Check out this rare opportunity to own a beautiful two family brick row house. Each apartment has 2 floors. Buyers might consider living in one unit and renting the other to pay the mortgage. The building was gutted and completely renovated in 1994 and has had updates since then. Gas & electric are split & paid by tenants. Tenants are long term and on month to month leases. Rents are scheduled to go up 12/1/24 to #1 $1,533 and #2 $1,134. There are multiple amenities close by in downtown Newburgh & It is close to Downing Park designed by Central Park landscape architect Fredrick Olmstead and near many charming shops and cafes on the Liberty St corridor. The property is close to NY Stewart International Airport and other nearby amenities including SUNY Orange, Mount St. Mary's College, shopping, cafes, restaurants, galleries, studio rentals, post office, bars, Washington’s Headquarters Historic site, Newburgh Waterfront and the Ferry to the Metro North Train Station & NY City.
Sold for $335,000
$335,000
181 First Street, Newburgh, NY 12550
5beds
2,450sqft
Duplex, Multi Family
Built in 1900
-- sqft lot
$359,300 Zestimate®
$137/sqft
$2,262 Estimated rent
Home value
$359,300
$313,000 - $413,000
$2,262/mo
Zestimate® history
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$2,316/mo
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Zillow last checked:
Listing updated:
Listed by:
Daniel Gilbert 845-283-3561,
Brick and Mortar RE LLC 845-283-3561,
Eli A. Vaknin 845-423-9510,
Brick and Mortar RE LLC
Bought with:
Juwel Isaac, 10401300736
Charles Rutenberg Realty, Inc.
Source: OneKey® MLS as distributed by MLS GRID,MLS#: H6324068
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Baseboard
Cooling
- None
Features
- Basement: Finished
- Attic: Finished
Interior area
- Total structure area: 2,450
- Total interior livable area: 2,450 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Lot
- Size: 2,901 Square Feet
- Features: Near Public Transit, Near School, Near Shops, Historic District
Details
- Parcel number: 3311000300000002006.0000000
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex, Multi Family
Materials
- Brick
Condition
- Estimated
- Year built: 1900
- Major remodel year: 1994
Utilities & green energy
- Gas: Separate Gas Meters: 2
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Trash Collection Public
Community & HOA
HOA
- Has HOA: No
- Amenities included: Park
Location
- Region: Newburgh
Financial & listing details
- Price per square foot: $137/sqft
- Tax assessed value: $111,800
- Annual tax amount: $3,204
- Date on market: 12/27/2024
- Cumulative days on market: 63 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash
- Tenant pays: Electricity, Gas, Heat
Price history
| Date | Event | Price |
|---|---|---|
| 3/25/2025 | Sold | $335,000-1.5%$137/sqft |
Source:  OneKey® MLS as distributed by MLS GRID #H6324068 Report a problem | ||
| 12/27/2024 | Pending sale | $340,000$139/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6324068 Report a problem | ||
| 9/16/2024 | Price change | $340,000-9.3%$139/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6324068 Report a problem | ||
| 9/3/2024 | Listed for sale | $375,000+472.5%$153/sqft |
Source: OneKey® MLS as distributed by MLS GRID #H6324068 Report a problem | ||
| 2/26/2002 | Sold | $65,500+286%$27/sqft |
Source: Public Record Report a problem | ||
| 2/8/2001 | Sold | $16,967-79.6%$7/sqft |
Source: Public Record Report a problem | ||
| 4/25/2000 | Sold | $83,350-24.2%$34/sqft |
Source: Public Record Report a problem | ||
| 10/14/1997 | Sold | $110,000$45/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | -- | $71,700 -35.9% |
| 2024 | -- | $111,800 |
| 2023 | -- | $111,800 |
| 2022 | -- | $111,800 +20% |
| 2021 | -- | $93,200 +18% |
| 2020 | -- | $79,000 +9.7% |
| 2019 | -- | $72,000 +0.8% |
| 2018 | -- | $71,400 +4.2% |
| 2017 | $2,959 | $68,500 +24.3% |
| 2016 | -- | $55,100 -8% |
| 2015 | -- | $59,900 |
| 2014 | -- | $59,900 -1.3% |
| 2013 | -- | $60,700 -12% |
| 2012 | -- | $69,000 -4% |
| 2011 | -- | $71,900 |
| 2010 | -- | $71,900 -49.8% |
| 2009 | -- | $143,200 +309.1% |
| 2007 | -- | $35,000 |
| 2006 | -- | $35,000 |
| 2005 | -- | $35,000 |
| 2004 | -- | $35,000 |
| 2002 | -- | $35,000 |
| 2001 | -- | $35,000 |
| 2000 | -- | $35,000 |
Find assessor info on the county website
Neighborhood: 12550
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Nearby schools
GreatSchools rating
- 7/10Horizon On The Hudson Magnet SchoolGrades: PK-5Distance: 0.5 mi
- 2/10South Middle SchoolGrades: 6-8Distance: 0.7 mi
- 3/10Newburgh Free Academy Main CampusGrades: 9-12Distance: 0.8 mi
Schools provided by the listing agent
- Middle: Heritage Middle 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.
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Estimated market value
$359,300
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Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$359,300
- New York
- Orange County
- Newburgh
- 12550
- 181 First Street
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