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73 Courtney Ave
Newburgh, NY 12550
Four-Family Available in the City of Newburgh · Multifamily Property For Sale
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4 Units
PROPERTY FACTS
ABOUT 73 COURTNEY AVE , NEWBURGH, NY 12550
Available four-family brick investment property located in the City of Newburgh, at the corner of South Lander and Courtney Avenue. The property has been fully gutted. Framing has been completed for (four) 1-bedroom, 1 bath apartments. Rough plumbing completed as well. The building has a total SF of 4,512 and comes with its own driveway. The ground floor has been left vacant on purpose, with the intention of converting it back to commercial use. The property is located within a short walking distance to the waterfront and restaurants along the Liberty Street corridor. Rent for a 1 bedroom in this area is projected at $1150/unit. NOI (pro forma) of $33,120. Cash Offers Only. Being Sold As Is.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
PROPERTY TAXES
| Parcel Number | 331100-048-000-0012-011.000-0000 | Improvements Assessment | $260,800 |
| Land Assessment | $39,200 | Total Assessment | $300,000 |
PROPERTY TAXES
