70 Pleasant Hill Road, New Windsor, NY 12553
SINGLE_FAMILY - New Windsor, NY
Property Features for 70 Pleasant Hill Road
General Information
Taxes and HOA fees
Utilities
Building Details
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Investment Insights
Based on property information with market context.
The property is adjacent to and visible from I-87 / NYS Thruway in Cornwall, NY. Additional passive revenue comes from two long-term rooftop cell tower leases with Verizon and T-Mobile, each with annual lease increases. The reported 2025 net operating income reflects a 7.37% cap rate, and the 2026 proforma reflects a 7.55% cap rate.
Built in 1985, the building has carpet and ceramic tile flooring, forced-air oil heating, and central air conditioning. A roof replacement was completed two years ago, supporting long-term reliability and helping minimize deferred maintenance. The property sits on 4.9 acres and offers potential expansion up to a 10,000 SF building (subject to zoning approvals).
Key Highlights
- Four‑point‑nine‑acre parcel for an office building
- NNN lease in place through October 31, 2029 with five‑year option to extend
- Tenant reimburses taxes, insurance, and maintenance; tenant handles garbage, building and septic maintenance, lawn care, and snow removal
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 12553, NY
Market
Vacancy Rate% for Office in Northeast region