400 Gidney Avenue

Newburgh, NY 12550 Directions
$725,000
  • 5,850Sqft
  • $124Price/Sqft

Property Highlights

  • Days on Market: 17
  • MLS: 4910613

Property Highlights

  • Days on Market: 17
  • MLS: 4910613

Great investment opportunity. High end, 3 unit, 5850 sq. ft. medical office building with 21/22 parking spaces in prime Newburgh location. Main occupancy of largest space, 4350 sq. ft. will remain with new triple net lease. Cap rate approx. 10%. Original renovations $500, 000. Recent improvements such as new parking lot, interior and exterior painting, etc. totaling approx. $98, 000. Close to major shopping, I87, I84, Hudson Riverfront, Restaurants.

Great investment opportunity. High end, 3 unit, 5850 sq. ft. medical office building with 21/22 parking spaces in prime Newburgh location. Main occupancy of largest space, 4350 sq. ft. will remain with new triple net lease. Cap rate approx. 10%. Original renovations $500, 000. Recent improvements such as new parking lot, interior and exterior painting, etc. totaling approx. $98, 000. Close to major shopping, I87, I84, Hudson Riverfront, Restaurants.

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  • Additional Information
    • Days On Market: 16
    • Living Area SqFt: 5,850
    • Parking: Lot Parking, Other/See Remarks
    • School District: Newburgh
    • Sewer: Municipal
    • Status: Active
    • Tax Amount: $32,709
    • Tax Year: 2017
    • Transaction Type: Sale
    • Type: Commercial
    • Zoning: COM
  • Interior/Exterior Features
    • Air Conditioning: Central
    • Heat: Forced Air, Heat Pump Air
    • Heat Fuel: Electric
    • Hot Water: Electric Stand Alone

Listing Courtesy of Rand Commercial.

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