About 909 Union Avenue
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.
Features of 909 Union Avenue
MLS® # | H6267758 |
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Price | $2,000,000 |
Bathrooms | 0.00 |
Acres | 0.00 |
Year Built | 1996 |
Type | Commercial |
Sub-Type | Retail |
Status | Pending |
Community Information
Address | 909 Union Avenue |
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City | New Windsor |
County | Orange |
State | NY |
Zip Code | 12553 |
Amenities
Is Waterfront | No |
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Has Pool | No |
Interior
Heating | Natural Gas, Forced Air |
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Cooling | Central Air |
Has Basement | No |
Fireplace | No |
Exterior
Construction | Frame |
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School Information
District | Newburgh |
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Additional Information
Date Listed | September 6th, 2023 |
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Days on Market | 235 |
Zoning | commercial |
Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | John J Lease REALTORS Inc |
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