73 N Plank Rd Newburgh, NY 12550
Property profile & analytics
73 N Plank Rd Newburgh, NY 12550
- Drive through restaurants
- 2,616 SF
- 0.61 lot acres
Property ID
US63-4804140
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Dunkin' / Restaurant / Take-out & Catering
Property Details for 73 N Plank Rd
- Year built
- 1973
- Lot size
- 0.61 lot acres
- Property size
- 2,616 SF
- Property type
- Drive through restaurants
- APN
- 334600 75-1-10.1
- APU
- 334600751101
Description
This exceptional investment opportunity presents a single-tenant, net-leased Dunkin' restaurant located at 73 N Plank Rd, Newburgh, NY 12550. The property boasts a 3,000 square foot building situated on a 0.58-acre lot with 18 parking spaces. The current lease expires October 30, 2025, offering a remaining term of approximately 0.9 years. The property features a strong 10.06% cap rate, generating a Net Operating Income (NOI) of $95,562. This is an absolute NNN lease, meaning the landlord has no responsibility for property expenses. The Dunkin' location benefits from a high-traffic retail corridor, with nearby national tenants including McDonald's, Burger King, Walgreens, Pizza Hut, and Ocean State Job Lot. The area demonstrates strong demographics, with an average household income exceeding $118,000 within a one-mile radius. The property's proximity to I-84 (0.7 miles), a major highway with over 73,000 vehicles per day, further enhances its visibility and accessibility. The existing building presents a value-add opportunity, with potential for redevelopment, including the addition of a drive-thru. The asking price for this property is $950,000.
Value Estimations
based on Realmo’s proprietary methodology
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Newburgh
- County
- Orange
- State
- New York
- Longitude
- -74.0343
- Latitude
- 41.5266
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
$0.00
$87,500
$116,500
$204,000
-
$405,288
$539,612
$944,900
