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Listing Details

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School Ratings & Info

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Description

This architect designed renovation by owner AC H cek Architecture is a beautiful mid century modern live/work and commercial space in the heart of Newburgh's downtown Historic District. The commercial space faces the street and the residential space is in the rear with eastern and northern light, high ceilings, polished concrete floors and exposed wood beams and all high end appliances. The storefront has large, continuous floor-to-ceiling windows. The apartment's central open space hosts cooking, dining and living. A free-standing wall separates this main room from a studio work area, providing privacy while keeping the open plan layout. The bedroom extends out to the private garden bordered by a gabion retaining wall and a Vinca-planted rise. The commercial space is zoned for restaurant/take out and the residential is currently rented under a two-year lease. The commercial space has a 2 year lease, providing good income to support the investment. Further development potential here since this is is in the Opportunity Zone in the Downtown District where 5 story development is possible and especially given the side yard is 27' x 100' deep. Located on a quiet one-way street, the building is near the public library and other government buildings, and only a short walk to the restaurants and cafes, art galleries and waterfront!

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© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-21T00:17:18.827.
www.barbaracarterteam.com/homes/109676417
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100 3rd Street Newburgh, NY 12550

  • Price: $489,000
  • Status: Active
  • Updated: 110 min ago
  • MLS #: H6058332
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1973
Built
Neighborhood:
Newburgh City
County:
Orange
Area:
Newburgh City
School District:
Newburgh
Property Description
This architect designed renovation by owner AC H cek Architecture is a beautiful mid century modern live/work and commercial space in the heart of Newburgh's downtown Historic District. The commercial space faces the street and the residential space is in the rear with eastern and northern light, high ceilings, polished concrete floors and exposed wood beams and all high end appliances. The storefront has large, continuous floor-to-ceiling windows. The apartment's central open space hosts cooking, dining and living. A free-standing wall separates this main room from a studio work area, providing privacy while keeping the open plan layout. The bedroom extends out to the private garden bordered by a gabion retaining wall and a Vinca-planted rise. The commercial space is zoned for restaurant/take out and the residential is currently rented under a two-year lease. The commercial space has a 2 year lease, providing good income to support the investment. Further development potential here since this is is in the Opportunity Zone in the Downtown District where 5 story development is possible and especially given the side yard is 27' x 100' deep. Located on a quiet one-way street, the building is near the public library and other government buildings, and only a short walk to the restaurants and cafes, art galleries and waterfront!
Exterior Features

Construction Materials BlockBrick Loading Docks 0

Interior Features

Cooling Central Air Cooling YN Yes

Property Features

Business Type Office Operating Expense 11776.00 Property Sub Type Office Property Type Commercial Sale Tax Annual Amount 4558.00 Zoning Description Live/WorkRestaurant W/Take Out

Listing courtesy of Rosemary Lee of Apple2orange Realty.
© 2021 OneKey MLS. All rights reserved.


© 2021 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Barbara Carter Team | Century 21 Alliance Realty Group. Data last updated: 2021-09-21T00:17:18.827.
 
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Barbara Carter Team | Century 21 Alliance Realty Group
652 Route 299, Suite 100
Highland NY, 12528