89 5th Avenue, Newburgh, NY 12550

• 3 beds |
• 2 baths |
• 1,336 sqft

Property Description

Incredible Investment & Development Opportunity! Step back in time with this charming 1800s Colonial situated on a beautiful 3.1-acre parcel offering endless possibilities. This home features 3 bedrooms, 1.5 bathrooms, and a spacious detached two-car garage with impressive 12-foot ceiling, perfect for storage, a workshop, or hobby space. What truly sets this property apart is its exceptional potential. A proposed subdivision for four additional building lots is nearly completed, creating a rare opportunity for investors, developers, or anyone looking to maximize future value. With an existing tenant already in place, buyers may benefit from immediate rental income while exploring future development opportunities. Enjoy the best of both worlds, peaceful country living with convenient access to parks, shopping, restaurants, schools, and major commuter routes. The picturesque setting, mature trees, and expansive acreage make this a truly special property. Whether you're looking for an investment property, development opportunity, or a charming historic home with room to grow, this unique offering deserves your attention. Long term tenant would love to stay and continue renting. PLEASE do NOT drive up the driveway without a confirmed appointment with a Licensed Agent. Thank you.

Listing Status:

Active

Data Last Updated:

June 12, 2026 at 9:22PM

Listing Office:

Gillespie Real Estate LLC : 845-565-7073

MLS ID:

1010502

Interior

• General: Eat-in Kitchen
• Appliances: Gas RangeRefrigerator
• Laundry: In Kitchen
• Basement: Bilco Door(s)Unfinished
• Flooring: CarpetLinoleum
• A/C: None
• Heating: Hot WaterOilSee Remarks

Exterior

• Style: Colonial
• Other Structures: Porch
• Parking: DetachedParking spaces: 6

Location

• Originating MLS: onekey2
• School District: Newburgh
• County: Orange County

Lot

• Zoning: 334600-069-000-0004-006.100-0000

Utilities

• Utilities: Cable AvailableElectricity ConnectedSewer ConnectedTrash Collection PrivateWater Connected
• Water: Public
• Sewer: Public Sewer

Financial

• Source: onekey2