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Also sold as a portfolio. This is one of 3 facilities on the same lease and guaranty.See the Hudson Valley NNN Commercial Portfolio →
For SaleIndustrialMLS KEY988343

69 Dickson Street

Newburgh (City), NY · Orange County
Building
8,738 SF
Site
0.92 acres
Price / SF
$137
Going-in cap
7.00%
NOI
$90,735
Year built
1940
Zoning
IND A
Stories
1

The offering

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 recordNimue Realty Llc
School districtNewburgh
Property class449 · Dstr wrhouse

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

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