McGrath RealtyCommercial
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For SaleOfficeMLS KEY1016034

313 Fullerton Avenue

Newburgh (City), NY · Orange County
Listed by
Hudson Valley Home Connection
Shown from OneKey MLS. McGrath Realty does not represent this property. We can arrange to show it to you and represent you in buying it.
Building
3,204 SF
Site
0.22 acres
Price / SF
$224
Zoning
CD

The offering

INVESTMENT OPPORTUNITY |FULLY RENOVATED PROFESSIONAL BUILDING PROJECTED INCOME OVER $84,000 ANNUALLY

Turnkey commercial investment opportunity in the City of Newburgh. This completely builder-renovated professional building offers over 3,000 square feet of modern office space with six individual units and projected gross rental income exceeding $7,000 per month when fully leased.

Unlike many commercial properties that require ongoing capital improvements, this building has been extensively renovated with virtually everything replaced or upgraded, including windows, doors, flooring, bathrooms, electrical systems, generac generator, heating and cooling systems, common areas, and a fully renovated elevator. The result is a low-maintenance asset designed to provide years of reliable operation with minimal deferred maintenance concerns.

Each suite is individually metered with separate electric service and independent heating and cooling systems, helping reduce owner expenses while providing tenants with complete control of their utility usage. The property is fully handicapped accessible and features private parking, an oversized lobby area, professional finishes, and elevator access to all levels.

Strategically located among established medical offices, healthcare providers, and professional businesses, the property is ideally suited for medical, wellness, counseling, legal, accounting, insurance, executive office, or professional service tenants. The flexible floor plan also provides opportunities for an owner-user to occupy a portion of the building while generating income from the remaining suites.

Property Highlights:

  • Over 3,000 SF of renovated professional office space
  • Six individual office suites
  • Projected gross income exceeding $84,000 annually
  • Separate electric meters for each unit
  • Independent heating and cooling systems
  • Fully renovated elevator
  • Handicapped accessible
  • Private off-street parking
  • Oversized professional lobby and common areas
  • Surrounded by medical and professional office buildings
  • Minimal deferred maintenance
  • Excellent owner-user or investment opportunity

Rarely does a commercial property become available that combines modern construction standards, strong income potential, utility separation, accessibility features, and a professional location in one package. This is a true turnkey asset ready for immediate occupancy and income generation.

Building & site

Interest conveyedFee simple
Gross building area3,204 SF
Building typeOffice
Property typeOffice
Land area0.22 acres
Land area, SF9,600 SF
WaterPublic
SewerPublic Sewer
HeatElectric
Tax parcel3311006-5-4
Parking spaces12
Electric utilityCentral Hudson

Zoning & permitted uses

District
CD

Permitted uses are governed by the Newburgh (City) zoning code and should be confirmed with the municipality. Ask a broker for the district summary.

Aerial imagery

The outline is this property's tax parcel from the county assessment roll, over current aerial imagery. Boundaries are indicative and are not a survey.

Taxes & assessment

2025 taxes$11,170
Assessed value$370,000
Land assessment$131,200
Full market value$370,000
Owner of recordCity of Newburgh
School districtNewburgh
Property class620 · Church

Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.

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