OUTSTANDING MULTI-FAMILY INVESTMENT PROPERTY - Historic and vibrant City of Newburgh, NY this three unit building offers two rare three bedroom units, a two bedroom unit plus an upside of a possible lower level studio (variance required) which is not included in the financial statement. Current net operating income of $49,953. Tenants are responsible for their own utilities including heat, hot water and electricity. Owner covers snow removal, lawn care, water and sanitation. Well maintained building with many bonuses including reliable up to date tenants, quiet area and low maintenance. Located just two blocks from Washington's Headquarters, the heart of Newburgh's revitalization on Liberty Street and the ever popular Newburgh Waterfront with its shops, restaurants and entertainment. The apartments span the entire floor of each level and offer hardwood flooring, ample closets, eat in kitchen and storage. Just minutes to major highways (I-84 and I-87), shopping, schools, parks, Mount Saint Mary College and SUNY Orange, Metro North, City of Beacon, Storm King Art Center and Dia Beacon.
For sale
$529,000
87 Overlook Place, Newburgh, NY 12550
8beds
3,159sqft
Triplex
Built in 1900
-- sqft lot
$-- Zestimate®
$167/sqft
$-- HOA
What's special
Hardwood flooringAmple closetsTwo bedroom unitEat in kitchenPossible lower level studio
- 14 days
- on Zillow |
- 846 |
- 48 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 07:07am
Listing by:
Corcoran Baer & McIntosh 845-987-2000,
Amy Coccia Wilhelm 845-500-0059
Source: OneKey® MLS,MLS#: 847273

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Baseboard
Cooling
- None
Features
- Eat-in Kitchen, Entrance Foyer
- Flooring: Hardwood, Linoleum
- Basement: Finished
- Attic: Partial
- Has fireplace: No
Interior area
- Total structure area: 3,159
- Total interior livable area: 3,159 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Patio & porch: Covered, Porch
Lot
- Size: 2,500 Square Feet
- Dimensions: 25 x 100
- Features: Back Yard, Level
Details
- Parcel number: 331100.048.0000001010.200/0000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Victorian
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Brick
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1900
- Major remodel year: 1900
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & HOA
Location
- Region: Newburgh
Financial & listing details
- Price per square foot: $167/sqft
- Tax assessed value: $330,000
- Annual tax amount: $8,995
- Date on market: 4/11/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Heat, See Remarks
- Electric utility on property: Yes
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