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Browse More Listings in Multifamily For Sale, Newburgh, NY or New York

Multifamily Property For Sale

7 South Johnston Street

7 South Johnston Street, Newburgh, NY 12550

Price:
$299,000
No. Units:
4
Building Size:
4,020 SF
Price/Unit:
$74,750
Property Type:
Multifamily
Property Sub-type:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
10.70%
Occupancy:
100%
Find Out More...

Last Verified 10/20/2009 Listing ID 16092854

Description

Great invetment or owner occupied building convenient to Orange County offices, and the future OCCC campus. Class A office space with 3 large residential apartments. All seperate utilities with great rental income of of $46,500.

Minutes to Stewart International Airport

Financial Summary

Actual
Net Operating Income
$31,993

Map of 7 South Johnston Street, Newburgh, NY 12550 (Orange County)

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Presented by

John J. Lease Realtors

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Contact Listing Broker

Robert Holmes (845) 565-2800 Ext: 137

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Created 2/6/2009

Additional Information for 7 S Johnston Street, Newburgh, NY 12550

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 0 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 7 South Johnston Street

7 South Johnston Street, Newburgh, NY, 12550