257 Broadway - Office FOR SALE


Newburgh, NY 12550
$699,000 USD
845-527-5572
257 Broadway, Newburgh, NY for Sale
$699,000 USD
Office - FOR SALE
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null | Request Cap Rate

257 Broadway
Newburgh, NY 12550


OVERVIEW

100% occupied Mixed-use building with 2-2BR Residential above and two commercial units on Broadway level. Second commercial unit needs a little construction to complete (not currently rented) Gross Rental Income currently $61,500 annually. With 2nd commercial space leased, Gross rental income is projected at $85,500 with NOI of $64,795.

FOR SALE DETAILS

PRICE

$699,000 USD

PRICE/SF

$109 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Office Resi with additional rental potential

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,499 SF

ZONING

BC

APN/PARCEL ID

331100-035-000-0002-003.000-0000

ASK ABOUT THIS PROPERTY

Craig PelsueKeller Williams Realty PartnersMore Info
845-527-5572

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Craig PelsueKeller Williams Realty PartnersMore Info
845-527-5572

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.