2 Courtney Avenue
Newburgh,
NY
12550
- Commercial
- Year Built 1870
- Multi Family
- ML# 919250
Property Details
Overview
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.
Key Facts
- •Lot Size: 0.1148
- •Lot Sq Ft: 5000
- •Taxes: $20,979
- •Sale or Rent: Sale
- •Construction Materials: Frame
- •Parking Spaces: Yes
- •Parking Facilities: Driveway
- •Waterfront: Yes
- •Waterfront Desc: River Front
- •Heat: Electric, Heat Pump
- •A/C: Ductless
- •Water: Public
- •Sewer: Public Sewer
Listing Information provided courtesy of
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845-420-8965
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