$ 2,099,900
2 Victory CT Newburgh, NY 12550
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In-PersonVirtual Tour
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 2,099,900
Est. payment /mo
Active
2 Victory CT Newburgh, NY 12550
UPDATED:
05/14/2024 08:18 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
MLS Listing ID H6304165
Originating Board onekey
Rental Info No
Annual Tax Amount $24,168
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...
Location
State NY
County Orange
Zoning (B) Business
Interior
Heating Oil, Forced Air
Cooling Central Air
Fireplace N
Building
Sewer Septic Tank
Water Well
Schools
School District Newburgh
Others
Special Listing Condition None
Listed by Keller Williams Realty • 845-928-8000