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    FOR SALE
    Manufacturing properties

    216 Dupont Ave, Newburgh, NY 12550

    7,600 SF 0.35 ac lot Built 1965
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US63-2608740
    Property summary
    AI-generated overview

    This single-tenant industrial warehouse, located at 216 Dupont Ave, Newburgh, NY 12550, offers 7,600 square feet of space on a 0.39-acre lot. Built in 1965, the Class C property features a 14-foot ceiling clear height and five parking spaces. The IND zoning allows for versatile use, including offices, warehousing, storage, and parking. The asking price is $525,000, representing a price per square foot of $69.08. Annual property taxes in 2022 were $13,362. This owner-user investment opportunity provides ample space and flexibility in a prime Newburgh location. The property's single-story design and convenient parking add to its appeal. Its strategic location within Orange County, New York, offers easy access to transportation routes and local amenities. This presents a compelling opportunity for businesses seeking a functional and adaptable workspace or investors looking for a strong return on investment in a growing market. The substantial lot size offers potential for future expansion or development. The property's solid construction and established location make it a low-risk, high-reward investment prospect. This is a rare opportunity to acquire a well-situated industrial property in a desirable New York location.

    Property profile
    Verified
    Property type Manufacturing properties
    Use group MANUFACTURING (LIGHT)
    Year built 1965
    Total area 7,600 SF
    Lot 0.35 ac (15,246 SF)
    Zoning code IND
    APN 331100 13-3-47
    UPID US63-2608740
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $820k
    Blend (final) Blend
    $595k
    Owner & transaction history
    MARY MALLAVARAPU
    MARY MALLAVARAPU
    Zoning & alternative use
    IND · Newburgh, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Commercial (general) $875,000 +21.7%
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    More about this property
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