59-61, 75-77-79 Broadway

Description

RARE MIXED-USE PORTFOLIO | FIRST TIME OFFERED | 3 SEPARATE INCOME-PRODUCING PARCELS -- An outstanding opportunity to acquire a long-held, fully occupied portfolio of residential and commercial income-producing properties, now hitting the market for the first time. This offering includes three separate tax parcels, each with unique characteristics and strong cash flow. *Parcel 1: Income-Generating Parking Lot-Approx. 40-car rented lot -Fully leased with consistent monthly income - Low overhead, low maintenance investment. ** Parcel 2: Multi-Use Building with Apartments - Two ground-floor commercial storefronts with established tenants -17 residential apartments above, including a mix of Studios, One-bedroom units and Two-bedroom units. High occupancy and stable rental history. Excellent upside potential with modern upgrades - Below market rents. ***Parcel 3: Historic Mixed-Use Building (The Brewster Hook and Ladder Company firehouse, built in 1862 - now the Newburgh Mercantile, a gift store and framing shop) Charming historic structure featuring a classic stone fireplace façade- Ground floor commercial retail space + two upper-level office suites, fully leased. Three tax parcels offered as a portfolio - Desirable, well-trafficked location -Value-add potential through renovation or redevelopment --Ideal for investors seeking a balanced mix of commercial and residential assets. This is a generational opportunity to secure a highly visible, income-producing asset with historic charm and development upside.