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Gem on Broadway 149 Broadway 1,664 SF 100% Leased Office Building Newburgh, NY 12550 $395,000 ($237.38/SF)
Executive Summary
Annual rental income of $58,200 gross rent. Long time 20 year tenant typically renews in 2 year intervals. 13 months left on current term. Priced for Cash sale.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,664 SF
Building Class
C
Year Built
1950
Price
$395,000
Price Per SF
$237.38
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
832 SF
Building FAR
1.91
Lot Size
0.02 AC
Parking
6 Spaces (3.61 Spaces per 1,000 SF Leased)
1 1
Exceptionally walkable
90/100
Moderately drivable
60/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $473,500 | |
| Land Assessment | $75,500 | Total Assessment | $549,000 |
Property Taxes
Parcel Numbers
Land Assessment
$75,500
Improvements Assessment
$473,500
Total Assessment
$549,000
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Gem on Broadway | 149 Broadway
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