Property Description

47 Lander Street in Newburgh, New York presents a turnkey mixed use investment opportunity in the heart of the historic East End. Situated moments from the revitalization of Grand Street and its upcoming luxury boutique hotel development, this property is positioned to capture strong hospitality demand, elevated visitor activity, and consistent commercial foot traffic. Taken down to the studs, the circa 1870 brick building has undergone a complete, full scale gut renovation with zero deferred maintenance, delivering an exceptional physical asset for commercial operators and portfolio investors.Every building system is newly installed, including a new roof, upgraded electrical service, modern plumbing, mini split heating and cooling systems throughout, and a comprehensive full building fire sprinkler system. The exterior features a prominent corner position, newly poured sidewalks, classic historic architecture, and a private wraparound alleyway with dual access points for seamless operational access.The layout generates immediate diversified revenue across multiple asset classes. The ground level features two fully built out, turnkey commercial and restaurant storefronts equipped for immediate food service or retail operations. The upper levels offer two high finish residential dwellings, including a two bedroom unit and a one bedroom unit, presenting strong rental potential within the Hudson Valley market. Operating commercial business entities are excluded from the real estate sale and negotiable separately.Location fundamentals offer exceptional connectivity and long term value. Located one block from the Broadway commercial corridor and close to the Newburgh Waterfront, this property combines historic district appeal with regional accessibility. The location provides convenient proximity to the Beacon Metro North station with direct service to Grand Central Terminal, Stewart International Airport, Route 9W, Interstate 84, and Interstate 87. 47 Lander Street offers an immediate income producing asset with completely modernized infrastructure in a prime Hudson Valley location.

Property Features

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