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        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        $2,275,000
        sqft
        acres
        Commercial Sale

        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542

        Listing by: Quinn Realty Group Inc
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        Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
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        OneKey® MLS
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542
        $2,275,000
        sqft
        acres

        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542

        City/Town:Marlboro   Post Office: Marlboro     

        Commercial Sale by John E QuinnQuinn Realty Group Inc.

        Data checked -. Listing last updated 14 days ago.
        1. Overview
        2. Details
        3. More 

        New to the market: offer for sale are two buildings situated on two manicured acres of land located at 1508-1510 Route 9W in Marlboro, NY. The buildings feature 15,100 total gross square feet, which along with the property grounds have been meticulously maintained and recently upgraded. Over the past five years ownership has invested over $200,000 in capital improvements to building mechanicals, septic system, parking lot resurfacing, and external and internal renovations. The buildings are leased to a mix of office and residential tenants. The front #1508 Rte. 9W building has two second floor 1-bedroom/1-bath residential apartments that represent immediate and substantial upside rent potential. The ground floor has a thriving physical therapy practice and an Edward Jones franchise with a loyal customer base. The rear #1510 Rte. 9W building has a medical office suite with chiropractor, acupuncturist, and herbalist practitioners. A 1,500 sf (approx.) ground floor unit is ready for build-to-suit a range of potential tenants while a turn-key move-in condition second floor 4,200 SF (approx.) office suite is ready for immediate occupancy. The asset is ideally suited for the end-user/owner-operator who would install a business in any or all of the available units while enjoying income from in-place tenants, which exceeds $100,000 gross in-place rental income. Meantime, an investor will see a path towards achieving gross rents more than $285,000 and an NOI of $208,261 once the asset is fully leased and stabilized. There's no other property within 10 miles of this Hudson Valley Marlboro, NY gem that comes close to the quality and generational wealth- producing potential.

        Details
          Property type
        Commercial Sale
          Year built
        1976
          Heating
        Electric, ENERGY STAR Qualified Equipment
          Cooling
        Central Air
          Garage
        No
          City/Town
        Marlboro
          Post Office
        Marlboro
          Parking spots
        -
        H6306306
        MLS ID
        Active
        Status
        14
        Days on market
        2.0%
        Buyer agency compensation
        0%
        Seller agency compensation
        0%
        Broker agency compensation
          Flooring
          View
        Monthly taxes
        $2,511
        Yearly taxes
        $30,132
        Open Houses
        In-Person
        No upcoming in-person open houses
        Virtual
        No upcoming virtual open houses
        Contact Agent
        John E Quinn
        John E Quinn
        Real Estate Broker, Quinn Realty Group Inc
        Direct Number 
         
        Location
        From Newburgh - Rt. 9W North through Marlboro to # 1508-1510 on right side of road. See sign.
        For Sale Nearby
        No nearby homes are For Sale Nearby.
        Recently Sold
        No nearby homes have been Recently Sold.
        1508-1510 Route 9W # 1508 - 1510, Marlboro, NY 12542, is a Office built in 1976. This property is currently available for sale and was listed on OneKey® MLS on 5-10-2024. The MLS# for this Office is MLS# H6306306.
        Display of MLS Data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals.
        Copyright ©2024 OneKey® MLS LLC