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Retail Building on Windsor Highway

393 Windsor Highway, New Windsor, NY 12553

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For Sale

$1,995,000

11,180 SF retail building with drive-up windows for sale.

Type:Commercial

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 major retailers including Shoprite, Mavis Tire, and multiple banks.
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

11,180 SF retail building with drive-up windows for sale.

Type:Commercial

Property size:

11,180 SF

Lot size:

1.90 Acres

Price / SF:

$178/SF

Added:: Mar 1, 2024
Days on Market:: 836
Last Refresh:: Apr 5 at 8:26 pm

Property Features for 393 Windsor Highway

General Information

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

We can help!

Listing Contact

ROBERT A VITANZA

Listing agent ROBERT A VITANZA

Listing office RAND COMMERCIAL

Listing date Mar 1, 2024

Source Corcoran

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 major retailers including Shoprite, Mavis Tire, and multiple banks.
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 11,180 square foot retail building is situated on 1.9 acres and features two drive-up windows. The property has 240 feet of frontage along Windsor Highway. The building includes 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 it has 12-foot dropped ceilings. There are 65 paved parking spaces available. The property includes 1,500 feet of shelving and 50 feet of reach-in/walk-in cooler space, which can be removed. Adjacent retailers include Shoprite, Mavis Tire, Bank of America, Key Bank, Citizens Bank, Price Chopper, Tractor Supply, Dunkin Donuts, Starbucks, and Wendy's. The property is located in New Windsor, NY.

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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For sale
Retail space
NY
New Windsor
12553
393 Windsor Highway

What type of property is this?

Retail space - 11,180 SF retail building with drive-up windows for sale.

Where is this retail space located?

The property is located at 393 Windsor Highway 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 major retailers including Shoprite, Mavis Tire, and multiple banks.; **11,180 sq ft retail building with two drive‑up windows.**

393 Windsor Highway, New Windsor, NY 12553

11,180 SF retail building with drive-up windows for sale.

Property Features for 393 Windsor Highway

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

Retail Building on Windsor Highway

Office/Warehouse Building on Route 9W

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