Triplex with Three Independent
For Sale
$899,000
9 Benedict Ln 5-7, New Windsor, NY 12553
Three separate residences on one parcel generate $96,300 in gross annual rental income and $20,400 in operating expenses.
Property SizeContact for details
Lot Size1.40 Acres
Days on Market31
Property Features for 9 Benedict Ln 5-7
General Information
Standard status
Active
Lot size
1.40 Acres
Property subtype
Investment
Additional Details
Cap Rate
8%
Multifamily Units
3
Taxes and HOA fees
Annual Taxes
$16,777
Building Details
Year Built
1951
Units
3
Listing Agency:
eXp Realty
(845) 582-3790
Listed By:
Virginia Corbett · License #10401314602
(845) 582-3790
Source:
Elliman
Added: Jul 20
Changed: Aug 8
Last Checked: Aug 19 at 11:42AM
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 eXp Realty
Investment Insights
Based on property information with market context.
Offered for sale as an income-producing multi-property asset, this triplex consists of three separate residences on a single 1.4-acre parcel, with each home functioning independently. The gross annual rental income is $96,300, and annual operating expenses, including taxes, insurance, and lawn care, total $20,400, resulting in net annual operating income of $75,900 (about an 8% cap rate, per the offering). One house will be delivered vacant.
The property is located in New Windsor, NY, across the street from Cornwall High School and near train service, shopping, and schools, supporting ongoing renter demand.
The large lot provides outdoor space for day-to-day use and potential future improvements, while the independent layout allows for flexible occupancy strategies across the three residences.
The property is located in New Windsor, NY, across the street from Cornwall High School and near train service, shopping, and schools, supporting ongoing renter demand.
The large lot provides outdoor space for day-to-day use and potential future improvements, while the independent layout allows for flexible occupancy strategies across the three residences.
Key Highlights
- Three separate residences on one 1.4‑acre parcel
- Gross annual rental income of $96,300 with annual operating expenses totaling $20,400
- Net annual operating income of $75,900 (about an 8% cap rate as stated)
Property Analytics
Property Profile
Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
73
Businesses Nearby
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 Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Triplex - Three separate residences on one parcel generate $96,300 in gross annual rental income and $20,400 in operating expenses.
Where is this triplex located?
The property is located at 9 Benedict Ln 5-7 New Windsor, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three separate residences on one 1.4‑acre parcel; Gross annual rental income of $96,300 with annual operating expenses totaling $20,400; Net annual operating income of $75,900 (about an 8% cap rate as stated)
