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    6 Route 17K Newburgh, NY 12550

    Sponsored
    For Sale
    $2,900,000

    Prime Newburgh location, 3,704 SF, 3.3 acres

    Property size:
    3,704 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional retail property, located at 6 Route 17k in Newburgh, New York, presents a unique investment opportunity. The 3,704 square foot building sits on a spacious 3.3-acre lot, offering ample parking and significant road frontage along the busy Route 17k. Previously used as an auto sales showroom, the property boasts an open floor plan with large windows, maximizing visibility and natural light. The zoning is designated as COM, allowing for flexibility in potential uses. The single-story building is situated on a flat lot, providing easy access and maneuverability. Its strategic location offers convenient access to major transportation arteries, including I-84 and the New York State Thruway (I-87), ensuring high visibility and accessibility for customers. The property is offered at an asking price of $2,900,000 and is available as an owner/user opportunity with a NNN lease type. The substantial lot size presents the possibility of future expansion or the construction of additional structures. This blank canvas awaits a visionary owner to transform it into a thriving retail destination. The property's address is 6 Route 17k, Newburgh, NY 12550, with the APN 334600-097-000-0001-022.000-0000.

    Property Features for 6 Route 17K

    General Information

    Property type
    Lifestyle centers
    Square Feet
    3,704 SF
    Lot Size
    143,748 SF

    Building Details

    Buildings
    1
    Stories
    1
    Units
    1
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0488964
    Latitude
    41.5030901

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Newburgh location, 3,704 SF, 3.3 acres
    Where is this lifestyle center located?
    The property is located at 6 Route 17K Newburgh, NY.
    What is the asking price?
    The asking price for this property is $2,900,000.
    Request Owner's contact information
    6 Route 17K Newburgh, NY 12550
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    Newburgh, NY 12550
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6 Route 17K Newburgh, NY 12550
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