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$1,490,000
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Property Description
This is an investor property with 20 years remaining on a 30 year lease Beginning November 1, 2023 the tenant will will pay $150,000 per year on a triple net lease for the next 5 years with the rent increasing $6000 per year every 5 years ,until reaching $168,000 per year starting November 1, 2038 until November 1, 2043.
Full Property Details
Full Property Details for 909 Union Ave
General
- Sold For: $1,490,000
- Status: Closed
- Type: Retail
- Source: Long_Island
- MLS ID: H6267758
- Added to Site: 899 day(s) ago
Business
- Business Type: Retail
Location
- County: Orange
- Township: New Windsor
- Driving Directions: from the intersection of rte. 300 and 17K, take Union Ave. south approc. 2 miles , diner is on the right
School Information
- Elem School District: Newburgh
- Midd School District: Newburgh
- High School District: Newburgh
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Natural Gas, Forced Air
- Heating Zones: 4
- Water Heater: Gas Stand Alone
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Detached/Attached: Detached
- Construction: Frame
- Building Size: 4000
- Square Feet: 4,000
- Current Bldg. Use: Retail
- Year Built: 1996
Lot Features
- Zoning: commercial
Disclosures and Reports
- Property ID: 334800-004-000-0001-067.000-0000
Listed and Sold by John J Lease REALTORS Inc
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Schools
Schools serving 909 Union Ave
School District:Newburgh City School District
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 909 Union Ave
Date
Details
Price
Change
Source
8/29/2024
Sold
$1,490,000
-25.5%
MLS
9/06/2023
Listed
$2,000,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
909 Union Avenue, New Windsor, NY 12553 (MLS# H6267758) is a Retail property that was sold at $1,490,000 on August 29, 2024. Want to learn more about 909 Union Avenue? Do you have questions about finding other Retail real estate for sale in New Windsor? You can browse all New Windsor real estate or contact a Coldwell Banker agent to request more information.
