Retail Space with Drive-Up
For Sale
$1,875,000
393 Windsor Highway, New Windsor, NY 12553
HC-zoned space combines a large sales floor with two drive-up service windows.
Property Size11,180 SF
Lot Size1.90 Acres
Price / SF$167.71
Days on Market9
Property Features for 393 Windsor Highway
General Information
Standard status
Active
Size
11,180 SF
Total Parking Spaces
65
Lot size
1.90 Acres
Zoning
HC
Site & Location
Drive-Thru
Yes
Utilities to Site
Yes
Additional Details
Sprinkler System
Yes
Taxes and HOA fees
Annual Taxes
$51,060
Amenities
1
No
Public
Parking Lot
11180
Building Details
Building Size
11,180 SF
Buildings
1
Stories
1
Listing Agency:
Rand Commercial
(516) 703-2918
Listed By:
Alex Switalski
Source:
Hedgestonehomes
Added: Oct 21
Changed: Oct 28
Last Checked: Oct 28 at 4:05PM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 11,180-square-foot retail building sits on 1.9 acres and features two drive-up windows. The interior includes a broad retail floor, rear storage, a utility room, loading area, manager’s office, and two private bathrooms. Building features include three-phase electric service, a sprinkler system, and 12-foot dropped ceilings. The property has 65 paved parking spaces. Included shelving totals 1,500 feet, and the cooler area provides 50 feet of reach-in and walk-in space; both may be removed.
The site fronts Windsor Highway for 240 feet. Nearby retailers include ShopRite, Mavis Tire, Bank of America, KeyBank, Citizens Bank, Price Chopper, Tractor Supply, Dunkin’ Donuts, Starbucks, and Wendy’s.
The site fronts Windsor Highway for 240 feet. Nearby retailers include ShopRite, Mavis Tire, Bank of America, KeyBank, Citizens Bank, Price Chopper, Tractor Supply, Dunkin’ Donuts, Starbucks, and Wendy’s.
Key Highlights
- 11,180‑square‑foot retail building on 1.9 acres
- Two drive‑up windows
- 240 feet of frontage along Windsor Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$136,078
Cap Rate
7.26%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,721,560
$2.7M
Cap Rate 7%
$1,943,971
$1.9M
Cap Rate 9%
$1,511,978
$1.5M
Market Conditions
NOI Build-Up for 11,180 SF
Gross rent
$201.2K $18.00/SF
− Vacancy
−$6.8K −$0.61/SF
EGI
$194.4K $17.39/SF
− OpEx
−$58.3K −$5.22/SF
NOI
$136.1K $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 Rate 5%
$2,721,560
Cap Rate 7%
$1,943,971
Cap Rate 9%
$1,511,978
Alternative Uses
Best Use
Retail
$1.94M
$1.70M – $2.27M
NOI $136,078 @ 7.0% cap · market cap 7.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.79M
$3.31M – $4.42M
NOI $265,057 @ 7.0% cap · market cap 14.14%
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
Open Analytics
Current Use
Lease Details
Yes
Sprinkler system
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
555
Businesses Nearby
126k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 50%
Dining 26%
Groceries 18%
Electronics 5%
McDonald's
Dining
31,052 visits/mo
0.3 miles
Hannaford
Groceries
22,932 visits/mo
0.3 miles
Citgo
Shops & Services
15,726 visits/mo
0.2 miles
Mobil
Shops & Services
14,295 visits/mo
0.3 miles
Bank of America
Shops & Services
8,323 visits/mo
0.1 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - HC-zoned space combines a large sales floor with two drive-up service windows.
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 $1,875,000.
What are key features of this property?
This property features: 11,180‑square‑foot retail building on 1.9 acres; Two drive‑up windows; 240 feet of frontage along Windsor Highway
