Auto Shop with Vehicle
For Sale
$590,000
16 Sloop Hill Road, New Windsor, NY 12553
Commercial Sale, New Windsor, NY
Property Size2,535 SF
Lot Size0.28 Acres
Price / SF$232.74
Days on Market236
Property Features for 16 Sloop Hill Road
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
NC
Parking
10
Parking features
Parking Lot
Standard status
Active
APN
334800-037-000-0001-010.000-0000
Lot size
0.28 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
12471
Utilities
Utilities
Cable Available
Sewer type
Septic Tank
Heating system
Forced Air, Oil
Cooling system
Central Air
Water source
Public
Amenities
14' ceilings
heat and central A/C
full bathroom
3-ton vehicle lift
three 12' x 14' overhead garage doors with electric openers
shop air compressor
connected to town water and septic
oil heat (above-ground tank)
attached 3-car garage
Building Details
Building materials
Vinyl Siding
Listing Agency:
Tactical Realty LLC
Listed By:
Steven Moreau · License #10491208521
(845) 218-5000
Added: Jan 13
Changed: Aug 20
Last Checked: Sep 6 at 8:06AM
MLS# 951534
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,535-square-foot auto shop offers a functional service-oriented layout with 14-foot ceilings, an attached three-car garage, and a full bathroom. The property includes a 3-ton vehicle lift, shop air compressor, three overhead garage doors measuring 12 feet by 14 feet, and electric door openers. Heating is provided by forced air and oil, with central air conditioning. The building has vinyl siding and an above-ground oil tank.
The property sits on 0.2755 acres and provides parking for approximately 10 vehicles. Public water and septic service are in place, with cable available. Located in New Windsor, the site is 4 miles from Routes 84/87, 5 miles from Stewart Airport, and 10 miles from Woodbury Common. NC zoning is identified for the property.
The property sits on 0.2755 acres and provides parking for approximately 10 vehicles. Public water and septic service are in place, with cable available. Located in New Windsor, the site is 4 miles from Routes 84/87, 5 miles from Stewart Airport, and 10 miles from Woodbury Common. NC zoning is identified for the property.
Key Highlights
- 2,535 SF auto shop on 0.2755 acres
- 14‑foot ceiling height with attached three‑car garage
- 3‑ton vehicle lift and shop air compressor included
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$30,855
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$617,100
$617.1K
Cap Rate 7%
$440,786
$440.8K
Cap Rate 9%
$342,833
$342.8K
Market Conditions
NOI Build-Up for 2,535 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$45.6K $18.00/SF
− Vacancy
−$1.6K −$0.61/SF
EGI
$44.1K $17.39/SF
− OpEx
−$13.2K −$5.22/SF
NOI
$30.9K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$617,100
Cap Rate 7%
$440,786
Cap Rate 9%
$342,833
Alternative Uses
Best Use
Retail
$440.8K
$385.7K – $514.3K
NOI $30,855 @ 7.0% cap · market cap 5.23%
Second Best
Flex RnD
$422.2K
$369.4K – $492.6K
NOI $29,554 @ 7.0% cap · market cap 5.01%
Theoretical Best
Office A
$858.6K
$751.3K – $1.00M
NOI $60,100 @ 7.0% cap · market cap 10.19%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
14 ft
Clear height
3
Drive-in doors
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
97
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12553, NY
26,728
Population
11,150
Households
2.4
Avg Household Size
41
Median Age
35%
College-Educated
90%
High-School Grad
24.2 sq mi
ZIP Area
1,104
Density / Sq Mi
$94,207
Median Household Income
$50,749
Median Earnings
$1,612
Median Rent
$351,200
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
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- CDS — 2917 rte 9w #200, new windsor, ny 12553
- 9 W Motor Werks — 2899 Rte 9W suite 200, New Windsor, NY 12553
Frequently Asked Questions
What type of property is this?
Auto shop - Commercial shop includes high ceilings, vehicle-service equipment, multiple overhead doors, and on-site parking.
Where is this auto shop located?
The property is located at 16 Sloop Hill Road New Windsor, NY.
What is the asking price?
The asking price for this property is $590,000.
What are key features of this property?
This property features: 2,535 SF auto shop on 0.2755 acres; 14‑foot ceiling height with attached three‑car garage; 3‑ton vehicle lift and shop air compressor included
