Mixed-Use Property with
For Sale
$899,000
1860 Route 300, Newburgh, NY 12550
Two buildings, a fenced play area and on-site storage support a range of educational or mixed-use operations.
Property Size3,736 SF
Lot Size3.00 Acres
Price / SF$240.63
Days on Market290
Property Features for 1860 Route 300
General Information
Standard status
Active
Size
3,736 SF
Lot size
3.00 Acres
Property subtype
Commercial
Additional Details
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$17,399
Amenities
playground
Building Details
Building Size
3,736 SF
Year Built
1987
Buildings
2
Stories
2
Listing Agency:
HomeSmart Homes & Estates
(845) 547-0005
Listed By:
Steven Esposito
(845) 728-1618
Source:
Croninreale
Added: Jan 8
Changed: Oct 23
Last Checked: Oct 23 at 9:55AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of HomeSmart Homes & Estates
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Investment Insights
Based on property information with market context.
Set on 3 acres, this mixed-use property includes a main building of more than 3,000 square feet and a detached garage. The main structure has two classrooms with separate entrances, two bathrooms—including a children’s accessible bathroom—an entry office and multiple storage areas. The upper floor includes an open room, a bathroom and a two-bedroom apartment with exterior access. A fenced, level playground sits behind the building, and the garage is complemented by a separate lower-level storage room.
The property has a history of use as a nursery school and learning center. The Buderus heating system and roofs on both buildings were upgraded within the last seven years. On-site parking is located on both sides of the main building, and equipment is available.
The property has a history of use as a nursery school and learning center. The Buderus heating system and roofs on both buildings were upgraded within the last seven years. On-site parking is located on both sides of the main building, and equipment is available.
Key Highlights
- 3‑acre property with two structures
- Main building exceeds 3,000 square feet
- Two‑bedroom apartment on the upper level, with exterior access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,531
Cap Rate
3.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,620
$650.6K
Cap Rate 7%
$464,729
$464.7K
Cap Rate 9%
$361,456
$361.5K
Market Conditions
NOI Build-Up for 3,736 SF
Gross rent
$60.5K $16.20/SF
− Vacancy
−$8.5K −$2.27/SF
EGI
$52.0K $13.93/SF
− OpEx
−$19.5K −$5.22/SF
NOI
$32.5K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,620
Cap Rate 7%
$464,729
Cap Rate 9%
$361,456
Alternative Uses
Best Use
Mixed Use
$464.7K
$406.6K – $542.2K
NOI $32,531 @ 7.0% cap · market cap 3.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $88,574 @ 7.0% cap · market cap 9.85%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
40
Businesses Nearby
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Business Placement
Demographics for 12550, NY
55,869
Population
22,204
Households
2.5
Avg Household Size
37
Median Age
26%
College-Educated
86%
High-School Grad
34.7 sq mi
ZIP Area
1,610
Density / Sq Mi
$78,019
Median Household Income
$40,762
Median Earnings
$1,466
Median Rent
$297,400
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Two buildings, a fenced play area and on-site storage support a range of educational or mixed-use operations.
Where is this mixed-use property located?
The property is located at 1860 Route 300 Newburgh, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: 3‑acre property with two structures; Main building exceeds 3,000 square feet; Two‑bedroom apartment on the upper level, with exterior access
