Industrial Flex
For Sale
$1,200,000
25 Carpenter Avenue, Newburgh, NY 12550
The former lumberyard has multiple access points and a commercial structure suited to storage or fabrication uses.
Property Size4,000 SF
Price / SF$300
Days on Market192
Property Features for 25 Carpenter Avenue
General Information
Standard status
Active
Size
4,000 SF
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$17,000
Building Details
Building Size
4,000 SF
Units
1
Listing Agency:
John J Lease REALTORS Inc
(845) 565-2800
Listed By:
Patrick Casilli · License #10401301916
(845) 542-2286
Source:
Clairedleone
Added: Apr 17
Changed: Oct 23
Last Checked: Oct 23 at 4:06PM
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 John J Lease REALTORS Inc
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 4,000-square-foot flex property at 25 Carpenter Avenue in Newburgh includes a commercial structure and was formerly used as a lumberyard. Multiple access points serve the site. The property is near Broadway, major highways, and regional transportation.
Key Highlights
- 4,000‑square‑foot commercial structure
- Multiple access points
- Former lumberyard use
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,633
Cap Rate
3.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,660
$932.7K
Cap Rate 7%
$666,186
$666.2K
Cap Rate 9%
$518,144
$518.1K
Market Conditions
NOI Build-Up for 4,000 SF
Gross rent
$75.4K $18.84/SF
− Vacancy
−$3.6K −$0.90/SF
EGI
$71.7K $17.94/SF
− OpEx
−$25.1K −$6.28/SF
NOI
$46.6K $11.66/SF
Area
Orange County, NY
Vacancy
4.80%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$932,660
Cap Rate 7%
$666,186
Cap Rate 9%
$518,144
Alternative Uses
Best Use
Flex RnD
$666.2K
$582.9K – $777.2K
NOI $46,633 @ 7.0% cap · market cap 3.89%
Second Best
Warehouse
$566.0K
$495.3K – $660.4K
NOI $39,621 @ 7.0% cap · market cap 3.30%
Theoretical Best
Office A
$1.35M
$1.19M – $1.58M
NOI $94,833 @ 7.0% cap · market cap 7.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,852
Businesses Nearby
Under-served
Demand for This Use
Explore this area
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- Palmpanada Island — Broadway, Newburgh, NY 12550
Frequently Asked Questions
What type of property is this?
Flex space - The former lumberyard has multiple access points and a commercial structure suited to storage or fabrication uses.
Where is this flex space located?
The property is located at 25 Carpenter Avenue Newburgh, NY.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 4,000‑square‑foot commercial structure; Multiple access points; Former lumberyard use
