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Broadway-Front Office Units
For Lease
$4,500/Mo Modified Gross

245 Broadway, Newburgh, NY 12550

Commercial Lease, Newburgh, NY

Space Size6,900 SF - 16,000 SF
Lot Size0.18 Acres
Days on Market353

Property Features for 245 Broadway

General Information

Property type Commercial Lease
Property subtype Office
Zoning BC
Appliances Gas Water Heater
Standard status Active
APN 331100-035-000-0002-008.100-0000
Lot size 0.18 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 1

Utilities

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

Amenities

natural light
Listing Agency: Keller Williams Realty
Listed By: Craig Pelsue
Added: Oct 15, 2025 Changed: Oct 1 Last Checked: Oct 2 at 4:06AM
MLS# 924828

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.

Investment Insights

Based on property information with market context.

This office-unit offering provides approximately 6,900 SF of open area and office space with strong natural illumination. The layout can accommodate office, retail, and professional-service uses identified for the premises. Existing kitchen infrastructure includes stubs for gas, sewer, water, and a hood system. Heating is provided by natural gas forced air, with central air conditioning and a gas water heater.

The space fronts Broadway in Newburgh and is served by public water and public sewer. Additional space above and adjacent to the premises may bring the combined availability to as much as 16,000 square feet. The lease structure is modified gross, with the tenant responsible for utilities. Showings require 24–48 hours’ notice, and the owner’s broker will attend appointments.

Key Highlights

  • Approximately 6,900 SF of open area and office space
  • Broadway frontage in Newburgh, NY 12550
  • BC zoning

Property Analytics

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Current Use

Office Units

Suggested Use

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

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

Multi-tenant
Tenancy
Yes
Paved road access
Yes
Utilities to site
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

1,905
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Newburgh, NY

$22.06 /SF/Yr
Avg Asking Price
$14.29–$48.21 /SF/Yr
Price Range
1,611 SF
Avg Space Size

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
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Frequently Asked Questions

What type of property is this?
Office units - Open-plan commercial space with offices, natural light, public utilities, and BC zoning under a modified gross lease.
Where is this office units located?
The property is located at 245 Broadway Newburgh, NY.
What is the lease rate?
The lease rate is $4,500/Mo.
What are key features of this property?
This property features: Approximately 6,900 SF of open area and office space; Broadway frontage in Newburgh, NY 12550; BC zoning
More about this property
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