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415 Grand St 4 Unit Apartment Building $1,245,160 CAD ($311,290 CAD/Unit) 7.49% Cap Rate Newburgh, NY 12550

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INVESTMENT HIGHLIGHTS

  • Strong historic character and architectural style
  • River views and desirable location
  • Significant rental income potential

EXECUTIVE SUMMARY

A rare opportunity to own a stately four-unit historic brownstone in the heart of Newburgh’s celebrated East End Historic District. Constructed during the city’s golden architectural era, this commanding property showcases classic period details — high ceilings, grand proportions, and original craftsmanship — while offering the scale and layout modern investors seek.
Spanning approximately 4,754 square feet, the building is configured as four spacious residential units with additional income from basement storage and garage rental. The current income profile provides a strong foundation with clear upside through thoughtful unit enhancements, rent optimization, and continued neighborhood appreciation.
Set along one of Newburgh’s most iconic streets, 415 Grand Street benefits from Hudson River views, proximity to the waterfront, ferry to Beacon, Mount St. Mary College, and Downing Park, and quick access to Metro-North and I-84, making it highly desirable for both long-term tenants and future owner-occupants.
Newburgh’s East End has experienced steady momentum driven by historic preservation, private investment, and lifestyle-driven migration from NYC — positioning this asset as both a cash-flowing investment today and a long-term appreciation play.
Whether you are a seasoned investor, a portfolio builder, or a buyer seeking a flagship historic asset with income, 415 Grand Street represents scale, character, and upside in one of the Hudson Valley’s most compelling markets.

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $1,245,160 CAD
Price Per Unit $311,290 CAD
Sale Type Investment
Cap Rate 7.49%
Gross Rent Multiplier 9.12
No. Units 4
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.35 AC
Building Size 4,754 SF
Average Occupancy 100%
No. Stories 3
Year Built/Renovated 1900/2022
Zoning RL

AMENITIES

UNIT AMENITIES

  • Air Conditioning
  • Microwave
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
331100-004-000-0010-011.100-0000
Land Assessment
$224,268 CAD (2024)
Improvements Assessment
$460,222 CAD (2024)
Total Assessment
$684,490 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2025
  • Listing ID: 39045985

  • Date on Market: 2026-01-11

  • Last Updated:

  • Address: 415 Grand St, Newburgh, NY 12550

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