313 Fullerton Avenue, Newburgh, NY 12550
SINGLE_FAMILY - Newburgh, NY
- Added:
- Jun 19, 2026
- Days on Market:
- 18
- Last Refresh:
- Jul 6 at 5:06 pm
Property Features for 313 Fullerton Avenue
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- CD
- Parking
- 12
- Parking features
- Driveway, Parking Lot
- Standard status
- Active
- APN
- 331100-006-000-0005-004.000-0000
- Lot size
- 0.22 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 11170
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Electric
- Water source
- Public
Building Details
- Number of units
- 6
- Building materials
- Block, Frame
Listing agent Melissa M Forsyth License #10491201874 (914) 213-4259
Listing office Hudson Valley Home Connection 52 North Plank Rd., Newburgh, NY (914) 213-4259
Listing date Jun 19, 2026
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.
HighLights
- Over 3,000 SF renovated professional office building with six individual office suites
- Projected gross rental income exceeding $7,000 per month and over $84,000 annually when fully leased
- Separate electric service and individually metered utilities for each suite, with independent heating and cooling systems
- Fully renovated elevator with handicapped‑accessible building features throughout
- Private off‑street parking with an oversized professional lobby and common areas
- Updates/upgrades include windows, doors, flooring, bathrooms, electrical systems, heating/cooling, and a Generac generator
Overview
Located at 313 Fullerton Avenue in the City of Newburgh, the property sits among established medical and professional businesses, providing a tenant mix aligned with professional office uses. The building features private off-street parking.
For tenants, the suite-by-suite metering and independent HVAC offer practical control over utility usage. For buyers and owner-users, the six-suite structure supports occupying part of the building while leasing the remaining suites. The offering is presented as a turnkey investment opportunity, with projected gross rental income exceeding $7,000 per month when fully leased, and projected annual gross income over $84,000.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.8k | $33.60 |
| − Vacancy | −$11.9k | −$3.96 |
| EGI | $88.9k | $29.64 |
| − OpEx | −$35.6k | −$11.85 |
| NOI | $53.3k | $17.78 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.025558
- Latitude
- 41.5122486
