SOLD – Former Gateway Tire Center, Newburgh NY

Newburgh, NY - Guy Blake, CCIM, Syreeta Gaynor, and John Coladonato of Cushman & Wakefield / Pyramid’s Hudson Valley office have successfully closed the sale of 303 Broadway in Newburgh, NY, the former Gateway Tire Center, for $399,000 in an all-cash transaction. Guy Blake, CCIM and Syreeta Gaynor exclusively represented the seller and John Coladonato represented the buyer.

The 10,500 sf, 2-story building was purchased by a local restaurateur who also owns a number of other properties in the area. Commented buyer’s agent, John Coladonato, “The new owner plans to meet with the planning board in the very near future to discuss all his options for renovating the property.”