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Property profile & analytics

117 Ml St Newburgh, NY 12550-5833

  • Auto shops
  • 3,091 SF
  • 0.36 lot acres
OFF-MARKET
Value Estimations
$310,000
Show details
Cap Rate Potential
Location Intelligence
Property ID
US63-5596948
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

  • Grieco's Service Station / Auto Repair Shop

Property Details for 117 Ml St

Year built
1955
Lot size
0.36 lot acres
Property size
3,091 SF
Zone code
CD
Property type
Auto shops
APN
331100 44-7-11
APU
33110044711

Description

This exceptional commercial property at 117 Mill St, Newburgh, NY presents a rare opportunity. The 3,091 square foot building has served as a thriving automotive service center for over 60 years, boasting a loyal customer base and consistent walk-in traffic. The property includes five service bays, a main office with waiting area, and a restroom. Equipment included in the sale comprises lifts, a high-speed balancer, and tools necessary for NYS inspections, along with benches, cabinets, and ample storage. An oil-fired heater for waste oil is also present. The substantial 8,000 square foot parking lot ensures convenient access for customers and employees. Situated in a central Newburgh location, this property offers excellent visibility and accessibility. The building could be delivered vacant, and the seller is open to flexible terms regarding the sale of the business. The asking price of $599,000 encompasses the real estate only. This is an ideal investment for an established business looking to expand or a new entrepreneur seeking a turnkey operation in a high-demand market. The 0.36-acre lot provides ample space for future expansion or additional development. This long-standing business presents a unique opportunity to acquire a profitable enterprise with a proven track record.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    ML approach
    $305,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $394,000
    Market price range: $194k - $527k

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Newburgh
County
Orange
State
New York
Longitude
-74.0199
Latitude
41.4953
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
$163,400
$192,600
$356,000
-
$163,400
$192,600
$356,000
More about this property
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