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Key Details
Sold Price $1,490,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID H6267758
Year Built 1996
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.
Location
State NY
County Orange
Zoning commercial
Interior
Heating Natural Gas, Forced Air
Cooling Central Air
Building
Sewer Public Sewer
Water Public
Structure Type Frame
Schools
School District Newburgh
Others
Special Listing Condition None
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Bought with John J Lease REALTORS Inc
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