2 Victory Court, Newburgh, NY

$1,800,000

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0.54

Acres

About 2 Victory Court

A/O_ 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

Features of 2 Victory Court

MLS® # H6304165
Price $1,800,000
Bathrooms 0.00
Acres 0.54
Type Commercial
Sub-Type Office
Status Pending

Community Information

Address 2 Victory Court
City Newburgh
County Orange County
State NY
Zip Code 12550

Additional Information

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Amenities

Parking Off Street, Parking Lot, Private
Is Waterfront No
Has Pool No

Interior

Appliances Electric Water Heater
Heating Forced Air, Oil
Cooling Central Air
Fireplace No

School Information

District Newburgh

Additional Information

Zoning (B) Business
Short Sale No
RE / Bank Owned No
Taxes (total) $24,168

Listing Details

OfficeKeller Williams Realty
Office Contact(206) 445-4798

Listing Map

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