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Modern Medical Office Space Available
For Lease
$18 SF/Yr

21 Laurel Avenue, Cornwall, NY 12518

Class-A medical office suites for lease on hospital campus.

Space SizeContact for details
Lot Size11.10 Acres
Days on Market460

Property Features for 21 Laurel Avenue

General Information

Standard status Active
Lot size 11.10 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $209,311

Amenities

Central air
Central Air Cooling
Forced Air Heating
Off Street
Parking Lot
Listing Agency: RAND COMMERCIAL
Listed By: HILARY R. GOLDMAN · License #NY10401341414
Source: Corcoran
Added: May 14, 2025 Changed: Aug 16 Last Checked: Aug 16 at 5:48AM

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 RAND COMMERCIAL

Investment Insights

Based on property information with market context.

Located on the Montefiore St. Luke's Cornwall Campus, this modern Class-A medical office building offers a light-filled, two-story atrium that provides a welcoming entry. The property features spacious suites with configurations designed to maximize workspace efficiency. Contiguous units can be combined to accommodate larger practices, and full build-outs are available with a selection of finishes for customization. The property is professionally managed. Available upper-level suites include Suite 210, which is 1687 square feet and features a waiting room, reception area, 5 exam rooms, and a restroom. Suites 230 and 250 are combined to create Suite 240, offering 4040 square feet with large reception and waiting rooms, 13 exam rooms, and 2 restrooms. Suite 270 is currently used for storage but can be made available. Suite 260 is a large corner unit with 2857 square feet, a combined lobby/reception area, 9 exam rooms, and 3 bathrooms. Adjoining Suite 280 offers 4068 square feet, with a large lobby and reception rooms, 12 exam rooms, and 2 bathrooms. Ample parking is available in a large, level lot, and exterior signage is available. A bus stop is located at the front door. The Salisbury Mills/Cornwall train station is 4.5 miles away, and Stewart Airport is 7 miles away. The junction of I-84 and I-87 is just 8 miles away in Newburgh, and I-87 and Route 17/Future I-86 are in Central Valley.

Key Highlights

  • Class‑A Medical Office Building (MOB) on Montefiore St. Luke's Cornwall Campus.
  • Spacious suites with flexible configurations and build‑out options for customization.
  • Ample parking and exterior signage available.

Property Analytics

Current Use

Fugo Jonathan R ... Physician St. Luke’s Cornwall ... Medical Group Dr. Jeffrey Klein, ... Physician Michael Sayegh MD Ophthalmologist ENT Faculty Practice Physician

Suggested Use

Top Pick Dental Office Real Estate Agency Building Supply Auto Parts Store Nail Salon HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$2.70 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

429
Businesses Nearby
Under-served
Demand for This Use

Demographics for 12518, NY

5,622
Population
2,474
Households
2.3
Avg Household Size
43
Median Age
54%
College-Educated
96%
High-School Grad
8.0 sq mi
ZIP Area
703
Density / Sq Mi
$99,833
Median Household Income
$60,096
Median Earnings
$1,720
Median Rent
$358,200
Median Home Value

Market

Vacancy Rate% for Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Class-A medical office suites for lease on hospital campus.
Where is this medical office space located?
The property is located at 21 Laurel Avenue Cornwall, NY.
What is the lease rate?
The lease rate is $18 SF/Yr.
What are key features of this property?
This property features: Class‑A Medical Office Building (MOB) on Montefiore St. Luke's Cornwall Campus.; Spacious suites with flexible configurations and build‑out options for customization.; Ample parking and exterior signage available.
More about this property
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