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listing
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CommercialFor Sale
$2,099,900
2 Victory Court
Newburgh, NY 12550
Listed by: Keller Williams Realty, 845-928-8000
MLS: OneKey MLS
Est. Mortgage
$10,939/mo

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...

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Information courtesy of Keller Williams Realty is subject to verification and is not guaranteed.
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