Distribution
For Sale
Contact for pricing
38 Jeanne Dr, Newburgh, NY 12550
The property is identified as a fulfillment facility.
Property Size42,850 SF
Days on Market53
Property Features for 38 Jeanne Dr
General Information
Standard status
Active
Size
42,850 SF
Property subtype
Industrial
Lease Term
Modified Gross plus Utilities
Building Details
Building Size
42,850 SF
Properties For Sale
at 38 Jeanne Dr Contact us38 Jeanne Drive
Size
10,000 SF
Term
Negotiable
38 Jeanne Drive
Size
3,000 SF
Term
Negotiable
Listing Agency:
CR Properties Group LLC
Listed By:
Thomas M. Cervone · License #49CE0922865
(845) 485-3100
Source:
Crproperties
Added: Aug 28
Changed: Oct 1
Last Checked: Oct 19 at 4:22AM
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 CR Properties Group LLC
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Investment Insights
Based on property information with market context.
This distribution-center property is identified as a fulfillment center. It is located at 38 Jeanne Dr, Newburgh, NY 12550.
Key Highlights
- Identified as a fulfillment center
- 38 Jeanne Dr, Newburgh, NY 12550
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$349,538
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,990,760
$7.0M
Cap Rate 7%
$4,993,400
$5.0M
Cap Rate 9%
$3,883,756
$3.9M
Market Conditions
NOI Build-Up for 42,850 SF
Gross rent
$601.6K $14.04/SF
− Vacancy
−$102.3K −$2.39/SF
EGI
$499.3K $11.65/SF
− OpEx
−$149.8K −$3.50/SF
NOI
$349.5K $8.16/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,990,760
Cap Rate 7%
$4,993,400
Cap Rate 9%
$3,883,756
Alternative Uses
Best Use
Warehouse
$6.06M
$5.31M – $7.07M
NOI $424,439 @ 7.0% cap · market cap 2,122,195.00%
Second Best
Industrial
$4.99M
$4.37M – $5.83M
NOI $349,538 @ 7.0% cap · market cap 1,747,690.00%
Theoretical Best
Office A
$14.51M
$12.70M – $16.93M
NOI $1,015,895 @ 7.0% cap · market cap 5,079,475.00%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
185
Businesses Nearby
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
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Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Distribution center - The property is identified as a fulfillment facility.
Where is this distribution center located?
The property is located at 38 Jeanne Dr Newburgh, NY.
What are key features of this property?
This property features: Identified as a fulfillment center; 38 Jeanne Dr, Newburgh, NY 12550
