119 Chambers St · Newburgh, NY 12550

$410,000

6 bd · 3.0 ba · 2,397 sqft · MultiFamily public records · 161 Days on market

Built 1900 1,900 sqft lot $171/sqft · 41% below area Est $692k · 41% under

---

Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +25.6/30.0
• ARV discount +15.0/15.0
• DSCR +8.5/10.0
• 1% rule +7.8/10.0
• Schools +3.5/10.0
• Livability +3.1/5.0
• Rent growth +2.7/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Multi-family units

County records classify this as Multi-Family (2-4 Unit). Listing-text estimate: 1 unit. estimate disagrees with records

Listing remarks MLS

Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

Key facts

• Easy access to nyc
• Proximity to i-84
• Owner's unit

Tags

• INVESTMENT OPPORTUNITY
• OWNER'S UNIT
• RENTAL INCOME
• EASY ACCESS TO NYC
• PROXIMITY TO I-84

What this means for you Summary

Snapshot

• This is a 6-bed/3.0-bath multifamily listed at $410k.

Deal economics

• At list price, monthly cash flow is $970 ($12k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($5k rent vs $410k).
• Recommended offer: $361k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.1% vs local median 4.4% in Newburgh — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 62/100 on livability (#878 in NY) — a middle-class / working-renter tenant base. Strengths: health & safety A+, housing B+, cost of living B; Watch: employment D+, schools D, crime F.
• Newburgh City School District (suburban): math 33% / reading 48% proficiency, ranked #500 of 590 in NY (top 85%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases; 61% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: Rents flat; 383 active listings in the ZIP; 1 comparable units currently listed for rent nearby; solid renter incomes; 1,746 units permitted in Orange County in 2024 (1,265 in 5+ unit buildings).
• At $5,234/mo this rent would consume 73% of the median local household income ($86k/yr) (locally 2412% of renters already pay >50% of income on rent) — very limited rent-growth headroom before tenants either downsize or default.

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $3k of loan paydown is wiped out by about $12k of value loss. Plan a longer hold.

Negotiation context

• It's been on market 161 days — a 12% lower offer ($361k) is reasonable based on typical stale-listing flexibility.
• 6 sale attempts since 8y ago; this cycle's ask has dropped $65k (14%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $230k; list at $410k implies a 78% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Watch-outs: built in 1900 — expect roof / HVAC / electrical / plumbing capex.
• Climate carrying-cost: moderate flood risk; extreme-heat days projected 7→16/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $360,800 (12.0% below list)

Questions for the listing agent

1. It's been on market 161 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1900 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are D-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. Crime grade is F in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
7. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
8. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
9. How much new apartment / multifamily construction is in the pipeline within 1–3 miles? Heavy new supply (>2% of stock underway) typically softens rents 12–24 months out; light construction supports rent growth.

Investment metrics

• 1% rule: 1.28% ✓
• Cap rate: 9.13%
• Cash-on-cash: 10.14%
• DSCR: 1.45
• GRM: 6.5

CMA / ARV

• ARV (median comp): $691,844
• List price: $410,000
• Delta: -40.74%
• Verdict: UNDERPRICED
• Comps: 20 within 1.0 mi

Show comp detail 9 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
157 Johnston St	0.14mi	5/3.0 (-1)	2,240 (-6%)	1mo	$285,000	$127	77
52 Benkard Ave	0.64mi	6/3.0	2,400 (+0%)	5mo	$375,000	$156	66
181 First St	0.20mi	5/2.0 (-1)	2,450 (+2%)	15mo	$335,000	$137	66
298 Liberty St	0.15mi	6/3.0	2,573 (+7%)	20mo	$370,000	$144	64
16 Lutheran St	0.38mi	6/2.0	2,508 (+5%)	13mo	$380,000	$152	60
60 Johnston St	0.19mi	6/2.0	2,625 (+10%)	18mo	$298,000	$114	56
17 Lutheran St	0.39mi	6/2.0	2,670 (+11%)	15mo	$285,000	$107	46
15 E Parmenter St	0.49mi	5/2.5 (-1)	2,468 (+3%)	24mo	$555,000	$225	45
186 S William St	0.60mi	5/3.0 (-1)	2,160 (-10%)	8mo	$408,000	$189	44

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 0.63% rent growth · sell at horizon

5-year hold

• IRR: -4.0%
• Equity multiple: 0.86×
• Total profit: $-16,582
• Equity at exit: $61,132

10-year hold

• IRR: 2.5%
• Equity multiple: 1.16×
• Total profit: $18,531
• Equity at exit: $35,449

Cash invested: $114,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 15 Strongly Tenant-Friendly
• State New York: 15 Strongly Tenant-Friendly · D+10
• County: — inherits STATE
• City: — inherits STATE

NYC rent stabilization (~1M units); 2019 HSTPA strengthened tenant rights; courts deeply backlogged.

Methodology + full state rankings →

ZIP-level market 12550

• Home prices YoY: -33.3%
• Rents YoY: 0.6%
• Active inventory: 383
• Price-to-rent: 19.6×

Monthly cashflow live

• Estimated rent: $5,234 high
• Mortgage (P&I): −$2,150
• Tax from tax record: −$844 /mo · $10,130/yr
• Insurance: −$171
• HOA: −$0
• Vacancy / Maint / Mgmt: −$1,099
• Net cashflow: $970

Break-even live

Break-even rent $4,006

Max offer price $410,000

Occupancy floor 76%

3-unit breakdown (identical units grouped — click to expand)

Units	Beds	Baths	Est. rent
▸ 3× units	1	1	$5,235
Total (3 units)			$5,234

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $102,500
• Closing costs: $12,300
• Reserves months: —
• Total cash needed: —

Rent comps 1 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
87 Ellis Ave Newburgh, NY	5.0	2.5	2172	$2,500	$1.15	44d	1	1.37mi

Listing history 45 events

1. 2026-06-18
   days on market $410,000 Active 161 DOM
2. 2026-06-17
   days on market $410,000 Active 160 DOM
3. 2026-06-16
   days on market $410,000 Active 159 DOM
4. 2026-06-15
   days on market $410,000 Active 158 DOM
5. 2026-06-14
   days on market $410,000 Active 156 DOM
6. 2026-06-13
   pricedays on market $410,000 Active 155 DOM
7. 2026-06-10
   days on market $422,000 Active 153 DOM
8. 2026-06-09
   pricedays on market $422,000 Active 152 DOM
9. 2026-06-08
   days on market $430,000 Active 151 DOM
10. 2026-06-07
    days on market $430,000 Active 150 DOM
11. 2026-06-03
    days on market $430,000 Active 146 DOM
12. 2026-06-02
    days on market $430,000 Active 145 DOM
13. 2026-06-01
    days on market $430,000 Active 144 DOM
14. 2026-05-31
    days on market $430,000 Active 143 DOM
15. 2026-05-30
    days on market $430,000 Active 142 DOM
16. 2026-05-18
    price $430,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

17. 2026-05-06
    status Active 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

18. 2026-05-05
    historical 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

19. 2026-04-13
    price $440,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

20. 2026-03-07
    price $442,990 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

21. 2026-03-07
    status Active 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

22. 2026-03-04
    historical 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

23. 2026-03-03
    price $442,999 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

24. 2026-02-13
    price $443,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

25. 2026-02-11
    price $444,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

26. 2026-02-01
    price $445,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

27. 2026-01-26
    price $450,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

28. 2026-01-21
    price $455,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

29. 2026-01-15
    price $460,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

30. 2026-01-06
    price $469,000 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

31. 2026-01-03
    listed $475,000 Active 1445-char remark

    Show marketing remark (1445 chars)

    Welcome to your dream investment opportunity at 119 Chambers St, nestled in the heart of Newburgh, NY. This unique property presents a remarkable chance to live mortgage-free in the spacious owner's unit while generating rental income from the two additional units. Each unit is thoughtfully designed, offering comfort and style to both owner and tenants. Location is everything, and this property does not disappoint. Situated just a short stroll away from Newburgh's vibrant restaurant scene, you'll have easy access to some of the best dining experiences with stunning views of the water. Enjoy waterfront dining at Blu Pointe, known for its fresh seafood and prime beef, or indulge in the legendary BBQ at Billy Joe's Ribworks. For a cozy night out, visit The North Plank Road Tavern, a local favorite with historic charm, all within walking distance or a short drive—proximity to the I-84, with easy access to NYC or Connecticut. Whether you're an investor or someone looking to have their mortgage paid by tenants, 119 Chambers St offers endless possibilities. Experience the perfect blend of lifestyle and investment in a location that continues to grow in popularity. Please note, all “Self Represented” Buyers must provide a copy of their driver's license, proof of funds and/or loan pre-qualification letter, and the seller must approve the showing. Gross Annual Rent is $57,900 if the building is fully rented.

32. 2025-11-06
    price $465,564
33. 2025-10-30
    price $475,574
34. 2025-10-09
    price $473,374
35. 2025-09-16
    listed $479,974 Active
36. 2025-08-07
    historical
37. 2025-07-30
    price $505,000
38. 2025-07-15
    listed $515,000 Active
39. 2022-07-13
    soldstatus $230,000
40. 2022-07-13
    soldstatus $247,000
41. 2018-06-22
    soldstatus $211,000
42. 2018-06-15
    soldstatus $211,000 Sold
43. 2018-04-09
    historical Pending
44. 2018-03-12
    listed $199,000 Active
45. 1986-03-11
    soldstatus $30,000

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast NY · Partial reset (capped growth)

• Current annual tax: $10,130 · $844/mo
• Projected year-2 tax: $10,130 · $844/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 5/10 Major FEMA zone X (unshaded) · 67% chance over 30 yrs
• 🔥 Wildfire 3/10 Moderate
• 🌡 Heat 5/10 Major 7 d/yr ≥100°F today · 16 d/yr by 30 yrs out
• 💨 Wind 4/10 Moderate 13% chance of damaging wind over 30 yrs
• 🫁 Air quality 3/10 Moderate 2 unhealthy d/yr today · 3 by 30 yrs out

Taxation est. · year 1

• Rental income: $62,808
• − Mortgage interest: −$22,966
• − Property taxes: −$10,130
• − Insurance: −$2,050
• − Repairs & maintenance: −$5,025
• − Management: −$5,025
• − Depreciation: −$11,927
• Taxable income: $5,685
• Est. tax owed @ 24.0%: −$1,364
• After-tax cash flow: $10,273/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Newburgh City School District
• NCES district ID: 3620700
• Math proficiency: 33% ▼ -8.00%
• Reading proficiency: 48% ▲ 10.00%
• Median HH income: $56,387
• Composite: 35.46/100
• National rank: #4927
• State rank: #500 of 590 in NY

Livability — Newburgh

• Score: 62/100
• State rank: #878
• US rank: #17021

Category grades

Amenities F Commute F Cost of living B Crime F Employment D+ Housing B+ Health & safety A+ User ratings F

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Newburgh, NY
• County: Orange County · 267,004 people
• City population: 55,152
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• Population (ZIP): 55,152
• Household income: $85,697
• Rent vs Own: 44.2% rent · 55.8% own
• Severe rent burden: 2412.0

Population outlook (Orange County) Hauer SSP2

• Today (2025): 379,830 people
• By 2030: 378,955 · -0.2%
• By 2040: 375,444 · -1.2%
• By 2050: 369,311 · -2.8%
• By 2075: 354,233 · -6.7%
• By 2100: 318,150 · -16.2%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.68)
• Race & ethnicity: Hispanic / Latino 39% White 36% Black 20% Two or more races 12% Asian 2%
• Hispanic origin (detail): Mexican 14% Puerto Rican 10% Dominican 2%
• Common ancestry: Romanian 2% Hispanic 1% Lithuanian 1%
• Foreign-born: 18% · Canada, Dominican Republic
• Languages at home: 64% English-only · Spanish 30% French/Haitian/Cajun 1% Other Indo-European 1%

Political lean MEDSL · Orange

• 2024 margin: Lean R (+8.4) · D 45.8% · R 54.2%
• 2008→2024 swing: -12.5pp toward R · 2008: 4.1pp · 2024: -8.4pp
• All cycles: 2024: R+8.4 2020: R+0.2 2016: R+6.5 2012: D+5.2 2008: D+4.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -151.93%
• Current HPI: 304.1046
• Rent YoY: ▲ 0.63%
• Metro: Poughkeepsie-Newburgh-Middletown, NY
• State GDP YoY: ▲ 2.60%
• F500 in state: 92

Industry mix (Fortune 500 HQ in NY)

Industry	F500 HQs	Revenue
▸Financial Services	10	$950B
▸Consumer Goods	9	$162B
▸Insurance	4	$225B
▸Telecommunications	2	$144B
▸Pharmaceuticals	2	$112B
▸Media / Entertainment	2	$69B

Price history

+1333.3% since first listed

30 events — show timeline

• 2026-05-18 Price Changed $430,000 OneKey® MLS as Distributed by MLS Grid
• 2026-05-06 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-05-05 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2026-04-13 Price Changed $440,000 OneKey® MLS as Distributed by MLS Grid
• 2026-03-07 Price Changed $442,990 OneKey® MLS as Distributed by MLS Grid
• 2026-03-07 Relisted — OneKey® MLS as Distributed by MLS Grid
• 2026-03-04 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2026-03-03 Price Changed $442,999 OneKey® MLS as Distributed by MLS Grid
• 2026-02-13 Price Changed $443,000 OneKey® MLS as Distributed by MLS Grid
• 2026-02-11 Price Changed $444,000 OneKey® MLS as Distributed by MLS Grid
• 2026-02-01 Price Changed $445,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-26 Price Changed $450,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-21 Price Changed $455,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-15 Price Changed $460,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-06 Price Changed $469,000 OneKey® MLS as Distributed by MLS Grid
• 2026-01-03 Listed $475,000 OneKey® MLS as Distributed by MLS Grid
• 2025-11-06 Price Changed $465,564 OneKey® MLS as Distributed by MLS Grid
• 2025-10-30 Price Changed $475,574 OneKey® MLS as Distributed by MLS Grid
• 2025-10-09 Price Changed $473,374 OneKey® MLS as Distributed by MLS Grid
• 2025-09-16 Listed $479,974 OneKey® MLS as Distributed by MLS Grid
• 2025-08-07 Listing Removed — OneKey® MLS as Distributed by MLS Grid
• 2025-07-30 Price Changed $505,000 OneKey® MLS as Distributed by MLS Grid
• 2025-07-15 Listed $515,000 OneKey® MLS as Distributed by MLS Grid
• 2022-07-13 Sold (Public Records) $247,000 Public Records
• 2022-07-13 Sold (Public Records) $230,000 Public Records
• 2018-06-22 Sold (Public Records) $211,000 Public Records
• 2018-06-15 Sold (MLS) $211,000 OneKey® MLS as Distributed by MLS Grid
• 2018-04-09 Contingent — OneKey® MLS as Distributed by MLS Grid
• 2018-03-12 Listed $199,000 OneKey® MLS as Distributed by MLS Grid
• 1986-03-11 Sold (Public Records) $30,000 Public Records

Property tax history

+8.9%/yr

Latest (2025): $10,130 · -1.0% YoY. Source: county tax records.