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Modern Medical Office Space Available
For Lease
$17 SF/Yr

21 Laurel Ave, Cornwall, NY 12518

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

Space SizeContact for details
Lot Size11.10 Acres
Days on Market165

Property Features for 21 Laurel Ave

General Information

Standard status Active
Lot size 11.10 Acres
Property subtype Commercial
Listing Agency: RAND COMMERCIAL
Listed By: Paul W. Adler · License #NY10401341414
Source: Elliman
Added: Mar 10 Changed: Jul 6 Last Checked: Aug 20 at 7:24AM

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. The property features professionally managed 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. Available upper-level suites include Suite 210, which is 1687 square feet and features a waiting room, reception area, five exam rooms, and a restroom. Suites 230 and 250 are combined to create Suite 240, offering 4040 square feet with large reception and waiting areas, thirteen exam rooms, and two restrooms. Suite 270 is currently used for storage but can be made available. Suite 260 is a corner unit with 2857 square feet, featuring a combined lobby/reception area, nine exam rooms, and three bathrooms. Adjoining Suite 260 is Suite 280, offering 4068 square feet with a large lobby and reception rooms, twelve exam rooms, and two bathrooms. Ample parking is available in a large, level lot, and exterior signage is an option. 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 8 miles away in Newburgh, and I-87 and Route 17/Future I-86 are in Central Valley.

Key Highlights

  • Located on Montefiore St. Luke's Cornwall Campus.
  • Suites can be combined and customized with a large selection of finishes.
  • Ample parking available with exterior signage.

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
$2.55 /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 Ave Cornwall, NY.
What is the lease rate?
The lease rate is $17 SF/Yr.
What are key features of this property?
This property features: Located on Montefiore St. Luke's Cornwall Campus.; Suites can be combined and customized with a large selection of finishes.; Ample parking available with exterior signage.
More about this property
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