185 Broadway Newburgh, NY 12550

This exceptional investment opportunity presents a fully renovated, mixed-use building located at 185 Broadway, Newburgh, NY. Boasting a total of 4,640 square feet, the property offers a prime street-level commercial space perfectly complemented by four residential units above. Completed in 2024, the extensive renovations encompassed a new roof, flooring, walls, ductless heating and air conditioning systems, water heaters, bathrooms, kitchens, and windows. The building is currently fully rented, providing immediate cash flow and a stable investment. Municipal water, sewer, and gas services are readily available. The ground floor commercial space previously housed a laundromat, leaving behind a robust 2-inch water line—an ideal feature for businesses with high water usage needs, such as another laundromat, hair or nail salon, restaurant, or spa. The property sits on a 0.05-acre lot and enjoys exceptional visibility, with over 15,000 cars passing daily, ensuring high foot traffic and potential for strong tenant occupancy. This turn-key investment offers an attractive 8.5% capitalization rate, making it an ideal addition to any portfolio. The property is priced at $799,000.