31-59 Peach Place, Middletown, NY 10940

$785,000

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List Price
$785,000
Days on Market
113
MLS#
988366
Status
ACTIVE
Lot Size
41817

Property Description

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).

Additional Information

Stories
1
Total Taxes
20391
Heating
Forced Air
Water
Public
Sewer
Public Sewer
Taxes
$20,391

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Listing courtesy of Listing Agent: Brendan McGrath (br.mcgrath@gmail.com) from Listing Office: McGrath Realty Inc.

Listings courtesy of OneKey® MLS as distributed by MLS GRID. Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.