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72 1/2 Henry Ave 2 Unit Apartment Building $399,000 ($199,500/Unit) Newburgh, NY 12550
Executive Summary
Great investment property in the center of Washington Heights in the City of Newburgh. Three income producing units on an extra wide, potentially subdividable lot: On the first floor a 2 bedroom apartment with back deck and yard access; on the second floor a tidy and recently vacated 1 bedroom apartment; in the rear, a garage rented by a separate small business owner for storage; and to the east a huge yard that begs for a potential subdivision and new investment property to be build. (In this zoning overlay per section 300-31, up to a 3 unit townhome is a use permitted by right with site plan approval after subdivision). Easy to show during weekdays. Seller requests that all buyers review financial details before requesting a showing; please message for a full information packet, zoning details, and extra photos!
Property Facts
| Price | $399,000 | Apartment Style | Townhome |
| Price Per Unit | $199,500 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.12 AC |
| No. Units | 2 | Building Size | 1,452 SF |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1890 |
| Zoning | RL- | ||
| Price | $399,000 |
| Price Per Unit | $199,500 |
| Sale Type | Investment |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 0.12 AC |
| Building Size | 1,452 SF |
| No. Stories | 2 |
| Year Built | 1890 |
| Zoning | RL- |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Numbers | Improvements Assessment | $393,200 | |
| Land Assessment | $76,500 | Total Assessment | $469,700 |
Property Taxes
Parcel Numbers
Land Assessment
$76,500
Improvements Assessment
$393,200
Total Assessment
$469,700
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72 1/2 Henry Ave
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