$650,000
3 Bed • 3 Bath • 2,603 Sq. Ft.3 bd · 3 ba · 2,603 sqft
38 Chapel Court
Pine Bush, NY 12566
Listed with eXp Realty
$719,000
Est. $4,672/moNewburgh, NY 12550 · Orange County
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INVESTMENT OPPORTUNITY |FULLY RENOVATED PROFESSIONAL BUILDING PROJECTED INCOME OVER $84,000 ANNUALLY Turnkey commercial investment opportunity in the City of Newburgh. This completely builder-renovated professional building offers over 3,000 square feet of modern office space with six individual units and projected gross rental income exceeding $7,000 per month when fully leased. Unlike many commercial properties that require ongoing capital improvements, this building has been extensively renovated with virtually everything replaced or upgraded, including windows, doors, flooring, bathrooms, electrical systems, generac generator, heating and cooling systems, common areas, and a fully renovated elevator. The result is a low-maintenance asset designed to provide years of reliable operation with minimal deferred maintenance concerns. Each suite is individually metered with separate electric service and independent heating and cooling systems, helping reduce owner expenses while providing tenants with complete control of their utility usage. The property is fully handicapped accessible and features private parking, an oversized lobby area, professional finishes, and elevator access to all levels. Strategically located among established medical offices, healthcare providers, and professional businesses, the property is ideally suited for medical, wellness, counseling, legal, accounting, insurance, executive office, or professional service tenants. The flexible floor plan also provides opportunities for an owner-user to occupy a portion of the building while generating income from the remaining suites. Property Highlights: • Over 3,000 SF of renovated professional office space • Six individual office suites • Projected gross income exceeding $84,000 annually • Separate electric meters for each unit • Independent heating and cooling systems • Fully renovated elevator • Handicapped accessible • Private off-street parking • Oversized professional lobby and common areas • Surrounded by medical and professional office buildings • Minimal deferred maintenance • Excellent owner-user or investment opportunity Rarely does a commercial property become available that combines modern construction standards, strong income potential, utility separation, accessibility features, and a professional location in one package. This is a true turnkey asset ready for immediate occupancy and income generation.
Listed with Hudson Valley Home Connection · Melissa M Forsyth · Source: OneKey MLS
Information provided by One Key MLS, and is deemed reliable but not guaranteed accurate. Data last updated: Nov 2, 2026, 11:07 PM ET. ©2026 One Key MLS.
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Current listings
New in the last 30 days
59
Nov 2026
Average price
Active listings
$516,541
Nov 2026
Average days on market
Active listings
185 days
Nov 2026
Computed from 369 active OneKey MLS listings in Newburgh, NY.
$650,000
3 Bed • 3 Bath • 2,603 Sq. Ft.3 bd · 3 ba · 2,603 sqft
38 Chapel Court
Pine Bush, NY 12566
Listed with eXp Realty
$625,000
3 Bed • 2.5 Bath • 2,400 Sq. Ft.3 bd · 2.5 ba · 2,400 sqft
459 Ridge Road
Campbell Hall, NY 10916
Listed with Weichert Realtors
$599,999
3 Bed • 2 Bath • 2,208 Sq. Ft.3 bd · 2 ba · 2,208 sqft
44 Old Dutch Hollow Road
Greenwood Lake, NY 10925
Listed with Hudson Valley Home Connection