Listed by Brick and Mortar RE LLC
$189,000
317 Liberty Street
Details
APN 331100-011-000-0005-007.000-0000
Property Type Retail
Sub Type Storefront, Restaurant
Units 2
NOI $13,012
Year Built 1860
Acreage 0.030
Retail
Marketing description
Check out this investment opportunity. The property includes one three-bedroom apartment and a deli commercial space. Both units are long-term tenants. The store has mini-splits for heating and cooling, and the apartment has electric baseboard heat.
Since this property is located in Downtown Newburgh, there are many amenities close by. Including charming shops, restaurants, and cafes on the Liberty St corridor, featuring local eateries such as; Ms. Fairfax, Betty's Snack Bar, The Wherehouse, & Cafe Little Treasure. You'll also find a vibrant nightlife scene with bars like; Untouchables, Newburgh Brewing Company, & 190 Bar. Within the downtown area you can also find Downing Park, built by Central Park architect Calvert Vaux, as well as, SUNY Orange, Mount St. Mary's College, galleries, studio rentals, bodegas, a great library, & George Washington Historical Park. The Newburgh Waterfront with all of its restaurants is just a short walk away. Also New York Stewart International Airport is right outside of town!
Listing Contacts
Listed by Brick and Mortar RE LLC
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$13,012.00
$1,084.33/mo
Valuation Metrics
0
DSCR
6.88%
Cap Rate
6.88%
ROI
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