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Renovated Two-Floor Office Units
For Lease
$2,950/Mo

337 Powell Ave, Newburgh, NY 12550

Six-office professional setting with kitchenette, hardwood floors, and on-site parking.

Space Size2,404 SF
Days on Market49

Property Features for 337 Powell Ave

General Information

Standard status Active
Size 2,404 SF
Net Rentable 2,404 SF
Property subtype Commercial

Space & Availability

Available Space 2,404 SF
Floor Floors 1-2
Space Use Office
Private Offices 6

Additional Details

Highway Access Yes

Amenities

kitchenette
hardwood floors
ample parking

Building Details

Building Size 2,404 SF
Year Built 1928
Stories 2
Construction brick
Listing Agency: John J Lease REALTORS
Listed By: Kathryn M DeCrosta · License #40DE0938117
Source: Elliman
Added: Sep 14 Changed: Oct 31 Last Checked: Oct 30 at 4:00PM

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

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Investment Insights

Based on property information with market context.

Located at 337 Powell Avenue, this office property provides 2,404 SF across two floors in a converted brick residence built in 1928. The layout includes six private offices, a kitchenette, 1.5 bathrooms, hardwood flooring, and abundant natural light. Recent renovation work adds to the property's functional professional setting while retaining the character of the original structure.

The building sits directly across from the entrance to Mount Saint Mary College and offers convenient access to I-84, the Newburgh-Beacon Bridge, and the New York State Thruway. Off-street parking is available on site, supporting daily employee and visitor use. The configuration can accommodate a range of professional office operations, including administrative, advisory, and service-oriented practices.

Key Highlights

  • 2,404 SF arranged across two floors
  • Six private offices with kitchenette and 1.5 bathrooms
  • Recently renovated brick office property built in 1928

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office Units

Suggested Use

Top Pick Gym & Fitness Center (Bike/Boat/Book/etc) Store Carpet & Flooring Store Home Appliance Store Veterinary Clinic Catering Service

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

Yes
Highway access
NNN (Triple Net)
Lease Type
$2.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

616
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

$26.71 /SF/Yr
Avg Asking Price
$7.5–$55.2 /SF/Yr
Price Range
1,808 SF
Avg Space Size

This space is priced 45% below the average of $26.71 /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

Frequently Asked Questions

What type of property is this?
Office unit - Six-office professional setting with kitchenette, hardwood floors, and on-site parking.
Where is this office unit located?
The property is located at 337 Powell Ave Newburgh, NY.
What is the lease rate?
The lease rate is $2,950/Mo.
What are key features of this property?
This property features: 2,404 SF arranged across two floors; Six private offices with kitchenette and 1.5 bathrooms; Recently renovated brick office property built in 1928
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