31 Cerone Place, Newburgh, NY 12550
Orange County
Key Facts
Description
12,200 Sq/ft professional office building situated on 1.50 acres with an adjacent 1- acre vacant commercial parcel (21 Cerone Place) available for expansion, parking, or future development. The property is ideally suited for professional/corporate office, social services, behavioral health, nonprofit, or institutional use. *** Investment opportunity: The owners of the building, (current occupant) would consider a long-term leaseback making this an incredible opportunity for an investor. The building features a highly functional interior layout with multiple private offices, a full commercial kitchen, team suites, administrative areas, conference space, IT rooms, records/archive storage, break room, and dedicated support areas (copy room, laundry, housekeeping, scheduling, and operations). The current configuration supports multi-department operations under one roof with secure record areas and multiple controlled exits. Extensive on-site asphalt parking accommodates staff, visitors, and service vehicles. The site is located in a professional corridor near Little Britain Road, with convenient access to Route 9W, I-84, and regional healthcare providers. 21 Cerone Place parcel (+/- 1 acres) provides flexibility for additional parking, new construction, outdoor programming, or future redevelopment (see attached plans), making this a rare assemblage opportunity in the City of Newburgh.
Property Information
Property Type
Commercial Sale
Sub-Type
Office
Year Built
2000
Stories
1
Living Area
12,200 sq ft
Lot Size
1.50 acres
Days on Market
109
MLS® Listing#
958210
Property Features
Cooling
Heating
Parking
Construction
Utilities
Sewer
Water Source
Financial Details
Assessed Value
$1,891,000
Parcel Number
331100-033-000-0002-016.200-0000
Directions
Little Britain to Cerone Pl
Affordability Calculator
$379,000
Estimated monthly payment
$10,086/mo
Principal $1,516,000 · Est. interest $2,114,955 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Newburgh, NY
- $434,146
- Median Listing Price
- 67
- Median Days on Market
- 2,100
- Median Sq Ft
- $237
- Median Price / Sq Ft
- 150
- Active Listings
- This home’s price is 336% above the area median.
- Its price per sq ft is 35% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Newburgh, NY.
Location
Getting Around
Points of Interest in Newburgh, NY
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Nearby Schools
Nfa West
School · 0.3 mi away
Sacred Heart School
School · 0.7 mi away
H VCS
School · 0.7 mi away
Newburg Free Academy
School · 0.8 mi away
South Middle School
Secondary · 1.0 mi away
Gidney Avenue Memorial School
Elementary · 1.1 mi away
North Junior High School
Secondary · 1.2 mi away
Head Start of Eastern Orange County
School · 1.2 mi away
Bishop Dunn Memorial School
School · 1.3 mi away
San Miguel Academy
School · 1.3 mi away
Newburgh Enlarged City School District
School · 1.4 mi away
Horizon-on-the-Hudson Magnet School
Elementary · 1.5 mi away
New Windsor School
Elementary · 1.6 mi away
Heritage Middle School
Secondary · 1.6 mi away
Temple Hill School
Elementary · 1.8 mi away
Blooming Grove Academy
School · 2.4 mi away
Balmville Elementary School
Elementary · 2.6 mi away
Tots-N-US
School · 2.7 mi away
Gardener Town Fundamental Magnet
Elementary · 2.7 mi away
Kaplan Career Academy
School · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1430 Route 300, Newburgh, NY | $1,500,000 | — | — | 2,260 |
| 470 Little Britain Road, Newburgh, NY | $1,500,000 | 3 | 3 | 3,155 |
| Rte 17K, Newburgh, NY | $1,500,000 | — | — | — |
| 36 Sloane Road, Newburgh, NY | $1,850,000 | 4 | 4 | 5,027 |
| 471 Broadway, Newburgh, NY | $2,000,000 | — | — | 20,016 |
| 87 Taft Avenue, Newburgh, NY | $2,200,000 | — | — | 10,025 |
Moving Cost Estimate
EXIT Agents in Newburgh
Listing Courtesy: Rand Commercial - 8452943100
Presented by: Charles Benjamin Emanuel
Fair Housing Notice