This Architect designed renovation has created a beautiful mid century modern feel to this live/work and commercial space in the heart of the downtown Historic District. The commercial space faces the street and the live/work (residential) space is in the rear with eastern and northern light, high ceilings, polished concrete floors and exposed wood beams. The storefront has large, continuous floor-to-ceiling windows. The apartment s central open space hosts cooking, dining and living. A free-standing wall separates this main room from a studio work area, providing privacy while keeping the open plan layout. The bedroom extends out to the private garden bordered by a gabion retaining wall and a Vinca-planted rise. The commercial space is zoned for Restaurant/take out and the residential is currently returning great income as an Airbnb. The commercial space has a 2 year lease, and the live/work space has a 6 month rental agreement commencing soon providing good income to support the investment. Further development potential here since this is the Downtown District where 5 story development is possible. Located on a quiet one-way street, the building is near the public library and other government buildings, and only a short walk to the restaurants and cafes, art galleries and waterfront!
Based on the average sale price from the Stamford, CT office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
100 3rd Street Newburgh, NY is a Single Family Home for sale at $549000 and a lot size of Acre(s). 100 3rd Street Newburgh has 0 bedrooms, 0 baths and was built in 1973. The property's zip code is 12550 which is in Newburgh, NY
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Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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