Newburgh Commercial Property Assemblage FOR SALE


Newburgh, NY
$1,900,000 USD
914-798-4900
, Newburgh, NY for Sale
$1,900,000 USD
FOR SALE
1/11
null | 8.05% Cap Rate

Newburgh Commercial Property Assemblage
Newburgh, NY


HIGHLIGHTS

  • In-Place income - Upside on below market rents, and 1,500 sq. ft. of expansion space
  • Tenants pay operating expenses other than taxes and water
  • Development expansion potential on vacant lot at 516 South Street
  • 13,681 square feet of land (0.71 acres) - 11,000 sq. ft. of Building in total
  • Includes standalone house as a residential rental property

OVERVIEW

Don't miss this prime investment opportunity in Newburgh! Exciting chance to invest in two adjacent parcels totaling 0.71 acres on South Street. Current tenants provide steady income and growth potential through rent upside and expansion of rentable square footage! Rents are below market value, offering potential for rental income growth. Includes a buildable expansion lot at 516 South Street. Tenants pay all expenses other than taxes and water

ASK ABOUT THIS PROPERTY

Tom LaPerchHoulihan Lawrence CommercialMore Info
914-798-4900

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Tom LaPerchHoulihan Lawrence CommercialMore Info
914-798-4900

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.