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Property profile

223 Plank Rd Newburgh, NY 12550

OFF-MARKET
Investment properties
Property ID
US63-6123103
View Sample
800 SF 0.19 ac lot Built 1966
Entity Owned Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional 800-square-foot office building, situated on a 0.19-acre lot at 223 S Plank Rd in Newburgh, NY, presents a fantastic opportunity for a variety of businesses. Priced at $300,000, the property is perfectly suited for a beauty salon, barber shop, or retail store, offering immediate occupancy. The space has undergone a complete renovation, boasting brand new windows, flooring, and light fixtures throughout. The updated bathroom fixtures and newly installed cabinetry in the kitchenette area add to the modern appeal. The interior features three fully renovated offices, providing ample space for various business needs. Fresh paint completes the transformation, creating a clean and inviting atmosphere. The property's convenient location in Newburgh, NY, offers excellent visibility and accessibility, making it an ideal location for attracting customers. This turnkey solution eliminates the need for extensive renovations, allowing businesses to focus on operations from day one. The combination of prime location, modern amenities, and competitive price makes this an exceptional investment opportunity. Don't miss out on this chance to establish your business in a beautifully renovated and ready-to-occupy space.

Property profile

Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1966
Total area 800 SF
Lot 0.19 ac (8,400 SF)
APN 334600 61-1-16
UPID US63-6123103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate 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
by Request
Blend (final) Blend
$95k

Owner & transaction history

since 2026
4 recorded transactions
2026
$265,000
1997
$77,500
1969
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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