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415 Grand Street
Courtesy of RE/MAX Benchmark Realty Group, Jake M. Ponessi Listing Contact: 845-565-0004 
$700,000

415 Grand Street

8 Beds 4 Baths 4,754 Sq.Ft. 0.34 Acres

Description

CALLING ALL INVESTORS OR OWNER OCCUPANTS!!! A compelling investment opportunity in the heart of Newburgh's Historic District, 415 Grand Street offers the rare combination of architectural character, scale, and long-term upside sitting at a 8.68% cap. Set among some of the city's most striking period homes, this property stands as a testament to Newburgh's 19th-century craftsmanship--where ornate details, strong bones, and timeless proportions create value that modern construction simply cannot replicate.

For investors and visionaries, this is a chance to acquire a historic asset in a district experiencing renewed momentum, driven by continued private redevelopment, proximity to the Newburgh Waterfront, and easy access to Metro-North. Historic designation not only preserves character but enhances desirability, supporting higher-end repositioning, strong rental demand, and long-term appreciation.

Whether restored to its former grandeur or thoughtfully modernized while honoring its past, 415 Grand Street presents significant upside in one of the Hudson Valley's most promising urban markets. This is not just a property--it's an opportunity to own history, create value, and be part of Newburgh's next chapter.

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Location

415 Grand Street, Newburgh, NY 12550

Status

Sold
Jake Ponessi

Jake Ponessi

TITLE

REALTOR®

Lauren Racanelli

Lauren Racanelli

TITLE

REALTOR®

Property Amenities

Interior
Flooring Wood
Total Bedrooms: 8
Full Bathrooms: 4
Other Interior Features First Floor Bedroom, First Floor Full Bath, Entrance Foyer, High Ceilings, High Speed Internet
Area & Lot
Total area 4,754 Sq.Ft.
Lot Area 0.34 Acres
Living area 4,754 Sq.Ft.
MLS® ID 947901
Year Built 1900
School District Newburgh
High School Newburgh Free Academy
Middle School Newburgh
Elementary School Newburgh
View Description River
Architecture Styles Victorian
Type Multi-Family
Status Sold
Exterior
Air conditioning Wall/Window Unit(s)
Heat type Natural Gas
Water Source Public
Sewer Public Sewer
Parking Driveway
Utilities Electricity Connected, Natural Gas Connected
Finance
Sales Price $700,000
Real Estate Tax $14,881 yearly
"A compelling investment opportunity in the heart of Newburgh's Historic District."

— The Live Upstate Team

Newburgh

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