Corner Mixed-Use
For Sale
Contact for pricing
94 William St, Newburgh, NY 12550
Well-maintained mixed-use corner building with a 5,786 SF footprint and a documented rental history.
Property Size5,786 SF
Price / SF$120.96
Days on Market61
Property Features for 94 William St
General Information
Standard status
Active
Size
5,786 SF
Property subtype
RETAIL
Listing Agency:
Picture It Sold
(845) 283-5494
Listed By:
Angela Danosky · License #10401319013
(845) 283-5494
Source:
Moodyscre
Added: Jun 22
Changed: Aug 21
Last Checked: Aug 21 at 10:10AM
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 Picture It Sold
Investment Insights
Based on property information with market context.
This mixed-use corner building offers a total of 5,786 SF and is described as well-maintained. The property has been owned by the same family for 21 years and is being offered for sale for the first time in over two decades.
The offering highlights a solid rental history and notes potential for increased income. As presented, this is a turn-key opportunity for buyers seeking a mixed-use asset with established performance.
The offering highlights a solid rental history and notes potential for increased income. As presented, this is a turn-key opportunity for buyers seeking a mixed-use asset with established performance.
Key Highlights
- 5,786 SF mixed‑use corner building with a documented rental history
- Well‑maintained property with solid rental history
- Owned by the same family for 21 years
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
$50,382
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
7.20%
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%
$1,007,640
$1.0M
Cap Rate 7%
$719,743
$719.7K
Cap Rate 9%
$559,800
$559.8K
Market Conditions
NOI Build-Up for 5,786 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
$93.7K $16.20/SF
− Vacancy
−$13.1K −$2.27/SF
EGI
$80.6K $13.93/SF
− OpEx
−$30.2K −$5.22/SF
NOI
$50.4K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
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%
$1,007,640
Cap Rate 7%
$719,743
Cap Rate 9%
$559,800
Alternative Uses
Best Use
Retail
$1.01M
$880.3K – $1.17M
NOI $70,425 @ 7.0% cap · market cap 10.06%
Second Best
Mixed Use
$719.7K
$629.8K – $839.7K
NOI $50,382 @ 7.0% cap · market cap 7.20%
Theoretical Best
Office A
$1.96M
$1.71M – $2.29M
NOI $137,175 @ 7.0% cap · market cap 19.60%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,645
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 Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Well-maintained mixed-use corner building with a 5,786 SF footprint and a documented rental history.
Where is this mixed-use property located?
The property is located at 94 William St Newburgh, NY.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 5,786 SF mixed‑use corner building with a documented rental history; Well‑maintained property with solid rental history; Owned by the same family for 21 years
