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Executive Summary

Rare mixed-use opportunity offering exceptional flexibility for owner-users and investors alike! This well-maintained property features approximately 2,300 square feet of combined residential and professional office space. The main level offers approximately 1,000 square feet currently configured as a professional office with a welcoming reception area, waiting room, multiple private treatment/exam rooms, office space, and bathroom. The flexible layout also presents the potential for conversion to expanded residential living space, subject to municipal approvals. The second level features a spacious residential apartment of approximately 1,300 square feet with a separate entrance, currently tenant occupied, providing immediate income potential. Additional highlights include approximately seven off-street parking spaces, a carport, storage shed, new furnace, and excellent visibility with convenient access to major roadways, shopping, and local amenities. A unique opportunity for professional office users, owner-occupants, or investors seeking a versatile income-producing property.

Taxes & Operating Expenses (Actual - 2026)

Annual Annual Per SF
Taxes $34,021,600 $14,792.00
Operating Expenses - -

Taxes & Operating Expenses (Actual - 2026)

Taxes
Annual $34,021,600
Annual Per SF $14,792.00
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $34,021,600
Annual Per SF $14,792.00

Property Facts

Sale Type
Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
2,300 SF
Building Class
C
Year Built
1974
Price
$525,000
Price Per SF
$228.26
Tenancy
Single
Building Height
2 Stories
Typical Floor Size
1,150 SF
Building FAR
0.31
Lot Size
0.17 AC
Zoning
RL - RL (Residential Low Density). Existing mixed - use property with professional office and residential apartment. Buyers to verify permitted uses.
Parking
4 Spaces (1.74 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
331100-002-000-0008-006.000-0000
Land Assessment
$53,100 (2025)
Improvements Assessment
$436,900 (2025)
Total Assessment
$490,000 (2025)
Annual Taxes
$34,021,600 ($14,792.00/SF)
Tax Year
2026
  • Listing ID: 41278402

  • Date on Market: 7/14/2026

  • Last Updated:

  • Address: 3 Pierces Rd, Newburgh, NY 12550

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