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365 Ann St 2,100 SF 100% Leased Office Building Newburgh, NY 12550 $499,000 ($237.62/SF)
Investment Highlights
- Situated in a well-established Newburgh neighborhood with a strong mix of professional and civic uses.
- Surrounded by historic character, local businesses, and everyday amenities that support office users.
- Benefiting from the city’s ongoing revitalization and proximity to the Hudson Valley’s commercial core.
- Conveniently positioned near downtown activity, the waterfront, and regional transportation connections.
Executive Summary
MIXED USE IN A SUPER LOCATION...Just like new, income producing property off of Route 32/Lake Street...Located in the RM zone. Newly built in 2018 this modern, energy-efficient, fully sprinklered building offers paved parking, separate metered utilities, all municipal services, ductless air conditioning/heating. The first floor features light-commercial space that can be used as a contractor's office or general use office with storage area and overhead door. Great space for architect, engineer, insurance office, beauty salon, etc. Second floor offers a lovely 3-bedroom apartment. Currently operating as a short-term rental or can be for long-term residential use. Located in the center of Newburgh, in walking distance from the newly renovated public pool, recreation center...etc. Short drive or walking distance from great eateries, the waterfront, local historic sites, services and amenities. Easy, convenient access to I-84, NYS Thruway, US Route 9W and State Routes 17K & 32. Great investment potential or space for your business. This is a property that will suit your needs. Newer construction, Zone-friendly, income-ready, and primed for your next move.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
2,100 SF
Building Class
C
Year Built/Renovated
2018/2024
Price
$499,000
Price Per SF
$237.62
Percent Leased
100%
Building Height
2 Stories
Typical Floor Size
1,050 SF
Building FAR
0.48
Lot Size
0.10 AC
Zoning
RM - Commercial
Parking
3 Spaces (1.43 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (84)
Property Taxes
| Parcel Number | 331100-034-000-0003-007.000-0000 | Improvements Assessment | $147,200 |
| Land Assessment | $72,800 | Total Assessment | $220,000 |
Property Taxes
Parcel Number
331100-034-000-0003-007.000-0000
Land Assessment
$72,800
Improvements Assessment
$147,200
Total Assessment
$220,000
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365 Ann St
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