67 Plank RdNewburgh, NY 12550

Property Details for 67 Plank Rd

Year built

1955

Lot size

0.29 AC

Property size (Sq ft)

1,280 SF

Property type

Retail properties

Property subtype

Gas stations

APN

334600 76-1-1.2

APU

33460076112

Description

This renovated 100-square-foot office space in Newburgh, NY, is perfect for a single tenant seeking a convenient and efficient workspace. Located at 67 S Plank Rd, 12550, this traditional office boasts included electricity, heat, and air conditioning, minimizing operational costs. The property is situated in a well-maintained office building with ample parking, ensuring easy access for clients and employees. The building houses a shared common area equipped with men's and women's restrooms, providing a comfortable and professional environment. Its strategic location offers easy access to major transportation arteries, including Highway 84 and the New York State Thruway, facilitating seamless commutes and client visits. This single-tenant occupancy provides privacy and control over the workspace. The office is immediately available. This is an exceptional opportunity for a small business or individual professional seeking a fully equipped and conveniently located office space in a thriving New York community. The property is ready for immediate occupancy.

• CAP approach

  CAP return

  Valuation

  6%

  $343,369

  6.5%

  $316,956

  7%

  $294,316

• Comparable approach

  Method

  Valuation

  Relative Method

  $422,028

  Geo Method

  $421,457

• Alternative Use

  Use

  Valuation

  Residential

  $267,364

  Hospitality

  $244,904

  Educational

  $203,757

  Medical

  $210,765

  Retail

  $316,956

Location Insight

City

Newburgh

County

Orange

State

New York

Latitude

41.5254

Longitude

-74.0336

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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