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
Type Commercial
Sub-Type Office
Status Active

Community Information

Address 2 Victory Court
City Newburgh
County Orange
State NY
Zip Code 12550

Additional Information

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Amenities

Is Waterfront No
Has Pool No

Interior

Heating Oil, Forced Air
Cooling Central Air
Fireplace No

School Information

District Newburgh

Additional Information

Zoning (B) Business
Short Sale No
RE / Bank Owned No
Taxes (total) $24,168

Listing Details

OfficeKeller Williams Realty
Office Contact845-928-8000

Listing Map

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