Price Reduced 14.28%
Price History
$2,099,900
5/14/2024
$1,800,000
11/22/2024
2 Victory Court, Newburgh, NY, 12550
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, Appliances: Electric Water Heater
Status:
Active
Type:
Commercial
Units:
1
Heating:
Oil, Forced Air
Cooling:
Central Air
Est. Taxes:
$24,168
School District:
Newburgh
MLS #:
H6304165
Community Info
School Info
Walk Score
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Listing courtesy of Keller Williams Realty Boston Northwest 845-928-8000