$1,800,000

2 Victory Court, Newburgh, NY 12550, US

Summary

Half Baths: 0
Style: Office
Sq Ft: 0

Moving Quotes

primary photo for 2 Victory Court, Newburgh, NY 12550, US

Remarks

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... Additional Information: HeatingFuel:Oil Above Ground,

Details

MLS#: H6304165
Price: $1,800,000

Style: Office
Baths Half: 0
Sq Ft: 0

County: Orange County
Tax Fee: 24168

School District: Newburgh

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Broker Contact

Keller Williams Realty
69 Brookside Ave. Ste 225
Chester, NY, 10918
US
Chris Scibelli
! 845-928-8000
! klrw410@kw.com
! Website

Information is believed to be accurate but should not be relied upon without verification.
Data Provided by OneKey MLS
Last updated: 2024-12-16T10:52:47.000-05:00.
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