Listing Courtesy of: Silvio Perez - Keller Williams Realty
845-928-8000
$1,800,000
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2 Victory Ct Newburgh, NY 12550
Office
Residence
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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 maintain...ed. 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
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MLS#
H6304165
Property Type
Office
Sewer
Holding Tank
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