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Retail Building on Windsor Highway

393 Windsor Hwy, New Windsor, NY 12553

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For Sale

$1,995,000

Retail building with drive-up windows and ample parking for sale.

Property size:

11,180 SF

Lot size:

1.90 Acres

Price / SF:

$178/SF

HighLights

Exceptional retail location with 240 feet of frontage on Windsor Highway.
High‑traffic area adjacent to Shoprite, Mavis Tire, Bank of America, and other major retailers.
11,180 sq ft retail building with two drive‑up windows.
65 paved parking spaces.
Includes 1,500 feet of shelving and 50 feet of reach‑in/walk‑in cooler space (optional removal).
Three‑phase electric and sprinkler system.

We can help!

Listing Contact

Robert A Vitanza

For Sale

$1,995,000

Retail building with drive-up windows and ample parking for sale.

Property size:

11,180 SF

Lot size:

1.90 Acres

Price / SF:

$178/SF

Added:: Nov 25, 2024
Days on Market:: 567
Last Refresh:: Jan 20 at 11:08 am

Property Features for 393 Windsor Hwy

General Information

Standard status: Active
Size: 11,180 SF
Lot size: 1.90 Acres

We can help!

Listing Contact

Robert A Vitanza

Listing agent Robert A Vitanza

Listing office Rand Commercial

Listing date Nov 25, 2024

Source Exprealty

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

HighLights

Exceptional retail location with 240 feet of frontage on Windsor Highway.
High‑traffic area adjacent to Shoprite, Mavis Tire, Bank of America, and other major retailers.
11,180 sq ft retail building with two drive‑up windows.
65 paved parking spaces.
Includes 1,500 feet of shelving and 50 feet of reach‑in/walk‑in cooler space (optional removal).
Three‑phase electric and sprinkler system.

Overview

This retail building, encompassing 11,180 square feet, is situated on a 1.9-acre lot and features 240 feet of frontage along Windsor Highway. The property includes two drive-up windows, a large open retail area, a rear storage area, a utility room, a loading area, a manager's office, and two private bathrooms. It is equipped with three-phase electric and a sprinkler system, and has 12-foot dropped ceilings. The property offers 65 paved parking spaces. The building includes 1,500 feet of shelving and 50 feet of reach-in/walk-in cooler space, which can be removed if desired. Nearby retailers include Shoprite, Mavis Tire, Bank of America, Key Bank, Citizens Bank, Price Chopper, Tractor Supply, Dunkin Donuts, Starbucks, and Wendy's.

Local Financial Insights For Retail

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$201.2k	$18.00
− Vacancy	−$6.8k	−$0.61
EGI	$194.4k	$17.39
− OpEx	−$58.3k	−$5.22
NOI	$136.1k	$12.17

11,180 SF · lease $18.00/SF/yr · vacancy 3.40% · expense 30.00%

Alternative Uses

Best Use

Retail

$1.94M

$1.70M – $2.27M (±1% cap)

NOI $136,078 @ 7.0% cap · market cap 6.82%

Second Best

—

no second resolved use

Theoretical Best

Office A

$3.79M

$3.31M – $4.42M (±1% cap)

NOI $265,057 @ 7.0% cap · market cap 13.29%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Rite Aid Pharmacy Pharmacy Sokunthea Tang Pharmacy Irina Simkhovich Pharmacy Rita Dave Pharmacy TD Bank ATM Atm

Suggested Use

Location Insight

Map
Local Demand

City: New Windsor
County: Orange
State: New York
Longitude: -74.055
Latitude: 41.4569

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What type of property is this?

Retail property - Retail building with drive-up windows and ample parking for sale.

Where is this retail property located?

The property is located at 393 Windsor Hwy New Windsor, NY.

What is the asking price?

The asking price for this property is $1,995,000.

What are key features of this property?

This property features: Exceptional retail location with 240 feet of frontage on Windsor Highway.; High‑traffic area adjacent to Shoprite, Mavis Tire, Bank of America, and other major retailers.; 11,180 sq ft retail building with two drive‑up windows.

393 Windsor Hwy, New Windsor, NY 12553

Retail building with drive-up windows and ample parking for sale.

Property Features for 393 Windsor Hwy

General Information

We can help!

HighLights

Overview

Local Financial Insights For Retail

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Two Homes with Lake Rights

Class A Office Building NNN Leases

Two-Unit Ranch with Detached Garage

Three-Unit Multifamily Property

Versatile Commercial Building on Route 9W

New Windsor Commercial Space For Sale

New Windsor Commercial Space For Sale

Leased Industrial Portfolio Near Airport

Former Restaurant with Drive-Thru

Renovated Showroom and Garage/Office

Office/Warehouse Building on Route 9W

Versatile Property in High-Traffic Area

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