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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    2 Ss St Newburgh, NY 12550

    • Warehouses
    • 3,000 SF
    • 0.40 lot acres
    OFF-MARKET
    Value Estimations
    $390,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US63-2791056
    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

    • Warehouses

    Property Details for 2 Ss St

    Year built
    1960
    Lot size
    0.40 lot acres
    Property size
    3,000 SF
    Zone code
    PWD
    Property type
    Warehouses
    APN
    331100 12-6-2
    APU
    3311001262

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $285,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $495,000
      6.5%
      $455,000
      7%
      $425,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $406,000
      Market price range: $82.7k - $406k
      AI Estimate
      $274,000
      Market price range: $70.7k - $275k

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $250,000
      Current use
      COMMERCIAL (GENERAL)
      $345,000
      Change: +39% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Newburgh
    County
    Orange
    State
    New York
    Longitude
    -74.0053
    Latitude
    41.5069
    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
    $159,700
    $86,300
    $246,000
    -
    $159,700
    $86,300
    $246,000

    Comparable in this City

    • Value Estimation
      $75,000
      0.14 Acres

      68 Taft Ave

      WAREHOUSE, STORAGE • 0.14 Acres
      68 Taft Ave, Newburgh, NY 12550-2732
      View Details
    • Value Estimation
      $245,000
      3.20 Acres

      34 Jeanne Dr

      WAREHOUSE, STORAGE • 3.20 Acres
      34 Jeanne Dr, Newburgh, NY 12550-1701
      View Details
    • Value Estimation
      $265,000
      756 SF

      61 Old Little Britain Rd

      WAREHOUSE, STORAGE • 756 SF
      61 Old Little Britain Rd, Newburgh, NY 12550-7214
      View Details
    • Value Estimation
      $265,000
      3,024 SF

      155 William St

      WAREHOUSE, STORAGE • 3,024 SF
      155 William St, Newburgh, NY 12550
      View Details
    • Value Estimation
      $920,000
      78,750 SF

      7 Scobie Dr

      WAREHOUSE, STORAGE • 78,750 SF
      7 Scobie Dr, Newburgh, NY 12550-3258
      View Details
    • Value Estimation
      $1,090,000
      63,363 SF

      115 Dickson St

      WAREHOUSE, STORAGE • 63,363 SF
      115 Dickson St, Newburgh, NY 12550-5307
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      121,000 SF

      Logistics Development Site Available

      Build-to-suit logistics development site with special features.
      1420 Route 300, Newburgh, NY 12550
      View Details
    • $950,000
      3.00 Acres

      Approved Warehouse Site on 3 Acres

      Shovel-ready 3-acre site with approvals for a 26,000-SF warehouse.
      24 Jeanne Dr, Newburgh, NY 12550
      View Details
    • $149,999
      2,200 SF

      Newburgh Industrial/Storage Building For Sale

      Two-story, 2200 SF industrial/storage building on a 5,000 SF lot.
      18 Hasbrouck St, Newburgh, NY 12550
      View Details
    • $525,000
      7,600 SF

      Newburgh Industrial Warehouse

      7,600 SF Warehouse, $525K
      216 Dupont Ave, Newburgh, NY 12550
      View Details
    • Contact for pricing
      12,825 SF

      Newburgh Flex Warehouse - 12,825 SF

      Prime Newburgh location, vacant flex space, immediate occupancy.
      1 Dalfonso Rd, Newburgh, NY 12550
      View Details
    • $3,000,000

      Versatile Investment Property in Newburgh

      Industrial warehouse and office space with immediate income stream.
      1402 Route 300, Newburgh, NY 12550
      View Details

    Similar Nearby for Lease

    • $14 SF/Yr
      126,324 SF

      Newburgh Warehouse with Fenced Parking

      Multiple spaces, loading docks, drive-in doors, fenced parking.
      85 Dickson St, Newburgh, NY 12550
      View Details
    • Contact for pricing
      60,143 SF

      Northeast Business Center Warehouse

      60,143 SF Warehouse, 13 Docks, 10 Acres
      800 Corporate Blvd, Newburgh, NY 12550
      View Details
    • $3,500 /Mo

      Warehouse with Route 9W Access

      Warehouse space with multiple bays and easy highway access.
      146 S Robinson Ave, Newburgh, NY 12550
      View Details
    • Contact for pricing
      55,000 SF

      Warehouse and Office Space Available

      110,000 sq ft building with warehouse and office space.
      1900 Corporate Blvd, Newburgh, NY 12550
      View Details
    • $9 SF/Yr
      24,883 SF

      Newburgh Warehouse Space Available

      24,883 SF warehouse space in Newburgh, built in 2022.
      173 Gardnertown Rd, Newburgh, NY 12550
      View Details
    • Contact for pricing
      132,000 SF

      Prime Newburgh Warehouse Space

      Class A Distribution Center, 60,000 SF Available
      124 Ny-17K, Newburgh, NY 12550
      View Details
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    2 Ss St
    Newburgh, NY 12550
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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