Newburgh (City), NY 12550

Property

Ownership: For Sale
Type: Multi-Family
Pets: Pets No
Lot Size: 0.11 Acres

Financials

Price:$1,625,000
Annual Taxes:$20,979
44 W 24th St, New York, NY 10010, USA
Phone:
Listing Courtesy of ReAttached

Perched on Bay View Terrace, Newburgh s most picturesque bluff street with sweeping Hudson River views, 2 Courtney Avenue is a six unit Victorian stunner that has undergone a full ...

View of property with stairway, stone siding, roof with shingles, and a water view

Description

Perched on Bay View Terrace, Newburgh’s most picturesque bluff street with sweeping Hudson River views, 2 Courtney Avenue is a six-unit Victorian stunner that has undergone a full-scale designer renovation. Once derelict, the property has been meticulously transformed by its current owner into a crown jewel of the neighborhood - both architecturally and financially. Behind its timeless exterior are six fully restored units that blend historic charm with modern finishes, offering a turnkey experience for investors and tenants alike. Currently configured as five long-term rentals and one high-performing short-term unit, the property has a successful track record as a full short term rental operation, demonstrating strong income potential and operational flexibility. A separately deeded lot across the street is included in the sale, preserving unobstructed river views over the long-term. With proven income history and a prime position in one of the most desirable pockets of the city, this is a rare opportunity to own a fully stabilized, visually striking, and cash-flowing asset. Financials and additional details available upon request.

Amenities

  • Electricity Connected
  • Mountain(s)
  • River
  • River Front
  • Sewer Connected
  • Trash Collection Public
  • Water Connected

Long Island MLS

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.

All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.