Mixed-Use Property with
New
For Sale
$1,495,000
5251 Route 9W, Newburgh, NY 12550
Nine residential units, three commercial storefronts, and warehouse/garage improvements create a combined residential and commercial configuration.
Property Size9,476 SF
Days on Market2
Property Features for 5251 Route 9W
General Information
Standard status
Active
Size
9,476 SF
Property subtype
Commercial
Property Condition
Severity
Teardown
Evidence
Tear it down.
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Multifamily Units
9
Taxes and HOA fees
Annual Taxes
$37,414
Building Details
Building Size
9,476 SF
Units
13
Tenancy
Multi
Listing Agency:
Curasi Realty
(914) 388-5239
Listed By:
Dawn E. Gregg · License #30GR0943069
(914) 388-5239
Source:
Elliman
Added: Aug 21
Changed: Aug 22
Last Checked: Aug 22 at 6:06AM
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 Curasi Realty
Investment Insights
Based on property information with market context.
This mixed-use property includes 9 residential units, 3 commercial storefronts, and a warehouse/garage area. The existing improvements are being offered as-is, allowing buyers to evaluate renovation, restoration, repositioning, or redevelopment plans based on their own objectives.
The property is located at 5251 Route 9W in Newburgh, with substantial frontage and exposure along the traveled roadway. Its configuration combines residential and commercial components within one property. Buyers should independently verify zoning, permitted uses, development potential, and applicable municipal requirements.
The property is located at 5251 Route 9W in Newburgh, with substantial frontage and exposure along the traveled roadway. Its configuration combines residential and commercial components within one property. Buyers should independently verify zoning, permitted uses, development potential, and applicable municipal requirements.
Key Highlights
- 9 residential units
- 3 commercial storefronts
- Warehouse/garage space included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$115,338
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.71%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,306,760
$2.3M
Cap Rate 7%
$1,647,686
$1.6M
Cap Rate 9%
$1,281,533
$1.3M
Market Conditions
NOI Build-Up for 9,476 SF
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.
Gross rent
$170.6K $18.00/SF
− Vacancy
−$5.8K −$0.61/SF
EGI
$164.8K $17.39/SF
− OpEx
−$49.4K −$5.22/SF
NOI
$115.3K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$2,306,760
Cap Rate 7%
$1,647,686
Cap Rate 9%
$1,281,533
Alternative Uses
Best Use
Apartment 5plus
$2.53M
$2.22M – $2.95M
NOI $177,253 @ 7.0% cap · market cap 11.86%
Second Best
Retail
$1.65M
$1.44M – $1.92M
NOI $115,338 @ 7.0% cap · market cap 7.71%
Theoretical Best
Office A
$3.21M
$2.81M – $3.74M
NOI $224,659 @ 7.0% cap · market cap 15.03%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
9
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
121
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
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Nine residential units, three commercial storefronts, and warehouse/garage improvements create a combined residential and commercial configuration.
Where is this mixed-use property located?
The property is located at 5251 Route 9W Newburgh, NY.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: 9 residential units; 3 commercial storefronts; Warehouse/garage space included
