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Professional Office Space on Broadway
For Lease
$5,000/Mo

244 Broadway, Newburgh, NY 12550

2,500 sq ft office space suitable for medical or professional use.

Space SizeContact for details
Lot Size0.25 Acres
Days on Market166

Property Features for 244 Broadway

General Information

Standard status Active
Lot size 0.25 Acres
Property subtype Commercial

Building Details

Year Built 1910
Listing Agency: RE/MAX BENCHMARK REALTY GROUP
Listed By: George K Koudounas · License #30KO1024277
Source: Elliman
Added: Mar 11 Changed: Jul 6 Last Checked: Aug 22 at 9:08AM

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 RE/MAX BENCHMARK REALTY GROUP

Investment Insights

Based on property information with market context.

This approximately 2,500 square foot office space is available for lease on Broadway. The space is suitable for dental or general office use. It features a medical setup with multiple exam rooms equipped with water, a break room, multiple washrooms, a waiting room, and a reception area. The property offers no-step access and direct exposure to the main road, providing high visibility. The previous tenant was a dentist, making it easily adaptable for dental practice. The brick building has been professionally rehabbed and includes central air. An adjacent, almost identical office space is available, potentially offering a combined area of approximately 5,000 square feet. The spaces can be connected to form one unit or remain separate.

Key Highlights

  • High visibility location on Broadway with direct exposure to the main road.
  • Approximately 2,500 sq. ft. of professional office space.
  • Medical/Dental ready with multiple exam rooms with water and existing infrastructure.

Property Analytics

Current Use

YELENA SHUBINA Physician Elite Orthopedic & Rehabilitation Medical Clinic

Suggested Use

Top Pick Real Estate Agency Law Firm Veterinary Clinic (Bike/Boat/Book/etc) Store Garden Center Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$3.60 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,905
Businesses Nearby
Under-served
Demand for This Use

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

Market

Lease Benchmarks for Newburgh, NY

$26.65 /SF/Yr
Avg Asking Price
$19.5–$42 /SF/Yr
Price Range
8,758 SF
Avg Space Size

This space is priced 10% below the average of $26.65 /SF/Yr.

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Similar Off Market Nearby

  • West End Veterinary Office 41 Fullerton Ave, Newburgh, NY 12550

Frequently Asked Questions

What type of property is this?
Medical Office Space - 2,500 sq ft office space suitable for medical or professional use.
Where is this medical office space located?
The property is located at 244 Broadway Newburgh, NY.
What is the lease rate?
The lease rate is $5,000/Mo.
What are key features of this property?
This property features: High visibility location on Broadway with direct exposure to the main road.; Approximately 2,500 sq. ft. of professional office space.; Medical/Dental ready with multiple exam rooms with water and existing infrastructure.
More about this property
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