2 Victory CtNewburgh, NY 12550

This exceptional 5,300 square foot medical office building in Newburgh, NY presents a compelling investment opportunity. The property boasts a 100% occupancy rate with a single, established medical tenant under an absolute triple-net (NNN) lease, offering significant cash flow. The current lease, with approximately eight years remaining, includes a 2% annual rent escalation, ensuring consistent income growth. The building, constructed in 1956 and situated on a 0.54-acre lot, is well-maintained and in excellent condition. The asking price is $2,099,900, representing a 7.5% capitalization rate based on the 2024 Net Operating Income of $157,979. The property's prime location, just 1.5 miles from I-84 and 4 miles from I-87, provides convenient access to major transportation arteries and surrounding areas, including Dutchess, Rockland, Westchester counties, NYC, and Northern NJ. The high daily traffic count of 12,271 vehicles further enhances the property's visibility and accessibility. This sale-leaseback opportunity offers a secure, high-yield investment with a strong tenant and a favorable lease structure. The property is zoned for business use and comprises a single-story building.