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    Renovated Showroom and Garage/Office Title is generated by Realmo AI

    11 Quassaick Avenue, New Windsor, NY 12553

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    For Sale
    $456,654

    Renovated showroom with garage/office space on Route 9W.

    Type:Commercial
    Property size:
    2,200 SF
    Lot size:
    0.19 Acres
    Price / SF:
    $207/SF
    Added:
    Feb 24, 2026
    Days on Market:
    81
    Last Refresh:
    Apr 5 at 9:15 pm

    Property Features for 11 Quassaick Avenue

    General Information

    Standard status
    Active
    Size
    2,200 SF
    Lot size
    0.19 Acres
    Property subtype
    Commercial

    We can help!

    Listing Contact
    PENNY B ALPER
    PENNY B ALPER

    Listing agent PENNY B ALPER

    Listing office YOUR MOVE MATTERS LLC

    Listing date Feb 24, 2026

    Source Corcoran

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of YOUR MOVE MATTERS LLC

    HighLights

    • High visibility location on Route 9W/Quassaick Avenue.
    • Renovated 2200 sq ft showroom with new floors, lighting, ceiling, and walls.
    • Large garage/office/storage space with new heat/AC mini splits.
    • New roof, foundation drain, and retaining wall.
    • New 3‑phase electric service.
    • Owner financing available (8% interest for 15 years, 35% down).

    Overview

    This property offers high visibility on Route 9W/Quassaick Avenue, situated at the junction of New Windsor and Newburgh. It features a renovated 2200 square foot showroom, along with a large garage/office/storage area that includes a small lobby and connected office. The retail area has been updated with new floors, lighting, ceiling, and walls, and is equipped with forced air heat and AC. The garage and office space benefit from new heat and AC mini splits. A new roof has been installed, along with a new foundation drain and a new 3-phase electric service for the smaller space on the right side of the building. Additionally, a new retaining wall has been constructed in the rear. The small parking lot can accommodate 6 cars. The property is located directly on Route 9W, across the street from Gus's Tavern. The property can be used as three separate rentals or as a single unit. The showroom space will be delivered vacant.

    Financial Insights

    Value Estimation Calculated for Office B

    Conservative
    $409.0K
    NOI $36,812 @ 9.00% cap · cautious / downside scenario
    Moderate
    $525.9K
    NOI $36,812 @ 7.00% cap · market / base-case scenario
    Aggressive
    $736.2K
    NOI $36,812 @ 5.00% cap · optimistic / upside scenario

    NOI & Cap Rate Calculator

    NOI Build-Up
    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.
         Calculated for Office B

    Component $ $/SF
    Gross rent $59.1k $26.88
    − Vacancy −$10.1k −$4.57
    EGI $49.1k $22.31
    − OpEx −$12.3k −$5.58
    NOI $36.8k $16.73
    2,200 SF · lease $26.88/SF/yr · vacancy 17.00% · expense 25.00%

    Alternative Use Scenarios

    Best Use
    Office B
    $525.9K
    $460.2K – $613.5K (±1% cap)
    NOI $36,812 @ 7.0% cap · market cap 8.06%
    Second Best
    Retail
    $382.5K
    $334.7K – $446.3K (±1% cap)
    NOI $26,778 @ 7.0% cap · market cap 5.86%
    Theoretical Best
    Office A
    $745.1K
    $652.0K – $869.3K (±1% cap)
    NOI $52,158 @ 7.0% cap · market cap 11.42%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ARJE NAILS Nail Salon

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Arik Austin mason carpet store — 128 S Robinson Ave #5, Newburgh, NY 12550
    • Rafael Tile LLC — 221 Ann St, Newburgh, NY 12550
    • Towers Guys landscaping & services inc. — 469 Little Britain Rd, Newburgh, NY 12550
    • RIM Plumbing & Heating Supply — 2 Johnes St, Newburgh, NY 12550

    Location Insight

    • Map
    • Local Demand
    City
    New Windsor
    County
    Orange
    State
    New York
    Longitude
    -74.0207
    Latitude
    41.4902

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    FAQs

    What type of property is this?
    Showroom - Renovated showroom with garage/office space on Route 9W.
    Where is this showroom located?
    The property is located at 11 Quassaick Avenue New Windsor, NY.
    What is the asking price?
    The asking price for this property is $456,654.
    What are key features of this property?
    This property features: High visibility location on Route 9W/Quassaick Avenue.; Renovated 2200 sq ft showroom with new floors, lighting, ceiling, and walls.; Large garage/office/storage space with new heat/AC mini splits.
    (845) 926-6400
    We can help!
    Listing Contact
    PENNY B ALPER
    PENNY B ALPER
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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