For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Fully Renovated Professional Office Building Title is generated by Realmo AI

    313 Fullerton Avenue, Newburgh, NY 12550

    View on Map
    Claim this Listing
    New
    For Sale
    $719,000

    SINGLE_FAMILY - Newburgh, NY

    Type:Office
    Property size:
    3,000 SF
    Lot size:
    0.22 Acres
    Price / SF:
    $239/SF
    Added:
    Jun 19, 2026
    Days on Market:
    2
    Last Refresh:
    Jun 20 at 8:06 pm

    Property Features for 313 Fullerton Avenue

    General Information

    Property type
    Residential
    Property subtype
    Office
    Zoning
    CD
    Parking
    12
    Parking features
    Driveway, Parking Lot
    Standard status
    Active
    APN
    331100-006-000-0005-004.000-0000
    Lot size
    0.22 Acres

    Taxes and HOA fees

    Tax Year
    2025
    Tax Annual Amount
    11170

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric
    Water source
    Public

    Building Details

    Number of units
    6
    Building materials
    Block

    We can help!

    Listing Contact
    Melissa M Forsyth

    Listing agent Melissa M Forsyth License #10491201874

    Listing office Hudson Valley Home Connection 52 North Plank Rd., Newburgh, NY

    Listing date Jun 19, 2026

    MLS# 1016034

    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.

    HighLights

    • Over 3,000 SF of fully renovated professional office space with six individual office suites
    • Projected gross rental income exceeds $84,000 annually (projected over $7,000/month when fully leased)
    • Each suite is individually metered with separate electric service plus independent electric heating and cooling systems
    • Fully renovated elevator provides access to all levels; building is handicapped accessible
    • Private off‑street parking with driveway and parking lot
    • Block construction with public water and public sewer

    Overview

    This fully renovated professional office building is configured into six individual office suites within an approximately 3,000+ square-foot layout. The renovation scope includes replaced or upgraded windows, doors, flooring, bathrooms, electrical systems, heating and cooling systems, and common areas, along with a fully renovated elevator. The property is fully handicapped accessible, and each suite is separately metered for electric service with independent heating and cooling systems, giving tenants direct control of their utilities.

    Located in the City of Newburgh at 313 Fullerton Avenue, the building is situated among established medical offices, healthcare providers, and professional businesses. It offers private off-street parking and an oversized professional lobby and common areas, with elevator access to all levels.

    The space can suit medical, wellness, counseling, legal, accounting, insurance, executive office, and other professional service tenants seeking turnkey condition and suite-level utility separation. It may also appeal to an owner-user looking to occupy a portion of the building while generating income from the remaining suites. The listing presents the property as a turnkey investment opportunity with projected gross rental income exceeding $7,000 per month when fully leased and projected annual gross income over $84,000.

    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 (±1% cap)
    NOI $53,343 @ 7.0% cap · market cap 7.42%
    Second Best
    Office B
    $717.1K
    $627.5K – $836.6K (±1% cap)
    NOI $50,198 @ 7.0% cap · market cap 6.98%
    Theoretical Best
    Office A
    $1.02M
    $889.1K – $1.19M (±1% cap)
    NOI $71,124 @ 7.0% cap · market cap 9.89%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile 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

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.025558
    Latitude
    41.5122486

    FAQs

    What type of property is this?
    Office units - Six-suite office building with separate electric metering, independent HVAC, elevator service, and private parking.
    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: Over 3,000 SF of fully renovated professional office space with six individual office suites; Projected gross rental income exceeds $84,000 annually (projected over $7,000/month when fully leased); Each suite is individually metered with separate electric service plus independent electric heating and cooling systems
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message