25 Carpenter AveNewburgh, NY 12550

For Sale
$1,399,000

Prime Newburgh location, 3,824 sq ft building, 4 lots.

Overview

Added:
Feb 3
Days on market:
40
This exceptional investment opportunity presents a unique chance to acquire four combined lots totaling over 12,000 square feet in the vibrant city of Newburgh, New York. The property features a substantial 3,824-square-foot building, previously used as a lumberyard and sawmill. The building boasts multiple bays and an industrial-sized door, easily accommodating large trucks. Its strategic corner location, just a block from Broadway, ensures high visibility and accessibility. Preliminary plans are available for conversion into a mixed-use complex, encompassing 88 apartment units across four stories, with ground-floor commercial spaces. Importantly, this project requires no Architectural Review Committee (ARC) approval. The property's convenient location offers easy access to major transportation arteries, including proximity to Route 17K, I-84, Beacon Metro-North, and Stewart International Airport. A commute to New York City is approximately 75 minutes. Downtown Newburgh's amenities and services are within walking distance. The property is zoned RL. This presents a remarkable opportunity for investors and business owners to capitalize on the burgeoning Newburgh real estate market. An adjacent 5,250-square-foot parcel is also available for purchase (separate MLS listing #6301761). This combined offering presents an even more significant development potential. Schedule a private showing to fully appreciate the potential of this remarkable property.

Property Details for 25 Carpenter Ave

Property type
Other commercial real estate
Square Feet
3,824 SF
Lot Size (sq. ft)
12,197 SF

Location Insight

City
Newburgh
County
Orange County
State
New York
Latitude
41.5015
Longitude
-74.01868
25 Carpenter Ave, Newburgh, New York

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25 Carpenter Ave
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