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9
2 Victory Court
Newburgh
,
NY 12550
$1,800,000
Office
Commercial
ML#
H6304165
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,
Presented By:
Keller Williams Realty
(206) 445-4798
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516-536-2333, or
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Alvin Rush
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