North. Historic designation not only preserves character but enhances desirability, supporting higher-end repositioning, strong rental demand, and long-term appreciation. Whether restored to its former grandeur or thoughtfully modernized while honoring its past, 415 Grand Street presents significant upside in one of the Hudson Valley’s most promising urban markets. This is not just a property—it’s an opportunity to own history, create value, and be part of Newburgh’s next chapter.