Purpose-built ambulance facility delivered in 1998, projecting $54,906 in Year 1 NOI under the First Renewal Term, running through June 2029 with one additional 3-year option through June 2032. Single-tenant NNN with CPI-or-3% escalators. Tenant has executed First Renewal Term amendment under identical terms, with the corporate guaranty expressly extended. Available as a standalone acquisition or as part of a three-property portfolio across Newburgh, Middletown, and Kingston (69 Dickson St, 31-59 Peach Pl, 52-60 Cornell St).
| MLS # | 988366 |
|---|---|
| Listing Type | For Sale |
| Style | Industrial |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 119 |
| Listing Provided By | McGrath Realty Inc | Brendan McGrath |
| SQ Feet | 3,864 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | SR-3B |
| Acreage | 0.96 |
| Cooling | Central Air |
|---|---|
| Heating | Forced Air |
| Construction Materials | Block |
|---|---|
| Lot Features | Landscaped, Level, Paved |
| Fencing | Chain Link |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Sewer | Public Sewer |
| Tax Year | 2025 |
|---|---|
| Tax Assessed Value | 73400 |
| Tax Annual Amount | 20391 |
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| Listing VS Median (in 10940) | |
Price: $785,000 low | high Med: $352,450 sqft: 3,864 low | high Med: 1,056 $ / sqft: $203 low | high Med: $335 On site: 119 low | high Med: 10 | |
| State | NY |
|---|---|
| County | Orange County |
| City | Middletown |
| Zip Code | 10940 |
| Listing VS Median (in 10940) | |
Price: $785,000 low | high Med: $352,450 sqft: 3,864 low | high Med: 1,056 $ / sqft: $203 low | high Med: $335 On site: 119 low | high Med: 10 | |