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New

$1,285,000

5 days on market

226 Montgomery Street

Newburgh, NY 12550

· 8% down, 7% APR, 30yr fixed

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Beds

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Baths

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Square feet

1870

Built

Listing narrative

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.

Listing agent (MLS): Sarah Beckham Hooff · Listing brokerage (MLS): ReAttached

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$1,285,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Multi Family

Home Size

Sqft n/a

Baths

Baths n/a

Lot Size

0.25 acres

Year

1870

Status

New

Days on Market

5

· 8% down, 7% APR, 30yr fixed
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Courtesy of ReAttached