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    2 Victory Ct Newburgh, NY 12550

    Sponsored
    For Sale
    $1,800,000

    High-Yield Medical Office, 8 Years Lease Remaining

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional investment opportunity presents a cash-flowing medical office building situated on a 0.54-acre lot at 2 Victory Ct, Newburgh, NY. Currently leased to an established medical tenant under an absolute triple-net lease with approximately eight years remaining on a ten-year term, this property boasts a strong net operating income of $151,845 annually, with a built-in 2% annual escalation clause. The property offers a compelling 7.5% capitalization rate, making it an attractive addition to any investment portfolio. The building itself is in excellent condition and meticulously maintained, ensuring long-term value and minimal operational concerns. Its prime location benefits from high visibility and significant traffic volume, with a daily count of 12,271 vehicles passing by. Convenient access to major transportation arteries is a key advantage, situated just 1.5 miles from I-84 and 4 miles from I-87, providing easy access to Dutchess, Rockland, Westchester counties, New York City, and Northern New Jersey. The building utilizes oil-based heating. This is a rare opportunity to acquire a stable, high-performing asset in a desirable commercial location. The asking price is $1,800,000.

    Property Features for 2 Victory Ct

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    23,522 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Joyce Christina Physical Therapist Matthew Mikesh, PT Physical Therapist Stuart T. Styles, ... Orthopedic Surgeon Dr. Victor T. ... Orthopedic Surgeon Dr. Lawrence G. ... Orthopedic Surgeon

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange County
    State
    New York
    Longitude
    -74.04108
    Latitude
    41.53774

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    FAQs

    What type of property is this?
    Office Property / Space - High-Yield Medical Office, 8 Years Lease Remaining
    Where is this office property / space located?
    The property is located at 2 Victory Ct Newburgh, NY.
    What is the asking price?
    The asking price for this property is $1,800,000.
    (845) 928-8000
    Request Owner's contact information
    2 Victory Ct Newburgh, NY 12550
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    Newburgh, NY 12550
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    Realmo Value Estimation

    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.

    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.

    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
    2 Victory Ct Newburgh, NY 12550
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