Medical Office with Five Exam
For Sale
$519,900
45 Quassaick Avenue, New Windsor, NY 12553
NC-zoned professional space includes additional offices, a lower-level work area, and off-street parking.
Property Size2,592 SF
Price / SF$200.58
Days on Market100
Property Features for 45 Quassaick Avenue
General Information
Standard status
Active
Size
2,592 SF
Property subtype
Commercial
Zoning
NC
Additional Details
Property Use
Medical Office
Taxes and HOA fees
Annual Taxes
$13,501
Building Details
Building Size
2,592 SF
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Craig Pelsue
(845) 527-5572
Source:
Croninreale
Added: Jul 17
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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 Keller Williams Realty
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Investment Insights
Based on property information with market context.
This 2,592-square-foot medical office in New Windsor is arranged with five exam rooms, additional offices, and a lower level that can provide more workspace. The property also has off-street parking and carries NC zoning.
Town approval may allow a live/work arrangement. The additional office areas and lower-level space offer flexibility for professional use.
Town approval may allow a live/work arrangement. The additional office areas and lower-level space offer flexibility for professional use.
Key Highlights
- 2,592‑square‑foot medical office
- Five exam rooms
- Additional offices and lower‑level workspace
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,089
Cap Rate
8.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,780
$921.8K
Cap Rate 7%
$658,414
$658.4K
Cap Rate 9%
$512,100
$512.1K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$87.1K $33.60/SF
− Vacancy
−$10.3K −$3.96/SF
EGI
$76.8K $29.64/SF
− OpEx
−$30.7K −$11.85/SF
NOI
$46.1K $17.78/SF
Area
Orange County, NY
Vacancy
11.80%
Lease Rate
$33.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$921,780
Cap Rate 7%
$658,414
Cap Rate 9%
$512,100
Alternative Uses
Best Use
Healthcare Medical
$658.4K
$576.1K – $768.2K
NOI $46,089 @ 7.0% cap · market cap 8.86%
Second Best
Office B
$619.6K
$542.1K – $722.9K
NOI $43,371 @ 7.0% cap · market cap 8.34%
Theoretical Best
Office A
$877.9K
$768.2K – $1.02M
NOI $61,452 @ 7.0% cap · market cap 11.82%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
620
Businesses Nearby
Under-served
Demand for This Use
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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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Market
Vacancy Rate% for Office in Northeast region
Frequently Asked Questions
What type of property is this?
Medical Office Space - NC-zoned professional space includes additional offices, a lower-level work area, and off-street parking.
Where is this medical office space located?
The property is located at 45 Quassaick Avenue New Windsor, NY.
What is the asking price?
The asking price for this property is $519,900.
What are key features of this property?
This property features: 2,592‑square‑foot medical office; Five exam rooms; Additional offices and lower‑level workspace
