Address
5200 Route 9W, Newburgh, NY 12550 Newburgh, NY
Price
$ 1,600,000
Property Attributes
- MLS#H6057346
- TypeContingent
- CountyORANGE
- CityNewburgh
- AreaNewburgh
- NeighborhoodNewburgh
- Zip12550
- StyleRetail
- Year Built1916
- Taxes10006
- Price$ 1,600,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
Listing Provided Courtesy Of:
Jay F Feinberg with Keller Williams Hudson Valley
Property Description
Multi facet investment or owner/operator opportunity in Town of Newburgh, NY. Part #1 of this 3 part investment consists of an in-force existing NNN ground lease on 1.5 acres that currently houses 9W Deisel Service. The 2nd part(Industrial) of this investment consists of a large 4,200 sqft 3 bay garage w/14 ft doors and high ceilings large enough for semi tractor trailers and large storage yard. This section is perfect for an owner/operator or as an investment for a NNN lease. This space can also be converted to flexspace/warehouse. Section #3 is residential. It consists of a tenant occupied original farm house built in 1916. There is also a barn near the primary residence with a section that was converted into a 1Bed, 1Bath apartment for additional income. This property offers exceptional cash flow for the investor as well as the potential for an owner/operator to occupy the garage/warehouse and storage yard area while collecting rental income from the additional assets.
| Price History | |
|---|---|
| 7/24/2020 | Listed $1,600,000 |
General Features
| Buildingareaunits | Square Feet |
|---|---|
| Business Type | Retail |
| Construction Materials | Frame |
| Cooling | Central Air |
| Elementary School District | Newburgh |
| Heating | Oil, Forced Air |
| High School District | Newburgh |
| Hot Water | On Demand |
| Middle/Junior School District | Newburgh |
| Property SubType | Retail |
| Property Type | Commercial Sale |
| Sewer | Public Sewer |
| Tax Annual Amount | 10006.00 |
| Village | None |
| Zoning Description | Commercial |
Interior Features
| Air Conditioning Y/N | Yes |
|---|
Exterior Features
| Buildingsize | 10000 |
|---|---|
| Lot Size Units | Acres |
| Water Source | Public |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 12550
Price
Taxes
Visits
Year Built
Walkscore
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