NOT LISTED FOR SALE

694 Broadway Newburgh, NY 12550

Estimated Value: $293,000 - $389,000

2 Beds
3 Baths
3,744 Sq Ft
$89/Sq Ft Est. Value

Last Sold December 14, 2023

Last sale price $269,500 $72 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $2,614/month

79 Days on Market

About This Home

As of December 2023

ACCEPTED OFFER 8/2 SHOWING FOR BACKUP. This property is being sold as a PACKAGE DEAL ONLY with 696 Broadway & 67-69 Wisner Ave. for $1.2 million. Only 1 apartment & the mechanicals in each building may be shown until an offer is submitted. All 3 buildings are vinyl sided & thermopane windows. Roofs, electric & boilers have all been updated over the years. Meticulously maintained inside & out. There are 8 apartment rentals & a separate brick workshop bldg, with water/sewer, heat & electric for more potential income! A shared drive off of Broadway is city owned & gives access to a tenant's parking lot behind 67-69 Wisner & also to the workshop & additional garage. The large storage container on the property may be purchased separately. TENANTS PAY ALL UTILITIES IN ALL 3 BLDGS EXCEPT FOR HEAT IN #694 Broadway ONLY, which is on a heat budget of $225/mo. for appx.10 months/year. Good income potential or Commerical Lot potential...Busy Corner!
*** SEE DOCUMENTS FOR INCOME/EXPENSE SHEET, PROPERTY INFO SHEET AND MAPS

Last Listed By

Mark Tierney

Howard Hanna Rand Realty Brokerage Phone: (845) 744-2095 License #30TI0786287 Listed on: 12/15/2022

Howard Hanna Rand Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,600

Year Built

  • Built in 1880 | Remodeled in 2020

Lot Details

  • 5,936 Sq Ft Lot
  • No Common Walls
  • Level Lot

Home Design

  • Frame Construction
  • Vinyl Siding

Interior Spaces

  • 3,744 Sq Ft Home
  • 2-Story Property
  • Basement Fills Entire Space Under The House

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Parking

  • 8 Parking Spaces
  • Parking Lot
  • Off-Street Parking

Schools

  • Magnet Sch Of Math Science & Design Elementary School
  • Newburgh Free Academy High School

Utilities

  • No Cooling
  • Baseboard Heating
  • Hot Water Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 331100-025-000-0004-029.000-0000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 3 Separate Gas Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,600

Year Built

Built in 1880 | Remodeled in 2020

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Architectural Style: Two Story
  • Property SubType: Multi Family
  • Year Built: 1880
  • Year Built Effective: 2020
  • Attribution Contact: (845) 744-2095
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Renovated: 2020

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Basement: Full
  • Total Bedrooms: 2
  • Living Area: 3744
  • Owner Pays: Insurance
  • SquareFootage: 3744.00
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Frame, Vinyl Siding

Garage/Parking

  • Total Parking Spaces: 8
  • Attached Garage: No
  • Garage: No
  • Parking Description: Parking Lot, Off Street

Utilities

  • Cooling: None
  • Cooling: No
  • Heating: Natural Gas, Baseboard, Hot Water
  • Sewer: Public Sewer
  • Water Source: Public
  • GarbageRemoval: Private
  • Hot Water: Electric Stand Alone
  • NumberOfHeatingZones: 2

Condo/Co-op/Association

  • Senior Community: No

Fee Information

  • Trash Expense: 800

Schools

  • Middle School: Call Listing Agent

Lot Info

  • Lot Size Acres: 0.14
  • Lot Size Area: 0.14
  • Lot Size Sq Ft: 5936
  • Lot Size Units: Acres
  • Lot Features: Level
  • Parcel Number: 331100-025-000-0004-029.000-0000
  • Property Attached: No
  • ResoLotSizeUnits: Acres

Rental Info

  • Tenant Pays: See Remarks

Multi Family

  • Fuel Expense: 900
  • Units Total: 4
  • Separate Electric Meters: 4
  • Separate Gas Meters: 3

Tax Info

  • Tax Annual Amount: 7600
  • Tax Map Number: 331100-025-000-0004-029.000-0000

MLS Schools

  • Elementary School: Magnet Sch of Math Science & Design
  • High School: Newburgh Free Academy
  • Middle School District: Newburgh

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 6, 2024
Sold by
Wisner & Broadway Llc
Bought by
299 Prop Llc
Total Days on Market
79
Current Estimated Value
$334,058

Purchase Details

Listed on
Dec 15, 2022
Closed on
Dec 14, 2023
Sold by
694 Newburgh Llc and 696 Newburgh Llc
Bought by
299 Prop Llc
Seller's Agent
Mark Tierney
Howard Hanna Rand Realty
Buyer's Agent
Mark Tierney
Howard Hanna Rand Realty
List Price
$599,000
Sold Price
$269,500
Premium/Discount to List
-$329,500
-55.01%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.74%
Original Mortgage
$404,250
Interest Rate
7.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 27, 2013
Sold by
Mueller Thomas
Bought by
694 Broadway Llc

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
299 Prop Llc $11,000 None Available
299 Prop Llc $539,000 Assurance Abstract & Title S
299 Prop Llc $539,000 Assurance Abstract & Title S
694 Broadway Llc -- Daniel J Bloom
694 Broadway Llc -- Daniel J Bloom
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 299 Prop Llc $404,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2024 12/11/24 Off Market $238,750 -- --
12/11/2024 12/11/24 Off Market $975 -- --
12/14/2023 12/14/23 Sold $269,500 0.0% $72 / Sq Ft
03/27/2023 03/27/23 Pending -- -- --
03/23/2023 03/23/23 Off Market $269,500 -- --
03/22/2023 03/22/23 Price Changed $300,000 -49.9% $80 / Sq Ft
01/06/2023 01/06/23 For Sale $599,000 +122.3% $160 / Sq Ft
12/15/2022 12/15/22 Off Market $269,500 -- --
04/02/2021 04/02/21 Sold $238,750 -20.4% $135 / Sq Ft
02/19/2020 02/19/20 Price Changed $300,000 -25.0% $169 / Sq Ft
02/17/2020 02/17/20 For Sale $400,000 +40925.6% $226 / Sq Ft
02/17/2020 02/17/20 Pending -- -- --
10/06/2019 10/06/19 Rented $975 0.0% --
10/05/2019 10/05/19 For Rent $975 +2.6% --
03/27/2015 03/27/15 For Rent $950 0.0% --
03/27/2015 03/27/15 Rented $950 -- --
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2023 $8,990 $272,000 $31,000 $241,000
2022 $8,008 $187,400 $14,100 $173,300
2021 $7,286 $156,200 $12,800 $143,400
2020 $6,370 $156,200 $12,800 $143,400
2019 $2,863 $121,800 $12,800 $109,000
2018 $2,863 $121,800 $14,500 $107,300
2017 $6,178 $121,800 $14,500 $107,300
2016 $6,073 $117,400 $14,500 $102,900
2015 -- $117,400 $14,500 $102,900
2014 -- $117,400 $14,500 $102,900
Source: Public Records

Agents Affiliated with this Home

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Source: OneKey® MLS

MLS Number: KEY6224189

OneKey® MLS

APN: 331100-025-000-0004-029.000-0000