32 Chambers StNewburgh, NY 12550

  • Warehouses
  • 5,673 SF
For Sale
$399,000 View listing

Property Details for 32 Chambers St

Year built
1870
Lot size
0.07 AC
Property size (Sq ft)
5,673 SF
Zone code
DN
Property type
Warehouses
APN
331100 30-5-35
APU
33110030535

Description

This exceptional three-level loft space at 32 Chambers Street in the vibrant downtown Newburgh, NY, presents a unique investment opportunity. Boasting a generous 6,944 square feet situated on a 0.07-acre lot, this property offers unparalleled versatility. The ground floor features a substantial open area with a roll-up door, ideally suited for a variety of uses, including manufacturing, retail, or even residential conversion. The potential is vast, allowing for creative adaptation to suit diverse business or residential needs. Ascending to the upper levels, you'll discover two expansive open loft spaces, each retaining the charm of original exposed brick walls, beams, and flooring. These levels provide ample storage and studio space, perfect for artists, designers, or anyone seeking a unique and inspiring workspace. The property has recently undergone significant improvements, including a new roof, sewer line replacement, and upgrades to essential building systems, ensuring peace of mind for the new owner. This is a rare chance to acquire a substantial property in a thriving downtown location, ready for immediate occupancy and brimming with potential. Priced at $399,000, this property represents an exceptional value in the Newburgh market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,184,855
    Hospitality
    $1,085,321
    Educational
    $902,974
    Medical
    $934,029
    Retail
    $1,404,627

Location Insight

City
Newburgh
County
Orange
State
New York
Latitude
41.5013
Longitude
-74.0113
CBSA code
39100
CBSA name
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$53,200
$258,800
$312,000
-
$53,200
$258,800
$312,000

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