Property Description

Welcome to 41-43 City Terrace, a mixed-use building in the City of Newburgh offering approximately9200 sq. ft. of space. The property features three apartments on the second floor and a 4,500 sq. ft.open shop on the first floor. The building is serviced by one gas meter and one electric meter, with thelandlord currently covering all expenses. Annual taxes are approximately $17,000. All tenants are onmonth-to-month arrangements, and the property will be conveyed with tenants in place. Theapartments are heated by baseboard heat, with a recently replaced gas burner and water heater. Thetop floor was newly built out with updated plumbing, framing, and electrical systems. The shop featureslarge shop garage dooir for easy access, and a separate entry door provides access to the upstairsapartments. Don't let customers miss this City of Newburgh mixed use property. A cap can be provided.

Property Features