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346 Broadway 6,264 SF 100% Leased Retail Building Newburgh, NY 12550 $899,000 ($143.52/SF)
INVESTMENT HIGHLIGHTS
- Heavy Daytime Foot Traffic
- Across the Street from McDonalds
- Corner Lot
EXECUTIVE SUMMARY
Great Investment opportunity in Newburgh, NY. Restaurant tenant on the first floor, in a heavily foot trafficked area.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$51,600
|
$8.24
|
| Other Income |
$43,308
|
$6.91
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$94,908
|
$15.15
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $51,600 |
| Annual Per SF | $8.24 |
| Other Income | |
|---|---|
| Annual | $43,308 |
| Annual Per SF | $6.91 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $94,908 |
| Annual Per SF | $15.15 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
6,264 SF
Building Class
C
Year Built
1940
Price
$899,000
Price Per SF
$143.52
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
2.40
Lot Size
0.06 AC
Opportunity Zone
Yes
Zoning
BC - BC
Frontage
AMENITIES
- Corner Lot
Walk Score®
Very Walkable (85)
NEARBY MAJOR RETAILERS
1 of 29
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346 Broadway
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