70 Pleasant Hill Road New Windsor, NY $ 7,250,000
70 Pleasant Hill Road
$ 7,250,000
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70 Pleasant Hill Road

New Windsor, NY, 12553
$ 7,250,000
Bedrooms-- Baths-- Sq 19,668

Monthly Estimate*

$ 44,639

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Commercial Property for sale in New Windsor, NY

for $7,250,000. This 19,668 square foot building was built in 1985 on a lot size of 4.9.

Fully leased commercial investment opportunity in desirable Cornwall, NY adjacent and visible from I87/NYS Thruway. The Class A office building is 100% occupied by a long-term commercial tenant (Tectonic Engineering Headquarters) who leases the entire 3 story building through a NNN lease that runs thru October 31, 2029 with built in increases and a 5 year option to extend. Tenant reimburses the landlord for real estate taxes, insurance, and maintenance, creating a strong net-lease income structure. The tenant is also responsible for garbage service, building and septic maintenance, and lawn care/snow removal, resulting in minimal landlord responsibilities which are limited to roof, structure, parking lot and HVAC replacement (new HVAC currently being installed). Additional passive revenue is generated from two longterm rooftop cell tower leases with major telecommunications carriers, Verizon and TMobile, providing stable supplemental income with annual lease increases. The total reported net operated income for 2025 was $478,752 reflecting a cap rate of 6.6%. 2026 proforma NOI is $490,658 reflecting an increase to a 6.8% cap rate. Future annual rental projection documents and leases require a signed NDA. Recent capital improvements include a new HVAC system currently being installed by the landlord and a roof replacement completed two years ago, enhancing the property’s long-term reliability and minimizing deferred maintenance expense. Future expansion-Situated on a sizable parcel with potential for a 10000 sq ft building expansion subject to zoning approvals, the property offers future upside in addition to its existing income stream. A rare opportunity to acquire a stable, income-producing commercial asset with long-term tenancy and multiple revenue sources in a strong Hudson Valley market.

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Commercial Active

Price

$ 7,250,000

Property Type

Commercial

Taxes

$ 46,576

Style

Office

Lot Size

4.9

Year Built

1985

Town/City

New Windsor

County/Region

Orange

MLS | Web ID

969964

Features
General
Sewer Septic Tank
Heating Forced Air Oil
Cooling Central Air
Utilities Cable Connected Electricity Connected Phone Connected
Security Features Security System Video Cameras
Construction Materials Other
Year Built 1985
Electric Three Phase
Stories Count 3
Property Subtype Office
Tax Year 2025
Parcel Number 332489-034-000-0001-005.100-0000
Gross Income 542892
Business Type Commercial Professional/Office
Building Name Tectonic Engineering
Accessibility Accessible Approach with Ramp
County Orange County
Operating Expense 56169
Property Type Commercial Sale
Building Features Bathrooms Built-in-Features High Speed Internet Lobby Ramp Signage Included Storage
Other Structures Shed(s)
Directions Orrs Mill Road to Pleasant Hill Road. 1.2 miles on the left. Or Rt 32 to Pleasant Hill Road 0.9 miles on right.
City Cornwall
High School District Cornwall
Property Attached Y/N Y
Tax Annual Amount 46576.36
Property Condition Estimated
Building Area Units Square Feet
Standard Status Active
Middle/Junior School District Cornwall
Elementary School District Cornwall
Tax Assessed Value 1238000
Tax Lot 5.1
Cap Rate 7
Year Built Effective 1985
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Interior
Basement Partially Finished
Flooring Carpet Ceramic Tile
Total Stories 3
Basement Features Partially Finished
Basement (Y/N) Y
Entry Level 1
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Exterior
Parking Features Parking Lot Parking Lot
Water Source Private
Total Parking 95
Parking Spaces 95
Foundation Details Other
Building Area Total 19668
Waterfront Y/N N
Road Frontage Type Interstate Municipal
Other Equipment Generator
Road Responsibility Public Maintained Road
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Internal Only
Street Number 1 70
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* Excluded Features
List By
Jason L McGovern

Listing Agent

Keller Williams Hudson Valley

Broker

845-610-6065

Contact

Affordability Calculator

$48,521
Per Month
92%
8%
0%
Monthly Principal & Interest
$44,639
Monthly Property Taxes
$3,881
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
5386611 Elementary School
5386607 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/7/2026$7,250,000 Listed Price

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70 Pleasant Hill Road, New Windsor, NY, 12553 is a Commercial Property for sale at $7,250,000 with 19,668 sqft and a lot size of 4.9. 70 Pleasant Hill Road was built in 1985. The property's zip code is 12553 which is in New Windsor, NY