Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    12 Union Ave Lot 1 Union Avenue New Windsor, NY 12553

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $87,000

    Cleared, commercially zoned land with utilities access.

    Type:Land or Vacant Lot
    Lot size:
    0.21 Acres
    Added:
    Jun 22, 2025
    Days on Market:
    283
    Last Refresh:
    Mar 31 at 1:29 am

    Property Features for 12 Union Ave Lot 1 Union Avenue

    General Information

    Standard status
    Active
    Lot size
    0.21 Acres
    Property subtype
    Land or Vacant Lot

    We can help!

    Listing Contact
    MAUREEN ELENA ARIAS
    MAUREEN ELENA ARIAS

    Listing agent MAUREEN ELENA ARIAS

    Listing office KELLER WILLIAMS REALTY PARTNER

    Listing date Jun 22, 2025

    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 KELLER WILLIAMS REALTY PARTNER

    Overview

    Commercially Zoned Land Available

    This commercially zoned lot is cleared and ready for development. The land has access to electric, water, and sewer, facilitating easy hookup and connection. Situated just off 9W, the location is suitable for various commercial uses, including offices and spas.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    New Windsor
    County
    Orange
    State
    New York
    Longitude
    -74.0163
    Latitude
    41.4742

    Nearby Similar for Sale

    • $949,000

      Income-Producing Multi-Property Asset

      Three residences on 1.4 acres, generating $75,900 NOI.
      9 Benedict Lane unit: 5-7, New Windsor, NY 12553
      View Details
    • $350,000

      Airport Center Drive Commercial Parcel

      Prime 1.2-acre commercial parcel near Stewart International Airport.
      70 Airport Center Drive, New Windsor, NY 12553
      View Details
    • $1,950,000

      New Windsor Development Opportunity

      6.78-acre development lot approved for senior living and retail.
      139 Windsor Highway, New Windsor, NY 12553
      View Details
    • $1,000,000
      12,000 SF

      Office/Warehouse Building on Route 9W

      12,000 sq ft office/warehouse near St. Luke’s Hospital.
      3054 Us Route 9W, New Windsor, NY 12553
      View Details
    • $649,000
      2,535 SF

      New Windsor Commercial Space For Sale

      2,535 SF commercial space with vehicle lift and garage.
      16 Sloop Hill Road, New Windsor, NY 12553
      View Details
    • $65,000

      Land in New Windsor, NY

      Land for sale in New Windsor, Orange County, NY.
      21 Coffey Avenue, New Windsor, NY 12553
      View Details
    • $1,690,000

      Mixed-Use Auto Business Opportunity

      Commercial property with auto sales, service, body shop, and residence.
      268 Windsor Highway, New Windsor, NY 12553
      View Details
    • $469,964
      2,200 SF

      Renovated Showroom and Garage/Office

      Renovated showroom with garage/office space on Route 9W.
      11 Quassaick Avenue, New Windsor, NY 12553
      View Details
    • $2,499,000
      4,200 SF

      Leased Industrial Portfolio Near Airport

      Fully leased investment portfolio near Stewart International Airport.
      95 Bill Larkin Drive, New Windsor, NY 12553
      View Details
    • $99,900

      Residential Lot in New Windsor

      Level, half-acre lot ready for your dream home.
      179 Riley Road, New Windsor, NY 12553
      View Details
    • $499,900

      2.3 Acre Vacant Land Parcel

      2.3 acre vacant land parcel with municipal utilities access.
      21 Silver Stream Rd, New Windsor, NY
      View Details
    • $550,000

      Versatile Property in High-Traffic Area

      Business opportunity in thriving location with rear parking and basement.
      45 Quassaick Avenue, New Windsor, NY 12553
      View Details

    FAQs

    What type of property is this?
    Commercial land - Cleared, commercially zoned land with utilities access.
    Where is this commercial land located?
    The property is located at 12 Union Ave Lot 1 Union Avenue New Windsor, NY.
    What is the asking price?
    The asking price for this property is $87,000.
    What are key features of this property?
    This property features: Commercially zoned lot offers versatile potential.; Cleared, ready land for your project.; Easy access to electric, water, and sewer hookups.
    (914) 962-0007
    We can help!
    Listing Contact
    MAUREEN ELENA ARIAS
    MAUREEN ELENA ARIAS
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!