2 Victory Court, Newburgh, NY

$2,099,900

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About 2 Victory Court

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...

Features of 2 Victory Court

MLS® # H6304165
Price $2,099,900
Bathrooms 0.00
Acres 0.00
Taxes $24,168
Type Commercial Sale
Sub-Type Office
Status Active

Community Information

Address 2 Victory Court
City Newburgh
County Orange
State NY
Zip Code 12550
Adult 55+ Community No

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 67
Zoning (B) Business
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty

Listing Map

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