CALLING ALL INVESTORS OR OWNER OCCUPANTS!!! A compelling investment opportunity in the heart of Newburgh’s Historic District, 415 Grand Street offers the rare combination of architectural character, scale, and long-term upside sitting at a 8.68% cap. Set among some of the city’s most striking period homes, this property stands as a testament to Newburgh’s 19th-century craftsmanship—where ornate details, strong bones, and timeless proportions create value that modern construction simply cannot replicate. For investors and visionaries, this is a chance to acquire a historic asset in a district experiencing renewed momentum, driven by continued private redevelopment, proximity to the Newburgh Waterfront, and easy access to Metro-North. Historic designation not only preserves character but enhances desirability, supporting higher-end repositioning, strong rental demand, and long-term appreciation. Whether restored to its former grandeur or thoughtfully modernized while honoring its past, 415 Grand Street presents significant upside in one of the Hudson Valley’s most promising urban markets. This is not just a property—it’s an opportunity to own history, create value, and be part of Newburgh’s next chapter.
Listing courtesy of Listing Agent: Jake M. Ponessi (JakePonessirealestate@gmail.com) from Listing Office: RE/MAX Benchmark Realty Group.
Selling Office: Coldwell Banker Realty.Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.