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408 Carpenter Avenue #24, Newburgh, NY, 12550

1beds
1baths
736sqft
$124,900
$170price/sqft
$1,128/moest. monthly cost
$45,120/yrincome needed

About This Home

Please be advised the City has set a deadline for all "completed" offer packages to be submitted by Friday 4/3/2026 at 5pm. A completed offer package includes a completed PODA application.**One bedroom, one bathroom Condominium in Newburgh! Quiet community of Northwood Village. Ready to occupy and laundry in building. Sit on your own front porch and look over the courtyard. Great opportunity for first time buyers or downsizers. Close to shopping, schools and amenities. City of Newburgh owned property. Preference is given to owner-occupant purchasers in accordance with the City of Newburgh’s Surplus Real Property Disposition Policy (“Policy”). Agents should review the Policy by clicking link below in Member’s remarks. Potential purchasers shall present highest, best, and final offers only. Counteroffers should not be expected. All offers are subject to final approval by the Newburgh City Council. Offers that require financing must be accompanied by pre-qualification letter. Cash offers must be accompanied by proof of funds. All property is offered “as-is”. The City of Newburgh reserves the right to withdraw the property from the market or to amend any terms or conditions of these materials at any time. The City of Newburgh reserves the right to accept or reject any offers including full price offers and further reserves the right to remove the property from the market at any time. See member’s remarks for property access and offer presentation instructions. Sold as-is. Buyer to pay NYS and any local transfer taxes. Offers with financing must be accompanied by pre-qual letter; cash offers with proof of funds. **Please see agent remarks for access, showing instructions and offer presentation remarks.**

Getting Around

51
WalkingSomewhat Walkable
0
TransitVery Limited Transit
33
BikeSomewhat Bikeable

Schools

3/10
3/10
South Middle SchoolGrades 6-81.6 mi

Construction

Condition

  • Year built: 1973

Materials

  • Construction materials: Brick

Type & Style

  • Home type: Condo
  • Architectural style: Garden
  • Property subType: Condominium,Residential

Interior

Appliances

  • Appliances included: Electric Range,Refrigerator

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • First Floor Bedroom,First Floor Full Bath
  • Flooring: Carpet,Tile
  • Attic: None
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air
  • Cooling features: Central Air

Interior Area

  • Total structure area: 736
  • Total interior livable area: 736 sqft

Property

Details

  • Parcel number: 3311000560000001001.0000074
  • Attached to another structure: Yes
  • Special condition: Real Estate Owned

Lot

  • Lot size: 436 sqft

Parking

  • Parking features: Off Street

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Cold Wave
    Cold WaveModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Cold Wave
Strong Wind
Winter Weather

FEMA Declared Disasters in Orange County and New York

Fire
Flood
Severe Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $631$7,572
Home Insurance *$41$492
Property Taxes $210$2,520
Electricity $246$2,954
Total$1,128$13,536
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$38,674/yr
40% on housing$33,840/yr
45% on housing$30,080/yr

New York FAIR Plan Programs

New York Property Insurance Underwriting Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 20,669Commercial: 1,556
Total Premiums$32.27M
Total Exposure$7.63B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: -1.9%
-1.9%
0%30.0%
Electricity Growth Rate10-year average: 7.1%
7.1%
0%15.0%
Property Taxes Growth Rate2-year average: -2.6%
-2.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$170This listing

vs Other Active Listings

Avg $/sqft

ZIP 12550$208
Orange County$275

vs Homes Sold Last Month

Median $/sqft

ZIP 12550$248
Orange County$263

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2023-01-20Listing removed--
2022-11-30Price change$152,500
2022-10-20Price change$159,000
2022-10-11Listed for sale$169,000

Unknown Listed By

AgentBrian T. Smith
BrokerageRiver Realty Services, Inc.

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