2 Victory Ct Newburgh, NY 12550-1745
Property profile & analytics
2 Victory Ct Newburgh, NY 12550-1745
- Office buildings
- 0.54 lot acres
Property ID
US63-4927222
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.
Location Intelligence
Current Use by Public Records
- Joyce Christina / Physician
- Matthew Mikesh, PT / Physician
- Stuart T. Styles, MD / Physician
- Dr. Victor T. Khabie, MD / Physician
- Dr. Lawrence G. Foster, MD / Physician
Property Details for 2 Victory Ct
- Lot size
- 0.54 lot acres
- Property type
- Office buildings
- APN
- 334600 41-1-5.2
- APU
- 33460041152
Description
This exceptional investment opportunity presents a cash-flowing medical office building situated on a 0.54-acre lot at 2 Victory Ct, Newburgh, NY. Currently leased to an established medical tenant under an absolute triple-net lease with approximately eight years remaining on a ten-year term, this property boasts a strong net operating income of $151,845 annually, with a built-in 2% annual escalation clause. The property offers a compelling 7.5% capitalization rate, making it an attractive addition to any investment portfolio. The building itself is in excellent condition and meticulously maintained, ensuring long-term value and minimal operational concerns. Its prime location benefits from high visibility and significant traffic volume, with a daily count of 12,271 vehicles passing by. Convenient access to major transportation arteries is a key advantage, situated just 1.5 miles from I-84 and 4 miles from I-87, providing easy access to Dutchess, Rockland, Westchester counties, New York City, and Northern New Jersey. The building utilizes oil-based heating. This is a rare opportunity to acquire a stable, high-performing asset in a desirable commercial location. The asking price is $1,800,000.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,385,000
- ML approach
- $1,425,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0411
- Latitude
- 41.5378
- 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
$65,100
$163,500
$228,600
-
$301,522
$757,278
$1,058,800
