Property profile

1404 Union Ave Newburgh, NY 12550

OFF-MARKET
Neighborhood centers
34,610 SF Built 1995
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Property summary

AI-generated overview

This exceptional 34,610 square foot retail strip center, situated on a 5-acre lot in Orange County, presents a unique investment opportunity. Built in 1995, the property boasts a desirable Interchange Business (IB) zoning designation, ensuring flexibility for a variety of retail uses. The center offers multiple tenancies, with spaces ranging from a minimum of 2,624 square feet to a maximum contiguous space of 4,114 square feet. Currently, there is 10,838 square feet of vacant space available, providing immediate potential for new tenants. The ample parking provides a convenient 5.77 spaces per 1,000 square feet. This well-located center benefits from high visibility and accessibility, making it an ideal location for businesses seeking strong foot traffic and exposure. The property's substantial size and flexible space options cater to a wide range of retail concepts, from smaller boutiques to larger retail establishments. Its established presence in a thriving Orange County market makes this a compelling investment opportunity with significant upside potential. The property's strategic location and ample parking ensure a positive experience for both tenants and customers. This is a rare chance to acquire a well-maintained retail center in a prime Orange County location.

Property profile

Verified
Property type Neighborhood centers
Year built 1995
Total area 34,610 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Insurance Agency
  • Restaurant Take-out & Catering
  • Gym & Fitness Center

Location

1404 Union Ave Newburgh, NY 12550
Newburgh metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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