Log In/Sign up
Your email has been sent.
Newburgh Commercial Property Assemblage 3 Properties Offered at £1,278,580 in Newburgh, NY
INVESTMENT HIGHLIGHTS
- In-Place income - Upside on below market rents, and 1,500 sq. ft. of expansion space
- Development expansion potential on vacant lot at 516 South Street
- Includes standalone house as a residential rental property
- Tenants pay operating expenses other than taxes and water
- 13,681 square feet of land (0.71 acres) - 11,000 sq. ft. of Building in total
EXECUTIVE SUMMARY
Don't miss this prime investment opportunity in Newburgh! Exciting chance to invest in two adjacent parcels totaling 0.71 acres on South Street. Current tenants provide steady income and growth potential through rent upside and expansion of rentable square footage!
Rents are below market value, offering potential for rental income growth.
Includes a buildable expansion lot at 516 South Street. Tenants pay all expenses other than taxes and water
Rents are below market value, offering potential for rental income growth.
Includes a buildable expansion lot at 516 South Street. Tenants pay all expenses other than taxes and water
DATA ROOM Click Here to Access
- Offering Memorandum
TAXES & OPERATING EXPENSES (PRO FORMA - 2024) |
ANNUAL |
|---|---|
| Gross Rental Income |
£135,379
|
| Other Income |
-
|
| Vacancy Loss |
-
|
| Effective Gross Income |
£135,379
|
| Taxes |
£8,770
|
| Operating Expenses |
£4,137
|
| Total Expenses |
£12,906
|
| Net Operating Income |
£122,473
|
TAXES & OPERATING EXPENSES (PRO FORMA - 2024)
| Gross Rental Income | |
|---|---|
| Annual | £135,379 |
| Other Income | |
|---|---|
| Annual | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | £135,379 |
| Taxes | |
|---|---|
| Annual | £8,770 |
| Operating Expenses | |
|---|---|
| Annual | £4,137 |
| Total Expenses | |
|---|---|
| Annual | £12,906 |
| Net Operating Income | |
|---|---|
| Annual | £122,473 |
PROPERTY FACTS
| Price | £1,278,580 | Number of Properties | 3 |
| Price psf | £51.24 / sq ft | Individually For Sale | 0 |
| Yield | 9% | Total Property Size | 24,952 sq ft |
| Sale Type | Investment | Total Land Area | 2.77 ac |
| Status | Active |
| Price | £1,278,580 |
| Price psf | £51.24 / sq ft |
| Yield | 9% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Property Size | 24,952 sq ft |
| Total Land Area | 2.77 ac |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
| 520-524 South St, Newburgh, NY 12550 | Industrial | 11,500 sq ft | 1960 | - |
| 516 South St, Newburgh, NY 12550 | Land | 0.10 ac | - | - |
| 518 South St, Newburgh, NY 12550 | Specialist | 13,452 sq ft | 1960 | - |
1 1
1 of 12
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Newburgh Commercial Property Assemblage
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.