$930,000
 $4,992 est/mo Sourced by Back At You

47 Lander Street,Newburgh, NY 12550

Newburgh, NY 12550

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Description

47 Lander Street in Newburgh, New York presents a turnkey mixed use investment opportunity in the heart of the historic East End. Situated moments from the revitalization of Grand Street and its upcoming luxury boutique hotel development, this property is positioned to capture strong hospitality demand, elevated visitor activity, and consistent commercial foot traffic. Taken down to the studs, the circa 1870 brick building has undergone a complete, full scale gut renovation with zero deferred maintenance, delivering an exceptional physical asset for commercial operators and portfolio investors. Every building system is newly installed, including a new roof, upgraded electrical service, modern plumbing, mini split heating and cooling systems throughout, and a comprehensive full building fire sprinkler system. The exterior features a prominent corner position, newly poured sidewalks, classic historic architecture, and a private wraparound alleyway with dual access points for seamless operational access. The layout generates immediate diversified revenue across multiple asset classes. The ground level features two fully built out, turnkey commercial and restaurant storefronts equipped for immediate food service or retail operations. The upper levels offer two high finish residential dwellings, including a two bedroom unit and a one bedroom unit, presenting strong rental potential within the Hudson Valley market. Operating commercial business entities are excluded from the real estate sale and negotiable separately. Location fundamentals offer exceptional connectivity and long term value. Located one block from the Broadway commercial corridor and close to the Newburgh Waterfront, this property combines historic district appeal with regional accessibility. The location provides convenient proximity to the Beacon Metro North station with direct service to Grand Central Terminal, Stewart International Airport, Route 9W, Interstate 84, and Interstate 87. 47 Lander Street offers an immediate income producing asset with completely modernized infrastructure in a prime Hudson Valley location.

Details

MLS #1063472
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year2023
Days On Site13
Listing Provided ByFour Seasons Sothebys Intl | Yves S. Bouzaglo

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet5,180
BasementY
Units4
Acreage0.05

Interior

CoolingCentral Air, Multi Units, Zoned
HeatingHeat Pump
Interior FeaturesKitchen Island, Open Kitchen, Original Details

Exterior

Security FeaturesBuilding Security, Fire Alarm, Fire Sprinkler System, Smoke Detector(s), Video Cameras
Construction MaterialsBrick, Frame
Foundation DetailsStone
FencingWood

Parking

Garage Yes / NoNo
Parking FeaturesOn Street, Open

Utilities

UtilitiesElectricity Available, Natural Gas Available, Sewer Connected, Trash Collection Private, Water Available
SewerPublic Sewer

Taxes

Tax Year2025
Tax Assessed Value343000
Tax Annual Amount12825.84

Area Information

StateNY
CountyOrange County
CityNewburgh
Zip Code12550
School DistrictNewburgh Free Academy
Elementary SchoolNewburgh
High SchoolNewburgh Free Academy
Listing VS Median (in 12550)
Price:
$930,000
low | high
Med:
$398,893
100% of Average
sqft:
5,180
low | high
Med:
2,476
100% of Average
$ / sqft:
$180
low | high
Med:
$161
60.266917678531% of Average
On site:
13
low | high
Med:
170
7.647058823529% of Average
Sourced by Back At You

Market Activity 12550

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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS

Contact

Learn More About This Property

Smitchger Realty

Smitchger Realty

 (845) 534-7874sinfo@johnjleaserealtors.com
StateNY
CountyOrange County
CityNewburgh
Zip Code12550
School DistrictNewburgh Free Academy
Elementary SchoolNewburgh
High SchoolNewburgh Free Academy
Listing VS Median (in 12550)
Price:
$930,000
low | high
Med:
$398,893
100% of Average
sqft:
5,180
low | high
Med:
2,476
100% of Average
$ / sqft:
$180
low | high
Med:
$161
60.266917678531% of Average
On site:
13
low | high
Med:
170
7.647058823529% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $697K - $1.162M
sqft: 3,500 - 6,000
Nearby Listings Property ImageNearby Listings Details
47 Lander Street Property Photo 1
$930,000
47 Lander Street
Newburgh, NY 12550
Listing Updated: October 16, 2026 at 10:27:07 AM PDT

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270 Main Street
Cornwall, NY 12518
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270 Main Street 

Cornwall, NY 12518

845-534-7874

Hours of Operation

Monday 9:00 AM –  5:00 PM
Tuesday 9:00 AM –  5:00 PM
Wednesday 9:00 AM –  5:00 PM
Thursday 9:00 AM –  5:00 PM
Friday 9:00 AM –  5:00 PM
Saturday10:00 AM – 5:00 PM
SundayBy Appointment Only



Specializing in Buying and

Selling Real Estate in Cornwall,

NY and surrounding areas. 


 
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the OneKey® MLS
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