Property profile & analytics
1 Corwin Ct Newburgh, NY 12550-5190
- Office buildings
- 30,600 SF
- 2.50 lot acres
OFF-MARKET
Value Estimations
$3,705,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-0961284
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Current Use by Public Records
- Tarshis Catania Liberth Mahon / Law Firm
- enDevelopment LLC / Information Services
- Castro & Sons LLC / Freight Service / Logistics Company
Property Details for 1 Corwin Ct
- Year built
- 1989
- Lot size
- 2.50 lot acres
- Property size
- 30,600 SF
- Zone code
- CD
- Property type
- Office buildings
- APN
- 331100 41-2-16
- APU
- 33110041216
Description
This exceptional three-story medical office building, totaling 30,791 square feet, presents a unique investment opportunity in the thriving Newburgh, NY market. Located at 1 Corwin Ct, 12550, this well-maintained property boasts a beautifully upgraded lobby and offers convenient elevator access. The building sits on a generous 2.48 acres of land, providing ample free on-site parking for tenants and visitors. Currently, there are multiple suites available, ranging from a minimum of 1,000 square feet to a maximum contiguous space of 3,076 square feet, with a total of 5,076 square feet currently vacant. Built in 1989, the building features a desirable 10-foot ceiling height throughout. Its strategic location offers easy access to both town and city amenities, making it an ideal location for medical practices seeking a comfortable and accessible workspace. The property's multiple tenancy structure allows for flexibility and potential for diverse medical practices to co-exist. This is a rare opportunity to acquire a well-established and highly sought-after medical office building in a rapidly growing area. The property's size and features make it suitable for a variety of medical specialties.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,831,000
Market price range: $3.71M - $8.16M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $5,825,000 Current use
- AUTO REPAIR, GARAGE
- $5,110,000 Change: -12% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0428
- Latitude
- 41.4958
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$407,500
$1,761,500
$2,169,000
-
$407,500
$1,761,500
$2,169,000
