226 Montgomery Street,Newburgh, NY 12550
Newburgh, NY 12550
Description
A rare river-view gem of a trophy investment property on the Hudson! 226 Montgomery Street is a magnificent circa-1870 brick residence thoughtfully converted into five beautifully renovated apartments. This stately property has kept its historic pomp: sky-high ceilings, oversized windows, decorative fireplaces, original architectural details, and graciously proportioned rooms. At the same time, its conversion to multifamily use makes it a practical investment property, with fantastic tenants who treat it like home. Recent roof and woodwork renovations, along with attractive tax abatements, help make future pro forma projections more predictable. The five residences include one 3-bedroom, one 2-bedroom, and three 1-bedroom apartments, each with its own distinct character and views. The property also offers off-street parking, a yard with a view, and a deck. All five apartments are currently leased. Preserved architecture, substantial scale, renovated interiors, and desirable river-view location on peaceful Montgomery St! Welcome to a keen opportunity to acquire a landmark-quality multifamily property with strong existing income and enduring architectural appeal.
Details
| MLS # | 1060319 |
|---|---|
| Listing Type | For Sale |
| Style | Multi-Family |
| Sub-Type | Resale |
| Status | Active |
| Year | 1870 |
| Days On Site | 27 |
| Listing Provided By | ReAttached | Sarah Beckham Hooff |
Features
| SQ Feet | 6,770 |
|---|---|
| Basement | Y |
| Units | 5 |
| Zoning | RL |
| Acreage | 0.25 |
Interior
| Cooling | None |
|---|---|
| Heating | Radiant |
Exterior
| Construction Materials | Brick |
|---|
Parking
| Parking Features | Driveway |
|---|
Utilities
| Utilities | Electricity Connected, Sewer Connected, Trash Collection Public, Water Connected |
|---|---|
| Sewer | Public Sewer |
Taxes
| Tax Year | 2026 |
|---|---|
| Tax Assessed Value | 724500 |
| Tax Annual Amount | 18373.74 |
Area Information
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| Listing VS Median (in 12550) | |
Price: $1,285,000 low | high Med: $398,893 sqft: 6,770 low | high Med: 2,476 $ / sqft: $190 low | high Med: $161 On site: 27 low | high Med: 183 | |
Market Activity 12550
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Learn More About This Property
| State | NY |
|---|---|
| County | Orange County |
| City | Newburgh |
| Zip Code | 12550 |
| Listing VS Median (in 12550) | |
Price: $1,285,000 low | high Med: $398,893 sqft: 6,770 low | high Med: 2,476 $ / sqft: $190 low | high Med: $161 On site: 27 low | high Med: 183 | |
 | $1,100,000277 Grand StreetNewburgh, NY 12550 |
270 Main Street
Cornwall, NY 12518
845-534-7874
Hours of Operation
Specializing in Buying and
Selling Real Estate in Cornwall,
NY and surrounding areas.
Fair House Notice
SOP for Purchasers of Real Estate
