Turnkey Renovated Office
313 Fullerton Avenue, Newburgh, NY 12550
Six-suite, fully renovated professional office building with private parking, elevator access, and separately metered utilities for tenant control.
Type:Office
Property size:
3,000 SFPrice / SF:
$239/SF- Added:
- Jun 19, 2026
- Days on Market:
- 13
- Last Refresh:
- Jun 24 at 3:00 am
Property Features for 313 Fullerton Avenue
General Information
- Standard status
- Active
- Size
- 3,000 SF
- Property subtype
- Office
Listing office Hudson Valley Home Connection
Listing date Jun 19, 2026
Source Crexi
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 Hudson Valley Home Connection
HighLights
- Fully renovated professional office building with over 3,000 SF and six individual office suites
- Projected gross rental income exceeding $84,000 annually (over $7,000/month when fully leased)
- Separate electric meters for each unit with independent heating and cooling systems
- Fully renovated elevator and oversized professional lobby with common areas
- Handicapped accessible with elevator access to all levels
- Private off‑street parking available; surrounded by medical and professional office buildings
Overview
This completely renovated professional office building offers a modern, turnkey setup with six individual office suites totaling over 3,000 square feet. The property features an oversized professional lobby and common areas, full handicapped accessibility, and a fully renovated elevator providing elevator access to all levels. Improvements called out in the renovation include replacement or upgrades to windows, doors, flooring, bathrooms, electrical systems, heating and cooling systems, and the building’s common areas. Each suite is individually metered with separate electric service and independent heating and cooling systems, giving tenants control of their own utility usage while helping limit owner expenses. The building is described as low-maintenance, with minimal deferred maintenance concerns.
Located in the City of Newburgh at 313 Fullerton Avenue, the property sits among established medical offices, healthcare providers, and professional businesses. The offering also includes private off-street parking, supporting day-to-day access for employees and visitors.
From a tenant perspective, the building’s suite-by-suite utility separation and independent HVAC systems can simplify operations for professional uses such as medical, wellness, counseling, legal, accounting, insurance, executive office, and other professional services. For an owner-user, the flexible floor plan described in the offering supports occupying a portion of the building while generating income from the remaining suites. The seller also provides projected gross rental income exceeding $84,000 annually when fully leased.
Located in the City of Newburgh at 313 Fullerton Avenue, the property sits among established medical offices, healthcare providers, and professional businesses. The offering also includes private off-street parking, supporting day-to-day access for employees and visitors.
From a tenant perspective, the building’s suite-by-suite utility separation and independent HVAC systems can simplify operations for professional uses such as medical, wellness, counseling, legal, accounting, insurance, executive office, and other professional services. For an owner-user, the flexible floor plan described in the offering supports occupying a portion of the building while generating income from the remaining suites. The seller also provides projected gross rental income exceeding $84,000 annually when fully leased.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.8k | $33.60 |
| − Vacancy | −$11.9k | −$3.96 |
| EGI | $88.9k | $29.64 |
| − OpEx | −$35.6k | −$11.85 |
| NOI | $53.3k | $17.78 |
3,000 SF · lease $33.60/SF/yr · vacancy 11.80% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$762.0K
$666.8K – $889.1K
NOI $53,343 @ 7.0% cap · market cap 7.42%
Second Best
Office B
$717.1K
$627.5K – $836.6K
NOI $50,198 @ 7.0% cap · market cap 6.98%
Theoretical Best
Office A
$1.02M
$889.1K – $1.19M
NOI $71,124 @ 7.0% cap · market cap 9.89%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Newburgh Eye Associates
Medical Clinic
Robert Ferrer LLC
Counselor
Faith Family Church
Church
Newburgh Eye Associates: ...
(Bike/Boat/Book/etc) Store
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.025558
- Latitude
- 41.5122486
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - Six-suite, fully renovated professional office building with private parking, elevator access, and separately metered utilities for tenant control.
Where is this office units located?
The property is located at 313 Fullerton Avenue Newburgh, NY.
What is the asking price?
The asking price for this property is $719,000.
What are key features of this property?
This property features: Fully renovated professional office building with over 3,000 SF and six individual office suites; Projected gross rental income exceeding $84,000 annually (over $7,000/month when fully leased); Separate electric meters for each unit with independent heating and cooling systems
