Goldschmidt & Associates co-brokers $4.778 million sale with Bailey of Stan Johnson Co.

June 18, 2019 - Front Section
203 S. Plank Road - Newburgh, NY

 

Two Overhill Road - Newburgh, NY

 

Newburgh, NY According to Eric Goldschmidt, senior partner of Goldschmidt & Associates, they have co-brokered a $4.778 million sale with David Bailey of Stan Johnson Co. The subject is 203 S. Plank Rd., which is leased to CVS. 

Eric Goldschmidt,
Goldschmidt & Associates

Goldschmidt was retained by an area investor to seek properties for a needed 1031 exchange. Goldschmidt was able to facilitate the purchase of this Orange County asset. Built in 2018, the 13,600 s/f CVS sits on 2.38 acres at an intersection near I-84 and I-87.  

Goldschmidt was sole broker in the expansion and lease extension of New York Orthopedics, a medical practice in Westchester and Long Island. New York Orthopedics is expanding from 6,705 s/f to 15,128 s/f at Two Overhill Rd. The 62,000 s/f office building is close to the Scarsdale Train Station and across from the Bee Line Bus. It features a 200-space valet parking garage, two ADA elevators, and building upgrades. The building is 95% leased.

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