41 Rte 17k Newburgh, NY 12550-3913
This meticulously renovated 1,571 square foot office building at 41 Route 17K in Newburgh, NY presents a fantastic opportunity. Situated on a 0.36-acre lot, this highly visible brick structure boasts a fresh coat of paint and numerous recent upgrades. Improvements include brand new windows, modern flooring throughout, and the installation of high-efficiency mechanical systems, ensuring both comfort and energy savings. The building's layout is ideal for a variety of professional uses, featuring a welcoming waiting room, five individual offices providing ample space for staff and clients, a convenient bathroom, and substantial storage options in the full cellar and walk-up attic. Two enclosed porch areas at the rear offer additional space or potential for expansion. The property enjoys exceptional accessibility, with convenient proximity to the New York State Thruway and Route 84, placing it within easy reach of a large commuting population. Furthermore, its location within the vibrant Union Avenue and Route 17K shopping corridor ensures high visibility and strong foot traffic, making it an excellent choice for businesses seeking a prominent presence. This move-in ready property is priced at $549,000 and offers a compelling combination of modern amenities, strategic location, and significant potential for return on investment.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.