Listed by McGrath Realty Inc Hopewell Junction
$1,300,000
69 Dickson Street
Details
APN 43-1-11
Property Type Industrial, Office
Sub Type Warehouse, Medical Office
Square Footage 8,738
Net Rentable (SqFt) 8,738
Units 28
Cap Rate 7.00%
NOI $90,735
Occupancy 100%
Tenancy Single
Lease Type NNN
Lease Term 3
Lease Expiration 06/13/2026
Rent Bumps Yes
Lease Options Two successive 3-year renewal terms
Price per SqFt $149
Year Built 1940
Buildings 1
Acreage 0.920
Zoning IND A
Investment Type Net Lease
Lease Commencement 06/14/2023
Ground Lease No
Dock High Doors 1
Fully rented NNN Industrial Flex Building
Marketing description
NNN-leased ambulance facility projecting $90,735 in Year 1 NOI under the First Renewal Term, running through June 2029 with one additional 3-year option through June 2032. Tenant has executed First Renewal Term amendment under identical terms, with the corporate guaranty expressly extended. One of three stabilized ambulance facilities available across Newburgh, Middletown, and Kingston, individually or as a portfolio assembly (69 Dickson St, 31-59 Peach Pl, 52-60 Cornell St).
Listing Contacts
Listed by McGrath Realty Inc Hopewell Junction
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$90,735.00
$7,561.25/mo
Valuation Metrics
0
DSCR
6.98%
Cap Rate
6.98%
ROI
Map
Zoning
IND IndustrialIndustrial
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View all 79 uses
View all 79 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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