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2 Victory Court

Newburgh, NY 12550
  • $2,099,900
  • STATUS: Active
  • ON SITE: 60 Days
  • MLS #: H6304165
$2,099,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:
Area:

School Ratings & Info

School District:

Description

Cash flowing investment property with an established medical tenant. The property produces $151,845 in Net Operating Income with 2% annual escalations on an absolute triple-net lease. This investment is offered at a 7.5% capitalization rate. The Building is in excellent condition and well maintained. The current 10 year lease has approximately 8 years remaining. Busy commercial location with a traffic count of 12,271 vehicles per day, located 1.5 miles to I-84 and 4 miles to I-87 which provides easy access to/from Dutchess, Rockland, Westchester, NYC, Northern NJ etc...

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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: 2024-07-14T00:19:05.06.
www.padernachtrealestate.com/homes/150493835
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2 Victory Court Newburgh, NY 12550

  • Price: $2,099,900
  • Status: Active
  • On Site: 60 Days
  • MLS #: H6304165
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Newburgh
County:
Orange
Area:
Newburgh
School District:
Newburgh
Property Description
Cash flowing investment property with an established medical tenant. The property produces $151,845 in Net Operating Income with 2% annual escalations on an absolute triple-net lease. This investment is offered at a 7.5% capitalization rate. The Building is in excellent condition and well maintained. The current 10 year lease has approximately 8 years remaining. Busy commercial location with a traffic count of 12,271 vehicles per day, located 1.5 miles to I-84 and 4 miles to I-87 which provides easy access to/from Dutchess, Rockland, Westchester, NYC, Northern NJ etc...
Interior Features

Cooling Central Air Cooling YN Yes Heating OilForced Air Hot Water Electric Stand Alone

Property Features

Building Size 5300 Business Type Office Current Use Office MLSArea Minor 99 Operating Expense 0 Property Sub Type Office Sewer Septic Tank Tax Annual Amount 24168 Tax Annual Amount1 24168 Water Source Well Zoning Description (B) Business

Listing courtesy of Silvio Perez of Keller Williams Realty: 845-928-8000
© 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: 2024-07-14T00:19:05.06.
 
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Keller Williams Realty NYC Group
2300 Eastchester Road
Bronx NY, 10469