*Exceptional Investment Opportunity!*
Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success.
*Key Highlights:*
- *Strong Cap Rate*: 10.5%+ potential for high returns on investment
- *Renovated Property*: Modern amenities and reduced maintenance costs
- *Prime Location*: Scenic views and growth potential in Newburgh's heart
- *Income Potential*: 4-unit building with stable rental income potential
*Schedule a showing today* and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
Sold for $585,920
$585,920
163 Chambers Street, Newburgh, NY 12550
9beds
2,880sqft
Quadruplex, Multi Family
Built in 1890
-- sqft lot
$-- Zestimate®
$203/sqft
$2,512 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,512/mo
Zestimate® history
Owner options
List your home for rent
$2,512/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$2,512/mo
Rent Zestimate®
Refinance and save
$4,063/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$4,063/mo
Est. payment
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List your homeWhat's special
Brick buildingModern amenities
Zillow last checked:
Listing updated:
Listed by:
Joseph Polatseck 646-526-2751,
Joseph Polatseck 646-526-2751
Bought with:
Michael Finger, 10401289633
RE/MAX Distinguished Hms.&Prop
Source: OneKey® MLS as distributed by MLS GRID,MLS#: 893445
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Other
Cooling
- Wall/Window Unit(s)
Features
- Other
- Has fireplace: No
Interior area
- Total structure area: 2,880
- Total interior livable area: 2,880 sqft
Property
Features
- Fencing: Back Yard
Lot
- Size: 2,500 sqft
Details
- Parcel number: 3311000180000004007.0000000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Slab
Condition
- Updated/Remodeled
- Year built: 1890
Utilities & green energy
- Gas: Separate Gas Meters: 3
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
Community & neighborhood
Location
- Region: Newburgh
Other
Other facts
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 11/26/2025 | Sold | $585,920-0.5%$203/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #893445 Report a problem | ||
| 9/2/2025 | Pending sale | $589,000$205/sqft |
Source: OneKey® MLS as distributed by MLS GRID #893445 Report a problem | ||
| 7/24/2025 | Listed for sale | $589,000+12.2%$205/sqft |
Source: OneKey® MLS as distributed by MLS GRID #893445 Report a problem | ||
| 9/22/2023 | Listing removed | -- |
Source: OneKey® MLS as distributed by MLS GRID #H6264888 Report a problem | ||
| 9/4/2023 | Listed for sale | $525,000+1515.4%$182/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6264888 Report a problem | ||
| 1/24/2018 | Sold | $32,500-57.5%$11/sqft |
Source: Public Record Report a problem | ||
| 1/7/2005 | Sold | $76,546$27/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $420,000 +54% |
| 2024 | -- | $272,800 +10% |
| 2023 | -- | $248,000 +0.4% |
| 2022 | -- | $247,000 +20% |
| 2021 | -- | $205,800 +18% |
| 2020 | -- | $174,400 +27.4% |
| 2019 | -- | $136,900 +265.1% |
| 2018 | -- | $37,500 +15% |
| 2017 | $4,135 | $32,600 -40.5% |
| 2016 | -- | $54,800 -8.1% |
| 2015 | -- | $59,600 -10% |
| 2014 | -- | $66,200 -23.3% |
| 2013 | -- | $86,300 -12% |
| 2012 | -- | $98,100 -17.4% |
| 2011 | -- | $118,800 -2.2% |
| 2010 | -- | $121,500 -34.9% |
| 2009 | -- | $186,700 +411.5% |
| 2007 | -- | $36,500 |
| 2006 | -- | $36,500 |
| 2005 | -- | $36,500 |
| 2004 | -- | $36,500 |
| 2002 | -- | $36,500 |
| 2001 | -- | $36,500 |
| 2000 | -- | $36,500 |
Find assessor info on the county website
Neighborhood: 12550
Nearby schools
GreatSchools rating
- 7/10Horizon On The Hudson Magnet SchoolGrades: PK-5Distance: 0.2 mi
- 3/10South Middle SchoolGrades: 6-8Distance: 1 mi
- 3/10Newburgh Free Academy Main CampusGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
- High: Newburgh Free Academy
Source: OneKey® MLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
- New York
- Orange County
- Newburgh
- 12550
- 163 Chambers Street
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