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$1,625,000
Est. payment /mo
5,000 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 919250
Rental Info No
Year Built 1870
Annual Tax Amount $20,979
Lot Size 5,000 Sqft
Acres 0.1148
Property Sub-Type Multi Family
Source onekey2
Property Description
Perched on Bay View Terrace, Newburgh's most picturesque bluff street with sweeping Hudson River views, 2 Courtney Avenue is a six-unit Victorian stunner that has undergone a full-scale designer renovation. Once derelict, the property has been meticulously transformed by its current owner into a crown jewel of the neighborhood - both architecturally and financially. Behind its timeless exterior are six fully restored units that blend historic charm with modern finishes, offering a turnkey experience for investors and tenants alike.
Currently configured as five long-term rentals and one high-performing short-term unit, the property has a successful track record as a full short term rental operation, demonstrating strong income potential and operational flexibility. A separately deeded lot across the street is included in the sale, preserving unobstructed river views over the long-term. With proven income history and a prime position in one of the most desirable pockets of the city, this is a rare opportunity to own a fully stabilized, visually striking, and cash-flowing asset. Financials and additional details available upon request.
Currently configured as five long-term rentals and one high-performing short-term unit, the property has a successful track record as a full short term rental operation, demonstrating strong income potential and operational flexibility. A separately deeded lot across the street is included in the sale, preserving unobstructed river views over the long-term. With proven income history and a prime position in one of the most desirable pockets of the city, this is a rare opportunity to own a fully stabilized, visually striking, and cash-flowing asset. Financials and additional details available upon request.
Location
State NY
County Orange County
Rooms
Basement Unfinished
Interior
Heating Electric, Heat Pump
Cooling Ductless
Fireplace No
Exterior
Parking Features Driveway
Utilities Available Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected
Waterfront Description River Front
View Mountain(s), River
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Others
Special Listing Condition None
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Listed by ReAttached • Sarah Beckham Hooff