Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    136 Lake St, Unit 2 Newburgh, NY 12550

    Sponsored
    For Lease
    $3,000 /Mo ($0.30 SF/Yr)

    COMMERCIAL - Newburgh, NY

    Type:Retail
    Property size:
    2,500 SF
    Lot size:
    2.80 Acres
    Days on Market:
    5
    Last Refresh:
    Jan 24 at 4:06 pm

    Property Features for 136 Lake St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Standard status
    Active
    APN
    331100-033-000-0007-029.100-0000
    Parking features
    Off Street, Parking Lot, Open
    Appliances
    Gas Water Heater
    Size
    2,500 SF
    Lot size
    2.80 Acres

    Utilities

    Utilities
    Natural Gas Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    1
    Number of units
    1
    Building materials
    Frame

    We can help!

    Listing Contact
    Dawn E. Gregg
    Dawn E. Gregg

    Curasi Realty (845) 457-9174

    Listing agent Dawn E. Gregg

    Listing date Jan 20, 2026

    MLS# 953138

    Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Lakeside Plaza Retail/Office Space

    Located in the Lakeside Plaza strip mall at 136 Lake Street, Unit #2 in Newburgh, NY, this corner unit offers 2,500 square feet of retail, office, or professional space. The property is currently set up as a successful smoke shop. It features the potential for private offices alongside a retail area. The unit has secure, covered access with double doors and excellent exposure from Route 32 due to high traffic and visibility. There is also an option to sublet part of the unit for additional office spaces. The property is located in Orange County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    orange county wine ... Liquor Store Planned Parenthood - Newburgh ... Abortion Clinic Super Kennedy Fried ... Chicken Restaurant Live In The Moment Events Event Planner White Atmoss CBD ... Vaporizer Store

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0305669
    Latitude
    41.497681

    Nearby Similar for Lease

    • $14 SF/Yr
      10,200 SF

      10,000 SF Office Building Available

      10,000 SF office building for lease in Newburgh, NY.
      4 Corwin Ct, Newburgh, NY 12550
      View Details
    • $5,000 /Mo

      New Windsor Class A Office

      Class A office space in landmark New Windsor building.
      103 Executive Dr, New Windsor, NY 12553
      View Details
    • $2,500 /Mo
      121,968 SF

      Retail/Office Space in Newburgh

      2500 SqFt retail/office space in Lakeside Plaza.
      136 Lake St, Newburgh, NY 12550
      View Details
    • $15 SF/Yr
      24,999 SF

      New Windsor Office Building For Lease

      Highly visible commercial space near Stewart Airport and major highways.
      563 Temple Hill Rd, New Windsor, NY 12553
      View Details
    • $2,195 /Mo
      2,000 SF

      Prime Retail Space on 9W

      Highly visible retail space on Route 9W in Newburgh.
      5251 Route 9W, Newburgh, NY 12550
      View Details
    • $2,202 /Mo
      850 SF

      Newburgh Commercial Space For Lease

      Turnkey commercial space in Newburgh's thriving historic district.
      41 Liberty St, Newburgh, NY 12550
      View Details
    • $2,000 /Mo
      1,050 SF

      Newburgh Office/Medical Space For Lease

      Two 1050 SF units, can be combined, immediate occupancy.
      193 S Plank Rd, Newburgh, NY 12550
      View Details
    • New
      $2,400 /Mo
      121,968 SF

      Lakeside Plaza Retail/Office Space

      2000 SqFt space in high-traffic Newburgh strip mall.
      136 Lake St, Newburgh, NY 12550
      View Details
    • $5,000 /Mo

      Penthouse Office Suite in Landmark

      Move-in ready penthouse office suite suitable for medical applications.
      103 Executive Dr, New Windsor, NY 12553
      View Details
    • $1,650 /Mo

      Newburgh Commercial Space For Lease

      Turnkey commercial space in Newburgh's thriving historic district.
      41 Liberty St, Newburgh, NY 12550
      View Details
    • $4,500 /Mo

      Newburgh Class A Office Space

      Highly visible office space near I-84 and Newburgh Beacon Bridge.
      5020 Us Route 9W, Newburgh, NY 12550
      View Details
    • $4,000 /Mo
      3,200 SF

      Newburgh Office Suite For Rent

      Office suite with private entrance, parking, and included utilities.
      1 Scobie Dr, Newburgh, NY 12550
      View Details

    FAQs

    What type of property is this?
    Strip mall - 2,500 SF retail/office space with high visibility.
    Where is this strip mall located?
    The property is located at 136 Lake St, Unit 2 Newburgh, NY.
    What is the lease rate?
    The lease rate is $0.30 SF/Yr.
    What are key features of this property?
    This property features: - High-visibility corner unit with excellent exposure from Route 32.; - 2,500 sq ft of flexible space suitable for retail, office, or professional use.; - Currently set up as a successful smoke shop, offering a turnkey business opportunity.
    (845) 457-9174
    Request Owner's contact information
    136 Lake St, Unit 2 Newburgh, NY 12550
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    136 Lake St, Unit 2
    Newburgh, NY 12550
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    136 Lake St, Unit 2 Newburgh, NY 12550
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Dawn E. Gregg
    Dawn E. Gregg
    Real Estate License ID: 30GR0943069
    (845) 457-9174
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.