Log In/Sign Up
Your email has been sent.
415 Grand St 4 Unit Apartment Building $1,245,160 CAD ($311,290 CAD/Unit) 7.49% Cap Rate Newburgh, NY 12550



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.
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 | Apartment Style | Low-Rise |
| Price Per Unit | $311,290 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.35 AC |
| Cap Rate | 7.49% | Building Size | 4,754 SF |
| Gross Rent Multiplier | 9.12 | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 3 |
| Property Type | Multifamily | Year Built/Renovated | 1900/2022 |
| Property Subtype | Apartment | ||
| Zoning | RL | ||
| 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
1 1
PROPERTY TAXES
| Parcel Number | 331100-004-000-0010-011.100-0000 | Total Assessment | $684,490 CAD (2024) |
| Land Assessment | $224,268 CAD (2024) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $460,222 CAD (2024) | Tax Year | 2025 |
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
1 of 21
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
415 Grand St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
