171 1st St.

Investment Overview

171 First Street is a well-built, freestanding workshop on a corner lot at First and Johnston Streets in the City of Newburgh. Constructed in 2018 of brick and vinyl on a concrete slab, the building pairs an open, high-ceiling shop floor with a second-level loft and storage area, a private office with windows, a half bath, and a utility sink. Two insulated overhead doors with openers serve the shop, a separate entrance opens at the front, and a rear lot provides off-street parking. The infrastructure is a standout. The building is served by a 200-amp, 120/240V electrical system with multiple subpanels, dedicated 240V equipment circuits, and dozens of dedicated 20-amp outlet circuits throughout the shop, with all wiring run in commercial-grade conduit. Ductless mini-split units provide efficient heating and cooling, supplemented by electric heat, and the building has its own electric water heater along with municipal water and sewer and natural gas available at the site. LED lighting, ceiling fans, security cameras, and a Wi-Fi network round out a space that is ready to work on day one. The property suits a range of buyers: an artisan, maker, or contractor seeking an owner-occupied shop; an artist looking for a live/work studio with a loft; or a buyer envisioning a residential conversion in one of Newburgh’s most architecturally significant neighborhoods. With newer construction and the hard costs of power, plumbing, and climate control already in place, it offers a rare head start in Newburgh’s historic core, just minutes from Broadway, Liberty Street, and the Hudson River waterfront.

Investment Highlights

• 2018 construction, freestanding brick and vinyl building on a corner lot in Newburgh’s East End Historic District
• 200-amp, 120/240V electrical service with multiple subpanels and dedicated 240V equipment circuits
• Open, high-ceiling shop with two insulated overhead doors, plus a second-level loft and storage area
• Ductless mini-split heating and cooling, half bath, utility sink, private office, and rear off-street parking
• Flexible for an artisan shop, live/work studio, or residential conversion, minutes from Broadway, the waterfront, and I-84