Waterfront Condo Project for Sale in Newburgh $360,000

  |  August 29, 2011

These waterfront condos on Colden Street are very close to the Newburgh Waterfront. It looks like the developer was no longer able to complete the project and is now offering the land, plans, and approvals for $360k.

The plan back as of November 2010 was to have 30 condominiums at this site. If this project can actually come to fruition, this will be a huge boost to the Washington Heights area and Liberty Street. A 3 minute walk down the street is the Newburgh Brewery which is going to start construction soon. They are projected to open in November/December. The land still lies within the City of Newburgh and thus has to adhere to architecture regulations. It’s not my typical Newburgh Real Estate post but, the development of this land could have a huge impact on the Southern end of Newburgh’s waterfront. See below the jump for more info. 

15 South Colden Street, Newburgh
Asking Price: $360,000
Units: 30
Land Size: 1 acre
Taxes: $99,999
Distance to NYC: 55.7 mi, 1 hour 10 mins
Public Transportation: MetroNorth to Beacon, then take ferry across
Closest Roadways: 9W, I-87, I-84

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