Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
Listing photo for 2 Victory Court, Newburgh, NY
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2 Victory Court,

Newburgh, NY

$2,099,900

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...

Facts & Features
MLS® # H6304165
Price $2,099,900
Bathrooms 0.00
Acres 0.00
Type Commercial Sale
Sub-Type Office
Status Active
MLS hgmls
Community Information
Address 2 Victory Court
City Newburgh
County Orange
State NY
Zip Code 12550
Amenities
Is Waterfront No
Has Pool No
Interior
Heating Oil, Forced Air
Cooling Central Air
Has Basement No
Fireplace No
School Information
District Newburgh
Additional Information
Date Listed May 14th, 2024
Days on Market 58
Zoning (B) Business
Short Sale No
RE / Bank Owned No
Listing Details
Listing Courtesy of Keller Williams Realty
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Listing information last updated on July 12th, 2024 at 2:06am EDT.