Multi-Building Warehouse
For Sale
$2,750,000
332 95 85 75 Bill Larkin Drive, New Windsor, NY 12553
Commercial Sale, New Windsor, NY
Property Size12,000 SF
Lot Size3.40 Acres
Price / SF$229.17
Days on Market50
Property Features for 332 95 85 75 Bill Larkin Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
AP
Parking
50
Parking features
Parking Lot, Off Street, On Street
Appliances
Gas Water Heater
Subdivision
4 buildings
Elementary school district
Washingtonville
Middle school district
Washingtonville
High school district
Washingtonville
Directions
Stewart Airport
Standard status
Active
APN
3-1-51.1
Lot size
3.40 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
21120
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Propane (Heating), Forced Air, Natural Gas
Cooling system
Wall/Window Unit(s), Window Unit(s), Central Air
Water source
Public
Building Details
Year built
2019
Floors in Building
1
Number of units
4
Building materials
Vinyl Siding
Listing Agency:
Tactical Realty LLC
Listed By:
Steven Moreau
(845) 218-5000
Added: Sep 7
Changed: Oct 20
Last Checked: Oct 26 at 10:06AM
MLS# 1047789
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.
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Investment Insights
Based on property information with market context.
This warehouse property comprises four commercial buildings constructed in 2019, totaling approximately 12,000 SF across 3.4 acres. The improvements accommodate four building tenants, while a separate land lease adds a fifth occupied component. Each unit is separately metered, and the property is served by public water, public sewer, natural gas, and forced-air heating. Construction includes vinyl siding, with central air and wall or window cooling options identified.
The property is located near New York Stewart International Airport, with access points approximately 1 mile from Route 207, 2 miles from Route 747, 3 miles from I-84, 4 miles from I-87, and 4 miles from Route 9W. Woodbury Common Premium Outlets is approximately 14 miles away. Zoning is AP, and on-site parking is provided through lot, off-street, and on-street options.
The property is located near New York Stewart International Airport, with access points approximately 1 mile from Route 207, 2 miles from Route 747, 3 miles from I-84, 4 miles from I-87, and 4 miles from Route 9W. Woodbury Common Premium Outlets is approximately 14 miles away. Zoning is AP, and on-site parking is provided through lot, off-street, and on-street options.
Key Highlights
- Four commercial buildings totaling approximately 12,000 SF on 3.4 acres
- Built in 2019 with four building tenants and a separate land lease
- 100% occupancy across five tenants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$118,863
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,377,260
$2.4M
Cap Rate 7%
$1,698,043
$1.7M
Cap Rate 9%
$1,320,700
$1.3M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$168.5K $14.04/SF
− Vacancy
−$28.6K −$2.39/SF
EGI
$139.8K $11.65/SF
− OpEx
−$21.0K −$1.75/SF
NOI
$118.9K $9.91/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,377,260
Cap Rate 7%
$1,698,043
Cap Rate 9%
$1,320,700
Alternative Uses
Best Use
Warehouse
$1.70M
$1.49M – $1.98M
NOI $118,863 @ 7.0% cap · market cap 4.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.06M
$3.56M – $4.74M
NOI $284,498 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Well-served
Demand for This Use
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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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in Northeast region
Similar Off Market Nearby
- STORAGE BOSS — 496 Temple Hill Rd, New Windsor, NY 12553
Frequently Asked Questions
What type of property is this?
Warehouse - Four-building warehouse property with separately metered units, public water and sewer, and established occupancy.
Where is this warehouse located?
The property is located at 332 95 85 75 Bill Larkin Drive New Windsor, NY.
What is the asking price?
The asking price for this property is $2,750,000.
What are key features of this property?
This property features: Four commercial buildings totaling approximately 12,000 SF on 3.4 acres; Built in 2019 with four building tenants and a separate land lease; 100% occupancy across five tenants
