Administrative Building
182 S. Plank Rd, Newburgh, NY 12550
3820 S/F - $1.75 Million
The current owners of this office both work on large projects and manage properties from the office; there has been extensive overlap.
There is sufficient staff to continue the administration of the Fishkill, New Windsor, Newburgh, Wallkill and Sandy Hook properties. There would be enough extra space to dedicate to professionals, such as attorneys, to accommodate sharing space and expenses.
The administrative office totals 3,820 sq ft, with 2,965 sq ft on the 1st floor and 855 sq ft on the 2nd floor. The structure is 91′ by 33′, with 4 bathrooms. CO was issued Feb 10, 2021. There are 7 offices, 2 meeting rooms and 3 bathrooms downstairs, and a 1 office, a break room and 1 bathroom upstairs.
Interior / Exterior Photos
Office Floor Plans (PDF):
T-12sHistorical occupancy for all properties from 2020 thru Mar 2023. See Google spreadsheet:
OccupancyOffice Floor Plans (PDF):
T-12sStaffing
Field Staffing
- Non-union employment contracts
- 8 dedicated field staff, employees of Farrell Management Company (“FMC”). Listed below including current property responsibility and state of work.
- Sandy Hook and Gardnertown have Clubhouses with staff offices for leasing / admin.
- Salaries expense line item on T-12 include leasing commission.
Operations
- Third-party vendor contract for snow/lawn/landscaping for all our properties
- FMC maintenance staff designated “on-call” for emergencies.
Description and Documentation For Each Property
Each individual property has a page with general info, profit & loss, rent roll and unit mix.