59-61, Newburgh, NY 12550

• 29,000 sqft

Property Description

RARE MIXED-USE PORTFOLIO | FIRST TIME OFFERED | 3 SEPARATE INCOME-PRODUCING PARCELS -- An outstanding opportunity to acquire a long-held, fully occupied portfolio of residential and commercial income-producing properties, now hitting the market for the first time. This offering includes three separate tax parcels, each with unique characteristics and strong cash flow. *Parcel 1: Income-Generating Parking Lot-Approx. 40-car rented lot -Fully leased with consistent monthly income - Low overhead, low maintenance investment. ** Parcel 2: Multi-Use Building with Apartments - Two ground-floor commercial storefronts with established tenants -17 residential apartments above, including a mix of Studios, One-bedroom units and Two-bedroom units. High occupancy and stable rental history. Excellent upside potential with modern upgrades - Below market rents. ***Parcel 3: Historic Mixed-Use Building (The Brewster Hook and Ladder Company firehouse, built in 1862 - now the Newburgh Mercantile, a gift store and framing shop) Charming historic structure featuring a classic stone fireplace façade- Ground floor commercial retail space + two upper-level office suites, fully leased. Three tax parcels offered as a portfolio - Desirable, well-trafficked location -Value-add potential through renovation or redevelopment --Ideal for investors seeking a balanced mix of commercial and residential assets. This is a generational opportunity to secure a highly visible, income-producing asset with historic charm and development upside.

Listing Status:

Pending

Data Last Updated:

May 11, 2026 at 2:22PM

Listing Office:

RE/MAX Benchmark Realty Group : 845-565-0004

MLS ID:

861108

Interior

• Basement: Unfinished
• Flooring: Carpet
• A/C: Central AirVaries by Unit
• Heating: Natural Gas

Exterior

• Parking: Off StreetParking LotPrivateParking spaces: 40

Location

• Road/Access: Municipal
• Originating MLS: onekey2
• School District: Newburgh
• County: Orange County

Lot

• Zoning: 331100-037-000-0002-001.000-0000
• View: Mountain(s)

Utilities

• Utilities: Cable ConnectedElectricity ConnectedNatural Gas ConnectedSewer ConnectedTrash Collection PublicWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2