$2,099,900
Active
27 Days Online
0 Beds0 Baths0 SQFT
Active
2 Victory Court Newburgh, NY 12550
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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...
- Property TypeCommercial
- NeighborhoodN/A
- CountyOrange
- Taxes$24,168
- HOA/Condo/Coop Fees$0
- Days on Site27 Days
- MLS StatusActive
- MLS ID NumberH6304165
- Home Size Source N/A
- Year BuiltN/A
- Lot Size Acres
- Full BathsN/A
- Partial BathsN/A
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General Features
- Sewer Septic Tank
- Water Well
- Zoning (B) Business
- Property Sub Type Office
Interior Features
- Cooling Central Air
- Heating OilForced Air
Schools
School District
Newburgh
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
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Monthly Payment (Est.)
$11,165Copyright ©2024 Information is deemed reliable but not guaranteed.