5153 Route 9WNewburgh, NY 12550

  • Distribution centers
  • 6,236 SF
For Sale
$1,100,000 View listing

Property Details for 5153 Route 9W

Year built
1995
Lot size
0.71 AC
Property size (Sq ft)
6,236 SF
Zone code
04 - FARM
Property type
Distribution centers
APN
334600 43-2-9.1
APU
33460043291

Description

This exceptional 6,236-square-foot industrial building is situated on a 0.71-acre lot at 5153 Route 9W in Newburgh, New York, 12550. Categorized as a distribution, manufacturing, and warehouse space, this single-tenant property offers a compelling investment opportunity with a list price of $1,100,000 ($176.40/sq ft). The property benefits from a highly desirable location, providing convenient access to major transportation arteries including Interstates 84 and 87, as well as NYS Routes 17K and 300, and the Newburgh-Beacon Bridge. Furthermore, its proximity to Stewart International Airport (15 minutes away) enhances its logistical advantages. The building's versatile nature makes it suitable for a variety of industrial uses. The lease type is NNN. This property presents a strong investment prospect due to its strategic location and functional design, offering significant potential for growth and return. The property is located in Orange County, New York.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $1,302,524
    Hospitality
    $1,193,105
    Educational
    $992,649
    Medical
    $1,026,788
    Retail
    $1,544,121

Location Insight

City
Newburgh
County
Orange
State
New York
Latitude
41.5356
Longitude
-74.0146
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
-
$43,200
$101,800
$145,000
-
$200,090
$471,510
$671,600

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