2 Victory Court, Newburgh NY 12550

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$1,800,000

2 Victory Court, Newburgh, NY 12550

bedrooms

bathrooms

square feet

Acreage

0.5438

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year built

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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 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,

Location
Subdivision	-
County	Orange County
Elementary School	-
Middle School	-
High School	-

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MLS number: H6304165

Listing agent: Silvio Perez Lll #10401347944

Listing broker: Keller Williams Realty (845) 928-8000

Last update: Tuesday, December 17 2024 at 10:18 p.m. EST

Kotohomes National