Home » Real Estate » NY » New Windsor » 12553 » 263 Riley Road, New Windsor, NY, 12553
$519,900

263 Riley Road, New Windsor, NY, 12553

4 Beds
2 Baths
Improved Price!! Great investment opportunity or live in one unit and rent out the other! Set back off the road on 1.3 private acres, this well-maintained two-family property offers strong income potential with below-market rents and separate utilities for each unit. Ample parking plus additional off-street parking and a large detached finished garage provide excellent flexibility for tenants or owner use. Each spacious unit features its own private entrance, 12-foot ceilings, 2 bedrooms, 1.5 baths, and approximately 1,216 square feet of living space. Both apartments include a stove, refrigerator, dishwasher, and washer/dryer hookups. The upper unit features a rear entrance, large deck for entertaining, and wooded backyard views for added privacy, currently rented for $1,700/month. The lower unit offers a front entrance with additional storage and is currently rented for $1,650/month. Tenants are month-to-month and responsible for their own utilities. Municipal water and sewer. Major updates include a new boiler in 2026, a 10-year-old roof on the main house, and a new roof on the detached garage in 2022. Each apartment has its own above-ground oil tank, furnace, and separate meters. The spacious detached finished garage is currently rented for $400/month and includes electricity, plumbing, and its own meter, making it ideal for storage, workshop space, or additional income opportunity. Great investment or owner-occupied opportunity with room for future rental growth.
Offered By
Jeffrey Lyons, Curasi Realty, Inc.

Property Details

Property Type Residential Income
Status Active
Bedrooms 4
Bathrooms (Full) 2
Property Sub Type Duplex
MLS # 000031

Market Trends

New Properties On Market
46
188% Increase In New Listings
Average Asking Price
$525,463
$268,589 Increase In Avg Asking Price
Average Asking Price / Sq. Ft.
$311
$154 Increase In List Price/Sq. Ft.
Average Days On Market
7
19 Day Decrease In Days On Market
Data as of Jun 04, 2026. Remaining statistics above are calculated on activity within the period from Apr 01, 2026 to May 31, 2026.

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