Stone Office Building with Rental
For Sale
$1,275,000
563 Temple Hill Road, New Windsor, NY 12553
Two-level layout includes private rooms, conference space, and a separate suite with independent utilities.
Property Size3,574 SF
Days on Market269
Property Features for 563 Temple Hill Road
General Information
Standard status
Active
Size
3,574 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$11,854
Building Details
Building Size
3,574 SF
Buildings
1
Stories
2
Units
2
Construction
stone
Abandoned
No
Listing Agency:
Keller Williams Realty
(206) 445-4798
Listed By:
Silvio Perez lll · License #10401347944
(206) 445-4798
Source:
Callexitfirst
Added: Dec 4, 2025
Changed: Aug 28
Last Checked: Aug 29 at 10:21AM
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
Investment Insights
Based on property information with market context.
This stone office property at 563 Temple Hill Road includes a main building arranged for professional operations. The first floor has a foyer, secretarial area, conference room, break room, work area, and lavatory. Four additional rooms and another lavatory are located upstairs, while a walk-up attic provides office space and the basement includes dry record storage.
A separate rental suite has its own utilities and offers an additional income component while the main building remains vacant for an owner-occupant. The property is positioned near a signalized intersection, Stewart Airport, Vails Gate, and Newburgh, with access to I-87 and I-84. Full municipal services are in place, and reported average annual daily traffic is approximately 26,000 vehicles.
A separate rental suite has its own utilities and offers an additional income component while the main building remains vacant for an owner-occupant. The property is positioned near a signalized intersection, Stewart Airport, Vails Gate, and Newburgh, with access to I-87 and I-84. Full municipal services are in place, and reported average annual daily traffic is approximately 26,000 vehicles.
Key Highlights
- Stone office building with first- and second‑floor professional spaces
- Separate rental suite with independent utilities
- Main building is currently vacant for owner occupancy
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$59,803
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.69%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,196,060
$1.2M
Cap Rate 7%
$854,329
$854.3K
Cap Rate 9%
$664,478
$664.5K
Market Conditions
NOI Build-Up for 3,574 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$96.1K $26.88/SF
− Vacancy
−$16.3K −$4.57/SF
EGI
$79.7K $22.31/SF
− OpEx
−$19.9K −$5.58/SF
NOI
$59.8K $16.73/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$26.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,196,060
Cap Rate 7%
$854,329
Cap Rate 9%
$664,478
Alternative Uses
Best Use
Office B
$854.3K
$747.5K – $996.7K
NOI $59,803 @ 7.0% cap · market cap 4.69%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.21M
$1.06M – $1.41M
NOI $84,733 @ 7.0% cap · market cap 6.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
336
Businesses Nearby
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
Market
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Two-level layout includes private rooms, conference space, and a separate suite with independent utilities.
Where is this office building located?
The property is located at 563 Temple Hill Road New Windsor, NY.
What is the asking price?
The asking price for this property is $1,275,000.
What are key features of this property?
This property features: Stone office building with first- and second‑floor professional spaces; Separate rental suite with independent utilities; Main building is currently vacant for owner occupancy
