Mixed-Use Property with
For Sale
$850,000
2314 State Route 32, New Windsor, NY 12553
The layout supports commercial activity on the first floor and residential space on the second floor and lower level.
Property Size5,288 SF
Price / SF$160.74
Days on Market130
Property Features for 2314 State Route 32
General Information
Standard status
Active
Size
5,288 SF
Property subtype
Commercial
Additional Details
Mixed-Use Components
commercial, residential
Taxes and HOA fees
Annual Taxes
$14,435
Building Details
Building Size
5,288 SF
Year Built
1950
Year Renovated
2025
Listing Agency:
E Realty International Corp
(718) 886-8110
Listed By:
Myungok Do Smyth
(347) 889-1135
Source:
Croninreale
Added: Jun 17
Changed: Oct 23
Last Checked: Oct 23 at 4:17PM
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 E Realty International Corp
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Investment Insights
Based on property information with market context.
This 5,288-square-foot mixed-use property has commercial space on the first floor, with residential areas on the second floor and lower level. A lower-level kitchen was renovated in 2025, and an extension was completed in 2024. The building was originally constructed in 1950 and underwent a structural rebuild circa 1980–1985.
Located at 2314 State Route 32 in New Windsor, the property includes parking for 30 or more vehicles.
Located at 2314 State Route 32 in New Windsor, the property includes parking for 30 or more vehicles.
Key Highlights
- 5,288 square feet
- Commercial use on the first floor; residential space on the second floor and lower level
- Lower‑level kitchen renovation completed in 2025
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,045
Cap Rate
5.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,900
$920.9K
Cap Rate 7%
$657,786
$657.8K
Cap Rate 9%
$511,611
$511.6K
Market Conditions
NOI Build-Up for 5,288 SF
Gross rent
$85.7K $16.20/SF
− Vacancy
−$12.0K −$2.27/SF
EGI
$73.7K $13.93/SF
− OpEx
−$27.6K −$5.22/SF
NOI
$46.0K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$920,900
Cap Rate 7%
$657,786
Cap Rate 9%
$511,611
Alternative Uses
Best Use
Mixed Use
$657.8K
$575.6K – $767.4K
NOI $46,045 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.79M
$1.57M – $2.09M
NOI $125,369 @ 7.0% cap · market cap 14.75%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
104
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
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The layout supports commercial activity on the first floor and residential space on the second floor and lower level.
Where is this mixed-use property located?
The property is located at 2314 State Route 32 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: 5,288 square feet; Commercial use on the first floor; residential space on the second floor and lower level; Lower‑level kitchen renovation completed in 2025
