467 Broadway Newburgh, NY 12550-5332
- Office buildings
- 20,016 SF
- 0.22 lot acres
Current Use by Public Records
- United States Postal Service / Logistics Service / Money Order Service
Property Details for 467 Broadway
- Year built
- 1960
- Lot size
- 0.22 lot acres
- Property size
- 20,016 SF
- Zone code
- BC
- Property type
- Office buildings
- APN
- 331100 34-1-6
- APU
- 3311003416
Description
This exceptional investment opportunity presents a fully leased, 20,016 square foot retail property located at 467, 469, 471, and 473 Broadway in Newburgh, New York, listed at $2,500,000. The property benefits from a high-traffic location and boasts established anchor tenants, including the United States Post Office and H&R Block, ensuring a steady income stream. The ground floor is occupied by the Post Office, which includes a dedicated loading dock for efficient operations. The second floor offers additional income potential with multiple office spaces currently available for lease, suitable for a variety of professional or creative businesses. Ample parking is provided with a spacious rear lot accommodating 36 vehicles. This well-maintained property represents a strong investment opportunity in a thriving commercial area, offering excellent upside potential for the discerning investor. The property sits on a lot with zero acres. This is a cornerstone property in a prime location, offering a secure and profitable investment. The property's strong tenant base and high visibility make it an attractive asset for long-term growth and passive income generation.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $320,000
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Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0295
- Latitude
- 41.5009
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA