Mixed-Use Property with
For Sale
$734,900
273 Windsor Highway, New Windsor, NY 12553
Commercial space on the lower levels is paired with a three-bedroom apartment upstairs.
Property Size5,240 SF
Price / SF$140.25
Days on Market20
Property Features for 273 Windsor Highway
General Information
Standard status
Active
Size
5,240 SF
Property subtype
Mixed Use
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Additional Details
Property Use
Veterinary
Medical Specialty
veterinary
Building Details
Year Built
1979
Buildings
1
Tenancy
Single
Listing Agency:
Howard Hanna Rand Realty
(845) 928-9691
Listed By:
Celina I Rofer · License #10301201370
(845) 492-1715
Source:
Neilcharlesrealestate
Added: Oct 12
Changed: Oct 30
Last Checked: Oct 30 at 1:53AM
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 Howard Hanna Rand Realty
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Investment Insights
Based on property information with market context.
Built in 1979, this 5,240-square-foot mixed-use property combines commercial space on the main floor and finished basement with an apartment above. The commercial area is currently occupied by a veterinary clinic and includes two exam rooms, two waiting rooms, reception, a bathroom, office and records space, and storage. The 1,976-square-foot apartment has three bedrooms and two full bathrooms.
The property is located along Route 32 at 273 Windsor Highway in New Windsor, New York.
The property is located along Route 32 at 273 Windsor Highway in New Windsor, New York.
Key Highlights
- 5,240‑square‑foot mixed‑use property built in 1979
- 1,976‑square‑foot apartment with 3 bedrooms and 2 full bathrooms
- Commercial area spans the main level and finished basement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$45,627
Cap Rate
6.21%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$912,540
$912.5K
Cap Rate 7%
$651,814
$651.8K
Cap Rate 9%
$506,967
$507.0K
Market Conditions
NOI Build-Up for 5,240 SF
Gross rent
$84.9K $16.20/SF
− Vacancy
−$11.9K −$2.27/SF
EGI
$73.0K $13.93/SF
− OpEx
−$27.4K −$5.22/SF
NOI
$45.6K $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%
$912,540
Cap Rate 7%
$651,814
Cap Rate 9%
$506,967
Alternative Uses
Best Use
Mixed Use
$651.8K
$570.3K – $760.5K
NOI $45,627 @ 7.0% cap · market cap 6.21%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.77M
$1.55M – $2.07M
NOI $124,231 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
267
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 - Commercial space on the lower levels is paired with a three-bedroom apartment upstairs.
Where is this mixed-use property located?
The property is located at 273 Windsor Highway New Windsor, NY.
What is the asking price?
The asking price for this property is $734,900.
What are key features of this property?
This property features: 5,240‑square‑foot mixed‑use property built in 1979; 1,976‑square‑foot apartment with 3 bedrooms and 2 full bathrooms; Commercial area spans the main level and finished basement
