Automotive Repair Shop with
For Sale
$1,250,000
262 Quassaick Avenue, New Windsor, NY 12553
Commercial Sale, New Windsor, NY
Property Size3,000 SF
Lot Size0.69 Acres
Price / SF$416.67
Days on Market48
Property Features for 262 Quassaick Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R-4
Parking
30
Lot features
Level, Paved
Elementary school district
Newburgh
Middle school district
Newburgh
High school district
Newburgh
Standard status
Active
APN
334800-040-000-0002-012.000-0000
Lot size
0.69 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
21718
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Water source
Public
Building Details
Floors in Building
1
Building materials
Frame
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Nicholas Cuomo · License #10401279744
(845) 928-8000
Added: Jul 10
Changed: Aug 20
Last Checked: Aug 26 at 6:06PM
MLS# 1024613
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This automotive repair property combines a commercial building, an operating repair business, and a substantial equipment package on approximately 0.6933 acres. The facility includes multiple service bays and equipment for vehicle lifts, alignments, tire work, diagnostics, welding, pressing, and general shop operations. The business has served the area since 1979 and has handled repairs, maintenance, tires, alignments, diagnostics, and New York State inspections for cars, light trucks, and small RVs. Two operable plow-equipped vehicles are also included, subject to the final inventory of included items.
The property is located at 262 Quassaick Avenue in New Windsor, within an established residential setting containing homes, condominiums, and apartment communities. Approximately 7,000 vehicles pass the business daily, providing consistent corridor exposure. The property is zoned R-4 and has frame construction, electric heat, public water, and public sewer.
The property is located at 262 Quassaick Avenue in New Windsor, within an established residential setting containing homes, condominiums, and apartment communities. Approximately 7,000 vehicles pass the business daily, providing consistent corridor exposure. The property is zoned R-4 and has frame construction, electric heat, public water, and public sewer.
Key Highlights
- Approximately 0.6933 acres at 262 Quassaick Avenue, New Windsor, NY 12553
- Automotive business serving the area since 1979
- Multiple service bays with extensive repair and diagnostic equipment
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,515
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
2.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$730,300
$730.3K
Cap Rate 7%
$521,643
$521.6K
Cap Rate 9%
$405,722
$405.7K
Market Conditions
NOI Build-Up for 3,000 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$54.0K $18.00/SF
− Vacancy
−$1.8K −$0.61/SF
EGI
$52.2K $17.39/SF
− OpEx
−$15.6K −$5.22/SF
NOI
$36.5K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$730,300
Cap Rate 7%
$521,643
Cap Rate 9%
$405,722
Alternative Uses
Best Use
Retail
$521.6K
$456.4K – $608.6K
NOI $36,515 @ 7.0% cap · market cap 2.92%
Second Best
Industrial
$349.6K
$305.9K – $407.9K
NOI $24,472 @ 7.0% cap · market cap 1.96%
Theoretical Best
Office A
$1.02M
$889.1K – $1.19M
NOI $71,124 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
7,000 VPD
Traffic count
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
394
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 100%
Windsor
Apparel
2,288 visits/mo
0.5 miles
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 Retail in Northeast region
Questions? Ask Rey
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Similar Off Market Nearby
- CDS Auto And Truck Repair — 2917 Rte 9W Suite 200, New Windsor, NY 12553
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- 9 W Motor Werks — 2899 Rte 9W suite 200, New Windsor, NY 12553
- Premier Automotive Solutions — 2894 Rte 9W Unit 2, New Windsor, NY 12553
- Affordable Auto Sales & Service of the Hudson Valley — Shop in, rear of building, 2899 Rte 9W suite 100, New Windsor, NY 12553
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive operation with service bays, extensive shop equipment, and public water and sewer connections.
Where is this auto shop located?
The property is located at 262 Quassaick Avenue New Windsor, NY.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Approximately 0.6933 acres at 262 Quassaick Avenue, New Windsor, NY 12553; Automotive business serving the area since 1979; Multiple service bays with extensive repair and diagnostic equipment
