1508-1510 Route 9WMarlboro, NY 12542

For Sale
$2,275,000

Hudson Valley Medical Office Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents two Class C medical office buildings totaling 15,100 square feet situated on a meticulously landscaped 2-acre lot in Marlboro, New York. Built in 1976, this multi-tenant property features two stories per building and boasts a desirable HD zoning designation. Currently generating over $100,000 in gross annual rental income, the property offers significant upside potential. With strategic leasing, projections indicate a substantial increase in gross rents exceeding $285,000 and a net operating income (NOI) of $208,261 upon stabilization. The asking price is $2,275,000, translating to $150.66 per square foot. This prime location in the Hudson Valley offers unparalleled access and visibility, making it an ideal acquisition for both owner-operators seeking to establish their practice and investors targeting strong returns. The property's current income stream provides immediate cash flow, while the significant rental upside presents a compelling path to long-term wealth creation. This is a rare opportunity to acquire a well-maintained, income-producing asset in a highly sought-after location. The property's size, zoning, and location combine to create a truly unique investment opportunity in the thriving Hudson Valley market. Don't miss this chance to secure a piece of this generational wealth-building potential. The address is 1508-1510 Route 9W, Marlboro, NY 12542.

Property Details for 1508-1510 Route 9W

Property type
Other office properties, Medical offices
Square Feet
15,100 SF
Class
C
Year Built
1976
Buildings
2
Stories
2
Lot Size (sq. ft)
87,120 SF

Location Insight

City
Marlboro
County
Ulster
State
New York
Latitude
41.6231987
Longitude
-73.9632642
1508-1510 Route 9W, Marlboro, New York

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1508-1510 Route 9W
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