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Three-Story NNN Office Building
For Sale
$6,500,000

70 Pleasant Hill Road, New Windsor, NY 12553

SINGLE_FAMILY - New Windsor, NY

Property SizeContact for details
Lot Size4.90 Acres
Days on Market93

Property Features for 70 Pleasant Hill Road

General Information

Property type Residential
Property subtype Office
Rooms Basement
Parking 95
Parking features Parking Lot
Security features Security System
Basement Partially Finished
Accessibility Accessible Approach with Ramp
Lot features Cleared, Level
Elementary school district Cornwall
Middle school district Cornwall
High school district Cornwall
Directions Orrs Mill Road to Pleasant Hill Road. 1.2 miles on the left. Or Rt 32 to Pleasant Hill Road 0.9 miles on right.
Standard status Active
APN 332489-034-000-0001-005.100-0000
Lot size 4.90 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 46576

Utilities

Sewer type Septic Tank
Heating system Oil, Forced Air
Cooling system Central Air
Water source Private

Building Details

Year built 1985
Floors in Building 3
Flooring type Carpet, Tile - Ceramic
Listing Agency: KW Hudson Valley Untied · Keller Williams Realty
Listed By: Jason L McGovern · License #10301205773
Added: May 7 Changed: Aug 3 Last Checked: Aug 6 at 11:06PM
MLS# 969964

Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This three-story office building is fully leased to a long-term tenant under a NNN lease structure covering the entire building. The lease runs through October 31, 2029 and includes built-in increases, along with a five-year option to extend. The tenant reimburses the landlord for real estate taxes, insurance, and maintenance, while also handling garbage service and building and septic maintenance, as well as lawn care and snow removal. Landlord responsibilities are limited to roof, structure, parking lot, and HVAC replacement. A new HVAC system is currently being installed.

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

Office buildings

Suggested Use

Top Pick Electrical Service Big Box & Wholesale Store Real Estate Agency Cafe & Coffee Shop Accounting Firm Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

36
Businesses Nearby

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

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office building - Fully leased three-story office building with central air, private septic, accessible ramp approach, and rooftop telecom lease income.
Where is this office building located?
The property is located at 70 Pleasant Hill Road New Windsor, NY.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 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
More about this property
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