$650,000
3 Bed • 3 Bath • 2,603 Sq. Ft.3 bd · 3 ba · 2,603 sqft
38 Chapel Court
Pine Bush, NY 12566
Listed with eXp Realty
$574,475
Est. $3,910/moNewburgh, NY 12550 · Orange County
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Why dream of a multi-million dollar brownstone in Brooklyn or Queens when you can own a magnificent piece of classic American architecture for a fraction of the cost? Welcome to 87 City Terrace, a spectacular brick multi-family property that perfectly balances turn-of-the-century grandeur with modern features. This is the ultimate opportunity for an owner-occupant looking to build equity, establish roots, and let their property pay for itself. From the curb, the estate commands attention. The striking exterior boasts a commanding brick facade, a stately rounded bay elevation, and deeply handsomely carved architectural corbels at the roofline—features that evoke the timeless elegance of New York City’s most historic and coveted neighborhoods. Step inside, and the home’s rich heritage unfolds. The spacious, sun-drenched interiors are anchored by breathtaking, newly refinished original oak hardwood floors that radiate a warm, deep amber glow. A magnificent focal point awaits in the parlor: a stunning, historic fireplace mantel complete with an original mirrored overmantel, intricately carved columns, and beautifully preserved multi-tonal glaze tiles. Expansive, deep-set windows—including the magnificent curved bay window alcoves—flood the rooms with natural light, illuminating the robust, thick historic baseboards and window casings that you simply cannot replicate in modern construction. For the visionary buyer, this property offers a brilliant, time-tested wealth-building strategy: live luxuriously in one unit while leasing the other. The rental income from your tenant can substantially offset, or entirely cover, your monthly mortgage payment, giving you unparalleled financial freedom while living in a historic gem. Perfectly situated in a stable, established pocket of Newburgh, you are just a short stroll from the rolling green hills and historic design of the famed Downing Park. Enjoy a vibrant local community, scenic river views, and an emerging culinary scene just minutes from your front door. Skip the bidding wars of the outer boroughs and secure an architecturally significant home that offers a lifestyle of character, comfort, and financial freedom. 87 City Terrace isn't just an investment in real estate—it’s an investment in your future. Schedule your private tour today and step into a piece of living history.
As reported by the listing office; verify enrollment with the district.
Listed with Your Move Matters LLC · Penny B Alper · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 1:07 AM ET. ©2026 One Key MLS.
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Market insights
Current listings
New in the last 30 days
57
Nov 2026
Average price
Active listings
$519,332
Nov 2026
Average days on market
Active listings
185 days
Nov 2026
Computed from 373 active OneKey MLS listings in Newburgh, NY.
$650,000
3 Bed • 3 Bath • 2,603 Sq. Ft.3 bd · 3 ba · 2,603 sqft
38 Chapel Court
Pine Bush, NY 12566
Listed with eXp Realty
$499,000
3 Bed • 2 Bath • 1,984 Sq. Ft.3 bd · 2 ba · 1,984 sqft
57 5th Avenue
Newburgh, NY 12550
Listed with Cronin & Company Real Estate
$625,000
3 Bed • 2.5 Bath • 2,400 Sq. Ft.3 bd · 2.5 ba · 2,400 sqft
459 Ridge Road
Campbell Hall, NY 10916
Listed with Weichert Realtors