2 Victory Court
Newburgh,
NY
12550
- Commercial
- Office
- ML# H6304165
Property Details
Overview
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...
Key Facts
- •Taxes: $24,168
- •Business Type: Office
- •Sale or Rent: Sale
- •School District: Newburgh
- •Zoning: (B) Business
- •Heat: Oil, Forced Air
- •A/C: Central Air
- •Water: Well
- •Sewer: Septic Tank
Listing Information provided courtesy of
Keller Williams Realty
845-928-8000
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