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
AVG $320K
$1.6M
Taxes
AVG $6,927
$10,006
Visits
AVG 50
33
Year Built
AVG 1956
1916
Walkscore
AVG 49
18
Data Provided by Walkscore ® not using MLS data

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