About 2 Victory Court
A/O_ Cash flowing investment property with an established medical tenant. The property produces $151,845 in Net Operating Income with 2% annual escalations on an absolute triple-net lease. This investment is offered at a 7.5% capitalization rate. The Building is in excellent condition and well maintained. The current 10 year lease has approximately 8 years remaining. Busy commercial location with a traffic count of 12,271 vehicles per day, located 1.5 miles to I-84 and 4 miles to I-87 which provides easy access to/from Dutchess, Rockland, Westchester, NYC, Northern NJ etc... Additional Information: HeatingFuel:Oil Above Ground
Features of 2 Victory Court
| MLS® # | H6304165 |
|---|---|
| Price | $1,800,000 |
| Sold Price | $1,500,000 |
| Date Sold | May 16th, 2025 |
| Bathrooms | 0.00 |
| Acres | 0.54 |
| Taxes | $24,168 |
| Type | Commercial Sale |
| Sub-Type | Office |
| Status | Closed |
Community Information
| Address | 2 Victory Court |
|---|---|
| City | Newburgh |
| County | Orange County |
| State | NY |
| Zip Code | 12550 |
| Adult 55+ Community | No |
Amenities
| Parking | Off Street, Private |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Appliances | Electric Water Heater |
|---|---|
| Heating | Forced Air, Oil |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | No |
School Information
| District | Newburgh |
|---|
Additional Information
| Date Listed | May 14th, 2024 |
|---|---|
| Days on Market | 281 |
| Zoning | (B) Business |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty |
|---|