Industrial Building Near Interstate
18 Silver Stream Rd, New Windsor, NY 12553
For Sale
$850,000
Pending
8,399 SF industrial building on 2.1 acres for sale.
Property Size8,399 SF
Lot Size2.10 Acres
Days on Market246
Property Features for 18 Silver Stream Rd
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Units
Listing Agency:
Rand Commercial
Listed By:
Robert A Vitanza · License NY #10301203390
(845) 562-0050
Source:
Elliman
Added: Mar 10
Changed: Aug 27
Last Checked: Aug 14 at 6:03AM
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
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Investment Insights
Based on property information with market context.
This one-story block building, totaling approximately 8,399 square feet, is situated on 2.1 acres zoned Planned Industrial. The property features two levels, each with ground-level access. The upper level spans approximately 4,813 square feet and includes a large open area, an office, and bathrooms, with 16-foot ceilings. Access to this level is provided by an entry door, a loading dock, and an overhead door. The lower level encompasses approximately 3,586 square feet and consists of a large open area with a small office, a bathroom, and 14.5-foot ceilings. Access to the lower level is via an entry door and two overhead doors. Heating for both levels is provided by an oil-fired hot air system. The property is connected to municipal water and sewer services. Additionally, there is a fenced-in storage yard. The property is located 2 miles from I-84, Exit 36, and the NYS 87 interchange.
Key Highlights
- Excellent location just 2 miles from I‑84 (Exit 36) and NYS 87 interchange.
- Large industrial space: 8,399 +/- sq. ft. block building on 2.1 acres.
- Flexible layout with two levels and ground‑level access, suitable for various uses.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,513
Cap Rate
8.06%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,370,260
$1.4M
Cap Rate 7%
$978,757
$978.8K
Cap Rate 9%
$761,256
$761.3K
Market Conditions
NOI Build-Up for 8,399 SF
Gross rent
$117.9K $14.04/SF
− Vacancy
−$20.0K −$2.39/SF
EGI
$97.9K $11.65/SF
− OpEx
−$29.4K −$3.50/SF
NOI
$68.5K $8.16/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,370,260
Cap Rate 7%
$978,757
Cap Rate 9%
$761,256
Alternative Uses
Best Use
Flex RnD
$1.40M
$1.22M – $1.63M
NOI $97,917 @ 7.0% cap · market cap 11.52%
Second Best
Industrial
$978.8K
$856.4K – $1.14M
NOI $68,513 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$2.84M
$2.49M – $3.32M
NOI $199,125 @ 7.0% cap · market cap 23.43%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
232
Businesses Nearby
Balanced
Demand for This Use
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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
$351,200
Median Home Value
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Market
Average Price Trend$/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 - 8,399 SF industrial building on 2.1 acres for sale.
Where is this flex space located?
The property is located at 18 Silver Stream Rd New Windsor, NY.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Excellent location just 2 miles from I‑84 (Exit 36) and NYS 87 interchange.; Large industrial space: 8,399 +/- sq. ft. block building on 2.1 acres.; Flexible layout with two levels and ground‑level access, suitable for various uses.
