This is an NNN-leased ambulance facility located at 69 Dickson St in Newburgh. The property is one of three stabilized ambulance facilities available individually or as a portfolio assembly across Newburgh, Middletown, and Kingston.
Lease Terms
NNN lease structure
Year 1 NOI projected at $90,735 under the First Renewal Term
Lease runs through June 2029
One additional 3 year option through June 2032
Tenant has executed First Renewal Term amendment under identical terms
Corporate guaranty expressly extended
Portfolio Assembly
69 Dickson St, Newburgh
31-59 Peach Pl
52-60 Cornell St
Available individually or as a portfolio
Building & site
Interest conveyedFee simple
Gross building area8,738 SF
Building typeIndustrial
Property typeIndustrial
Year built1940
Stories1
Land area0.92 acres
Land area, SF40,075 SF
WaterPublic
SewerPublic Sewer
HeatForced Air, Heat Pump, Natural Gas, Propane
Tax parcel33110043-1-11
Clear height16 ft
Drive-in / grade-level doors1
Usable area8,738 SF
Number of buildings1
Parking spaces28
Electric utilityCentral Hudson
Distance to train4.5 mi
Zoning & permitted uses
District
IND A
Permitted uses are governed by the Newburgh (City) zoning code and should be confirmed with the municipality. Ask a broker for the district summary.
Income & tenancy
Gross income (as reported)
$90,735
Going-in cap
7.00%
Lease terms are summarized from the executed lease and should be independently verified against the document, which is available under confidentiality agreement along with the rent roll and operating statements. Income shown is gross as reported by the listing broker, not verified against an operating statement.
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
$18,896
Assessed value
$584,000
Land assessment
$207,300
Full market value
$584,000
Owner of record
Nimue Realty Llc
School district
Newburgh
Property class
449 · Dstr wrhouse
Assessment figures are taken from the municipal roll and should be independently verified. Annual tax bills are available on request.