Regal Bag Factory

302 Water Street, Newburgh, NY 12550

  • For Sale $11,500,000
  • Property Type VacantLand
  • Lot Size 6.75 Acre
  • Date Updated Apr 16, 2024
N/AAvison Young has been exclusively engaged by ownership to offer for sale Newburgh’s Regal Bag Studios (the “Site”), + 6.75 acres of developable land in Newburgh, New York. The Site is comprised of covered and vacant land with over 2,000 feet of Hudson River frontage directly across the Hudson River from Beacon, New York and just 60 miles north of New York City.

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Attachments

Highlights

  • ± 6.75 acres with nearly 2,000 feet of Hudson River frontage
  • Existing ~110,000 square foot structure offers blank canvas for creative development of up to 100 irreplaceable units
  • Preliminary entitlements analysis indicates feasible pathway to pre-development approval for over 247,000 total square feet encompassing 200+ residential units, with potential to increase density via public infrastructure trade-offs
  • Enhanced accessibility to upstate economic hub, underscored by Tesla’s lease of a 927,000 square foot distribution facility within 5 miles of the site in August 2023
  • Increased residential housing demand with strong average rental growth of nearly 10% year-over-year
  • Coveted orange county location in the thriving Hudson Valley
  • Proximity to New York City with access via public transportation

Contacts

broker

Erik Edeen

Avison Young - US - NY - New York

(212) 729-7140

Location

Getting Around

  • Walk Score ®

    34/100 Car-Dependent

  • Bike Score ®

    16/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Newburgh, NY
  • Neighborhood Newburgh
  • Zip Code 12550
  • Market White Plains

Points of Interest

  • Beacon

    1.13 miles

  • Verplank Avenue & Route 9D

    1.53 miles

  • New Hamburg

    6.09 miles

  • Cold Spring

    7.03 miles

  • Salisbury Mills-Cornwall

    7.13 miles

  • Route 9 & Wenliss Terrace

    7.63 miles

  • Galleria Food Court

    9.03 miles

  • Garrison

    9.46 miles

  • BP

    1.45 miles

  • Sunoco

    1.49 miles

  • Diamond Fuels

    1.70 miles

  • Gulf

    1.75 miles

  • Mobil

    1.97 miles

  • Sunoco Gas Station

    3.11 miles

  • Sunoco

    3.33 miles

  • Tesla Supercharger

    3.47 miles

  • Mobil

    3.48 miles

  • Exxon

    3.50 miles

  • Boat Launch

    0.84 miles

  • 1

    1.65 miles

  • 2

    1.70 miles

  • Incline Railroad Parking

    2.65 miles

  • Newburgh Park and Ride

    2.98 miles

  • Tandem Trailer Lot

    3.24 miles

  • Parking Garage

    4.44 miles

  • ARFF Lot

    4.47 miles

  • Breakneck Ridge Sugarloaf Mountain

    4.69 miles

  • Esty & Hellie Stowell Trailhead Parking Area

    4.89 miles

  • Economy Inn

    1.86 miles

  • The Roundhouse at Beacon Falls

    2.32 miles

  • The Swann Inn of Beacon

    2.81 miles

  • Hampton Inn

    3.18 miles

  • Ramada Newburgh/West Point

    3.30 miles

  • Super 8 by Wyndham Newburgh/West Point Near Stewart Airport

    3.34 miles

  • Hudson Valley Hotel and Conference Center by FairBridge

    3.53 miles

  • Howard Johnson Inn - Newburgh

    3.59 miles

  • Hampton Inn & Suites

    3.69 miles

  • Hilton Garden Inn

    3.74 miles

  • Pizza Shop

    0.67 miles

  • Seoul Kitchen

    0.95 miles

  • Alexis Diner

    1.08 miles

  • Burger King

    1.13 miles

  • McDonald's

    1.16 miles

  • KFC

    1.33 miles

  • River Terrace Restaurant

    1.35 miles

  • Planet Pizza

    1.37 miles

  • Great Wall

    1.40 miles

  • Sal’s Pizza & Pasta

    1.55 miles

  • Montgomery Street School

    0.23 miles

  • Mount Saint Mary College

    0.37 miles

  • Mount Saint Marys Academy

    0.41 miles

  • Saint Mary's School

    0.46 miles

  • Grand Street Public School

    0.59 miles

  • Balmville Elementary School

    0.65 miles

  • Saint Patricks School

    0.67 miles

  • Saint Patrick's High School

    0.72 miles

  • Saint Patrick's Parochial School

    0.72 miles

  • Newburgh Free Academy North Campus

    0.82 miles

Frequently Asked Questions

What is the lease rate for Regal Bag Factory?

Rental asking rate at Regal Bag Factory is $5,750,000.00/YR.

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Contact Listing Broker

broker

Erik Edeen

Avison Young - US - NY - New York

(212) 729-7140