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185 Broadway

Newburgh, NY 12550
  • $799,000
  • STATUS: Active
  • ON SITE: 113 Days
  • MLS #: H6322675
UPDATED: 80 min ago
$799,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

School District:

Description

Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.

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© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-04T14:17:43.463.
www.padernachtrealestate.com/homes/153582759
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185 Broadway Newburgh, NY 12550

  • Price: $799,000
  • Status: Active
  • On Site: 113 Days
  • Updated: 80 min ago
  • MLS #: H6322675
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Newburgh City
County:
Orange
Area:
Newburgh City
School District:
Newburgh
Property Description
Incredible opportunity to add an 8.5% CAP, turn-key investment building into your portfolio. Fully renovated in 2024 and fully rented, this asset provides stability and peace of mind for both new and seasoned owners. The building consists of one street level commercial space plus 4 residential units above. The building went through extensive renovations since purchase -- New roof, floors, walls, ductless heat and air conditioning units, water heaters, bathrooms, kitchens, windows, etc. Municipal water/sewer/gas. At one time the ground floor space had a laundromat so there is a 2" water line still available in this space. Would make a great location for high water usage tenant like another laundromat, hair or nail salon, restaurant, spa, etc... High visibility for retail tenants with over 15000 cars per day is a boost for business.
Interior Features

Cooling Ductless Cooling YN Yes Heating Natural GasHeat Pump Hot Water Gas Stand Alone

Property Features

Business Type Retail Current Use OfficeResidentialRetail MLSArea Minor 99 Operating Expense 32175 Property Sub Type Retail Sewer Public Sewer Tax Annual Amount 9890 Tax Annual Amount1 9890 Township Newburgh Water Source Public Zoning Description BC

Listing courtesy of Hilary Goldman of Rand Commercial: 845-2943100
© 2024 OneKey MLS. All rights reserved.


© 2024 OneKey MLS. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty NYC Group. Data last updated: 2024-12-04T14:17:43.463.
 
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2300 Eastchester Road
Bronx NY, 10469