Newburgh 21

Strategic Hudson Valley Location

Located in the City of Newburgh, the portfolio benefits from strong regional connectivity near Interstate 84, the New York State Thruway, and Stewart International Airport—just minutes away. Approximately 65 miles north of New York City, the properties offer a commutable location within the NYC metro area, including ~15 minutes to the Beacon Metro-North Station with direct service to Grand Central Terminal. The portfolio is also about 20minutes from the United States Military Academy, a major regional employment and economic driver, further supporting strong housing demand in the area.

Proximity to Colleges & Major Employment Drivers.

The portfolio is located near several regional employment anchors, including healthcare, retail, and education employers. Key institutions include Mount Saint Mary College, Orange Community College, United States Military Academy (West Point), and regional healthcare providers such as St. Luke's Montefiore Hospital. Additional employment centers exist around Stewart Airport and the surrounding commercial corridors, supporting stable rental demand in the area.

Walkable Historic District Near the Hudson River Waterfront.

The properties are positioned within Newburgh’s historic core just blocks from the Hudson River waterfront, a district that has experienced meaningful revitalization with restaurants, arts venues, and local businesses. The proximity to the waterfront and historic architecture continues to attract residents seeking character-driven housing in the Hudson Valley.

Stabilized Cash Flow with Additional Upside Potential.

The 21-unit portfolio is currently stabilized with the opportunity to further increase revenue through continued interior unit renovations. Additional upside exists through potential storage/garage income and a vacant lot included in the portfolio that may support development of an additional three-family building. Newburgh 21 | 3