About This Home
On a 0.02-acre lot, this commercial property has zero bedrooms and zero bathrooms; square footage is not provided. Located at 149 Broadway in Newburgh, NY, the property is a unique, narrow renovated building positioned on a corner for visibility. The building has been updated and stabilized and is occupied by one tenant who has been in place for more than 20 years.
Current property information indicates an approximate annual net operating income of $42,000. The existing tenancy has approximately 1.5 years remaining before a renewal option. Building features include central air conditioning and natural gas heating. Offered at $395,000, this commercial property combines an established tenant, renovated condition, and a prominent corner setting in Newburgh. The property is presented as an investment with current occupancy and lease details available as noted.
Key Features
- 0.02 acre lot
Amenities
Updated and stabilized with one tenant that has been there over 20 years. Unique narrow renovated building on Corner for great visibility. NOI appx. 42k ann. 1.5 years left before renewal option with current tenant.
Monthly Cost Estimate
$2,113/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
149 Broadway
Newburgh, NY 12550
Property Details
Construction
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 149 Broadway is listed at $395,000. The estimated monthly payment is $2,112 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 0.02 acre lot.
This property is listed by Craig Pelsue and can be reached at 8455275572.
