86 Lander St Newburgh, NY 12550
Property details
About 86 Lander St
Turnkey 4-Family in the Heart of Downtown Newburgh Welcome to 86 Lander Street—an income-producing four-family building offering both immediate returns and long-term value in the thriving core of Downtown Newburgh. This well-maintained property features three 3-bedroom, 2-bath apartments and one 2-bedroom unit, all with great layouts and move-in-ready interiors. Two units are currently occupied, providing steady cash flow, while two are vacant and ready for the next owner or new tenants. Each unit offers updated finishes, generous living space, and functional layouts ideal for today’s rental market. No major renovations are needed—this is a true turnkey asset. The property also includes a private backyard, perfect for transforming into a shared outdoor retreat or separate tenant space. Centrally located near the Newburgh waterfront, local shops, cafes, and public transit, 86 Lander is an exceptional opportunity for both investors and owner-occupants alike. Showings by private appointment only.
Highlights
Summary
- Full Bathrooms: 7
- Basement: No
- Flooring Type: Hardwood
- Interior: Primary Bathroom, Open Kitchen, Quartz/Quartzite Counters, Recessed Lighting
- Total Bedroom Count: 11
- Private Pool: No
- Heating: Baseboard
- Cooling: Wall/Window Unit(s)
- List Price: $850,000
- Annual Tax Amount: $3,825
- Tax Year: 2021
- Year Built: 1900
- Lot Size: 0.0643 Acres
- MLS Number: 869851
- MLS Name: ONEKEY2
- Office Name: Compass Greater NY, LLC
- Office Phone: (914) 238-0676
Listings courtesy of OneKey MLS as distributed by MLS GRID.
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Last updated on: 6/28/2025, 7:41:27 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$850,000
86 Lander St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Sep 02, 2022 | Home Sold | $850,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $684,000 | $- |
2022 | $406,900 | $- |
2021 | $163,800 | $3,825 |
2020 | $11,900 | $3,825 |
2019 | $11,900 | $774 |
2018 | $11,900 | $- |
2017 | $11,900 | $- |
History based on county public records data.
Nearby schools
3
Horizon-on-the-Hudson Magnet School
Public Magnet PK-5
0.4 mi
•137 Montgomery St
3
Gams High Tech Magnet School
Public Magnet PK-5
0.8 mi
•300 Gidney Ave
6
New Windsor School
Public District KG-5
1.7 mi
•175 Quassaick Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $31,809. Typical income of Newburgh, NY residents is less than $<35k annually. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
Frequently asked questions
About 86 Lander St
The listing price of 86 Lander St property is $850,000.
The property 86 Lander St is a multi located in Newburgh, New York, 12550.
Active Listing: 86 Lander St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 86 Lander St are: Horizon-on-the-Hudson Magnet School (GreatSchools Rating 3/10), Gams High Tech Magnet School (GreatSchools Rating 3/10), New Windsor School (GreatSchools Rating 6/10), South Middle School (GreatSchools Rating 3/10), Heritage Middle School (GreatSchools Rating 4/10), Rombout Middle School (GreatSchools Rating 4/10), Newburgh Free Academy (GreatSchools Rating 3/10), Beacon High School (GreatSchools Rating 5/10), Cornwall Central High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2021 is $3,825 (source: MLS/based on county public records data).
The last sale was on September 2, 2022 for $850,000 (source: MLS/tax record).
The year of construction for 86 Lander St is 1900.
This home is located at 86 Lander St in Newburgh, NY and zip code 12550. Features: 11 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since June 2, 2025 and is currently priced at $850,000.
In May 2025, from all listings sold in Newburgh, NY there were more than 11 sold above asking price, over 17 sold below and more than 6 were sold right at the asked price. The number of homes for sale in Newburgh, NY decreased by 1.5% between April and May 2025. The median list price of listings available in May 2025 was $385,000, while the average time on the real estate market was 55 days.