Renovated Flex Industrial
161 Temple Hill Road, New Windsor, NY 12553
For Sale
$3,490,500
Updated flex facility combining open warehouse space, dedicated offices, heavy-duty power, and municipal water and sewer service.
Property Size19,500 SF
Lot Size1.60 Acres
Price / SF$179
Days on Market53
Property Features for 161 Temple Hill Road
General Information
Standard status
Size
Lot size
Property subtype
Site & Location
Highway Access
Utilities to Site
Warehouse & Industrial
Clear Height
Clear Span
Warehouse Space
Office Build-Out
Drive-In Doors
Three-Phase Power
Building Details
Building Size
Listing Agency:
Samuel Kaufman
(516) 807-4315
Listed By:
Samuel Kaufman (sam5900404@gmail.com)
Source:
Anapolitano
Added: Sep 16
Changed: Nov 4
Last Checked: Nov 6 at 8:18AM
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 Samuel Kaufman
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 19,500-square-foot flex facility at 161 Temple Hill Road occupies 1.6 acres and includes a 17,250-square-foot warehouse plus a 2,250-square-foot office area. The warehouse is insulated, heated, and column-free, with ceiling clearances ranging from 24 to 27 feet. Four overhead doors support material movement, and two can be adapted for dock-level loading. Three-phase power is installed for equipment-intensive operations. The office component is newly built and includes central air conditioning.
The property is near New Windsor’s Five Corners intersection, with access to major state highways and proximity to Stewart International Airport. Municipal water and sewer service are available at the site.
The property is near New Windsor’s Five Corners intersection, with access to major state highways and proximity to Stewart International Airport. Municipal water and sewer service are available at the site.
Key Highlights
- 19,500 SF flex facility on 1.6 acres
- 17,250 SF heated, insulated warehouse with 24 to 27 foot ceilings
- 2,250 SF newly built office area with central air conditioning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$227,335
Cap Rate
6.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,546,700
$4.5M
Cap Rate 7%
$3,247,643
$3.2M
Cap Rate 9%
$2,525,944
$2.5M
Market Conditions
NOI Build-Up for 19,500 SF
Gross rent
$367.4K $18.84/SF
− Vacancy
−$17.6K −$0.90/SF
EGI
$349.7K $17.94/SF
− OpEx
−$122.4K −$6.28/SF
NOI
$227.3K $11.66/SF
Area
Orange County, NY
Vacancy
4.80%
Lease Rate
$18.84 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$4,546,700
Cap Rate 7%
$3,247,643
Cap Rate 9%
$2,525,944
Alternative Uses
Best Use
Flex RnD
$3.25M
$2.84M – $3.79M
NOI $227,335 @ 7.0% cap · market cap 6.51%
Second Best
Warehouse
$2.76M
$2.41M – $3.22M
NOI $193,152 @ 7.0% cap · market cap 5.53%
Theoretical Best
Office A
$6.60M
$5.78M – $7.71M
NOI $462,309 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
27 ft
Clear height
4
Drive-in doors
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
560
Businesses Nearby
Under-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
$351,200
Median Home Value
Market
Average Price Trend$/SF for Flex space in Orange County, NY
Properties on Market for Flex space in Orange County
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
What type of property is this?
Flex space - Updated flex facility combining open warehouse space, dedicated offices, heavy-duty power, and municipal water and sewer service.
Where is this flex space located?
The property is located at 161 Temple Hill Road New Windsor, NY.
What is the asking price?
The asking price for this property is $3,490,500.
What are key features of this property?
This property features: 19,500 SF flex facility on 1.6 acres; 17,250 SF heated, insulated warehouse with 24 to 27 foot ceilings; 2,250 SF newly built office area with central air conditioning
