Property summary
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
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Zoning & alternative use
This zoning district is intended to include characterized by commercial activity focused on manufacturing, packaging, storage or warehousing, or wholesale production of goods.
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2021Property description
Physical attributes from public recordsZoning & alternative use
IND · Newburgh, NYThis zoning district is intended to include characterized by commercial activity focused on manufacturing, packaging, storage or warehousing, or wholesale production of goods.
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
This zoning district is intended to include characterized by commercial activity focused on manufacturing, packaging, storage or warehousing, or wholesale production of goods.
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for IND in Newburgh, NY.
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