163 Chambers St

Newburgh, NY 12550

$585,920
Last Sold Price
9
Beds
2,880 Sq. Ft.
$203 / Sq. Ft.
2,880
Sq. Ft.
$203
per Sq. Ft.
Closed 11/26/25
Closed 11/26/25
a car parked in front of a brick house

Description

Exceptional Investment Opportunity! Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. Key Highlights:THIS IS A SPECIAL DELIMITER SENTENCE. Key Highlights:THIS IS A SPECIAL DELIMITER SENTENCE - Strong Cap Rate : 10.5%+ potential for high...Exceptional Investment Opportunity! Discover a rare gem in the heart of Newburgh! This charming 4-unit brick building offers a unique blend of strong returns, low maintenance, and growth potential. With a 10.5%+ cap rate, recent renovations (2019), and a prime location near the Hudson River waterfront, this property is poised for long-term success. Key Highlights:THIS IS A SPECIAL DELIMITER SENTENCE. Key Highlights:THIS IS A SPECIAL DELIMITER SENTENCE - Strong Cap Rate : 10.5%+ potential for high returns on investment
- Renovated Property : Modern amenities and reduced maintenance costs
- Prime Location : Scenic views and growth potential in Newburgh's heart
- Income Potential : 4-unit building with stable rental income potential Schedule a showing today and seize this fantastic investment opportunity! BTW, utilities for top 2 floors are paid by the owner. Don't miss out!
  1. Listed by Joseph Polatseck • Joseph Polatseck
    P: (646)-526-2751 C: (646)-526-2751 5262751@gmail.com

Property Details for 163 Chambers Street

City/Township
Newburgh (City)
Waterfront
No
Section Area
South Street
LISTING UPDATED: 12/04/2025 10:49 AM

Property Details for 163 Chambers Street

StatusClosed
MLS #893445
Days on Market40
Taxes$8,939 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeQuadruplex
Year Built1890
Lot Size0.06 AC / 2,500 SF
CountyOrange County

Location

Listing Courtesy of Joseph Polatseck

Sold By RE/MAX Distinguished Hms.&Prop

Add your commute

Building Information for 163 Chambers Street

Stories-Residences4Year Built1890Building Size-Lot Size0.06 AC / 2,500 SF

Payment Calculator

$3,601 per month

30 year fixed, 6.15% Interest

Principal and Interest

$2,856

Property Taxes

$745

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 163 Chambers Street

Summary
Location and General Information
  • Senior Community YN: No
  • MLS District Code: 2.50
  • Tax Block: 4
  • Tax Lot: 7
  • Property Attached: Yes
  • Structure Type: true
  • Property Condition: Updated/Remodeled
  • Country: US
  • State Or Province: NY
  • Water Access YN: No
School Information
  • School District: Newburgh
  • Elementary School District: Newburgh
  • Middle Or Junior School District: Newburgh
  • Middle Or Junior School: MEADOW HILL GLOBAL EXPLORATIONS MAGNET SCHOOL
  • High School District: Newburgh
  • High School: Newburgh Free Academy
Summary
  • Property Description: Mid Rise
Unit Information
Unit 1 Information
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,500.00
Unit 2 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,600.00
Unit 3 Information
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 1
  • Unit Type Actual Rent: $1,850.00
Unit 4 Information
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
Unit Information
  • Number Of 1 Bedrooms: 1
  • Number Of 2 Bedrooms: 0
  • Number Of 3 Bedrooms: 3
  • Number Of 4 Bedrooms: 0
  • Building Units Total: 4
Taxes and HOA Information
Taxes and HOA Information
  • Parcel Number: 331100-018-000-0004-007.000-0000
  • Tax Assessed Value: $272,800.00
  • Tenant Pays: Electricity, Gas, Heat, See Remarks
  • Additional Fees: No
Income & Expenses Information
Income & Expenses Information
  • Gross Income: $82,200.00
  • Maintenance Expense: $700.00
  • Trash Expense: $1,833.00
  • Fuel Expense: $4,932.00
  • Operating Expense: $21,331.00
  • Cap Rate: 10.00%
Interior and Exterior Features
Interior Features
  • Amenities: Back Yard, Other, Public
  • Interior Features: Other
  • Fireplace: No
  • Spa: No
  • Foundation Details: Slab
  • Basement: No
Exterior Features
  • Exterior Property Features: Back Yard
  • Elevation Certificate: No
  • Fencing: Back Yard
  • Construction Materials: Brick
  • Pool Private: No
Lot Information
  • Building Area Units: Square Feet
Parking
  • Garage: No
  • Carport: No
Utilities
  • Cooling: Wall/Window Unit(s)
  • Heating: Baseboard, Other
  • Heat Fuel Type: Baseboard, Other
  • Number Of Heating Zones: 3
  • Number Of Separate Gas Meters: 3
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Trash Collection Public, Water Connected
  • Number Of Separate Electric Meters: 4
Green Features
  • Green Features: Baseboard, Other
Agent
Payment and Rate
  • Down Payment Resource: Yes

Property History for 163 Chambers Street

DateEvent & SourcePriceAppreciation
Nov 26, 2025

Sold (Public Record)

Public Record #1924134170

$585,920

+171.4% / yr

Sep 29, 2022

Sold (Public Record)

Public Record #1502059810

$25,000

-6.1% / yr

Jan 7, 2005

Sold (Public Record)

Public Record #150950944

$76,546—
DateEvent & SourcePrice
11/26/2025

Sold (Public Record)

Public Record #1924134170

$585,920

+171.4% / yr

09/29/2022

Sold (Public Record)

Public Record #1502059810

$25,000

-6.1% / yr

01/07/2005

Sold (Public Record)

Public Record #150950944

$76,546

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 163 Chambers Street

Taxable ValueLand$23,200Additions$249,600Total$272,800
Home Facts
Baths3.5Total Finished SqFt2,112 SqFtAbove Grade Finished SqFt2,112 SqFtStories4Lot Size2,500 SqFtStyleTriplexYear Built1890ZoningRMCountyORANGEAPN331100 18-4-7

Schools near 163 Chambers Street

This home is within Newburgh City School District.
Rating
School
Type
Grades
Distance
Horizon On The Hudson Magnet School
Public - PK to 5
South Middle School
Public - 6 to 8
Newburgh Free Academy Main Campus
Public - 9 to 12
Gams High Tech Magnet School
Public - PK to 5
Rating
School
Distance
Horizon On The Hudson Magnet School
PublicPK to 5

South Middle School
Public6 to 8

Newburgh Free Academy Main Campus
Public9 to 12

Gams High Tech Magnet School
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Joseph Polatseck

Properties displayed may be listed or sold by various participants in the MLS. Based on information submitted to the MLS GRID as of 01/20/2026 02:58 PM. All data is obtained from various sources and may not have been verified by broker orMLS GRID. Supplied Open House Information is subject to change without notice. All informationshould be independently reviewed and verified for accuracy. Properties may or may not be listed bythe office/agent presenting the information.