About 87 Overlook Place
OUTSTANDING MULTI-FAMILY INVESTMENT PROPERTY - Historic and vibrant City of Newburgh, NY this three unit building offers two rare three bedroom units, a two bedroom unit plus an upside of a possible lower level studio (variance required) which is not included in the financial statement. Current net operating income of $49,953. Tenants are responsible for their own utilities including heat, hot water and electricity. Owner covers snow removal, lawn care, water and sanitation. Well maintained building with many bonuses including reliable up to date tenants, quiet area and low maintenance. Located just two blocks from Washington's Headquarters, the heart of Newburgh's revitalization on Liberty Street and the ever popular Newburgh Waterfront with its shops, restaurants and entertainment. The apartments span the entire floor of each level and offer hardwood flooring, ample closets, eat in kitchen and storage. Just minutes to major highways (I-84 and I-87), shopping, schools, parks, Mount Saint Mary College and SUNY Orange, Metro North, City of Beacon, Storm King Art Center and Dia Beacon.
Features of 87 Overlook Place
| MLS® # | 847273 |
|---|---|
| Price | $529,000 |
| Sold Price | $510,000 |
| Date Sold | July 23rd, 2025 |
| Bedrooms | 8 |
| Bathrooms | 3.00 |
| Full Baths | 3 |
| Square Footage | 3,159 |
| Acres | 0.00 |
| Taxes | $8,995 |
| Year Built | 1900 |
| Type | Residential Income |
| Sub-Type | Triplex |
| Style | Victorian |
| Status | Closed |
Community Information
| Address | 87 Overlook Place |
|---|---|
| City | Newburgh |
| County | Orange County |
| State | NY |
| Zip Code | 12550 |
| Adult 55+ Community | No |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Parking | On Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior | Hardwood, Linoleum |
|---|---|
| Interior Features | Eat-in Kitchen, Entrance Foyer, High Ceilings |
| Heating | Baseboard |
| Cooling | None |
| Has Basement | Yes |
| Basement | Finished |
| Fireplace | No |
Exterior
| Lot Description | Back Yard, Level |
|---|---|
| Exterior | Brick, Frame |
School Information
| District | Newburgh |
|---|---|
| Elementary | Newburgh |
| Middle | Newburgh |
| High | Newburgh Free Academy |
Additional Information
| Date Listed | April 10th, 2025 |
|---|---|
| Days on Market | 61 |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Corcoran Baer & McIntosh |
|---|