70 Pleasant Hill Road, New Windsor, NY 12553
- Added:
- May 7, 2026
- Days on Market:
- 47
- Last Refresh:
- Jun 22 at 1:06 pm
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
- 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
- Tile - Ceramic, Carpet
Listing agent Jason L McGovern License #10301205773,NEWYORK (914) 760-7331
Listing office KW Hudson Valley Untied 9 Bert Crawford Rd, Ste 104, New City, NY (845) 610-6065
Listing date May 7, 2026
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.
HighLights
- 3‑story Class A office building in Cornwall, NY is fully leased to Tectonic Engineering (HQ) under a NNN lease.
- NNN lease runs through Oct 31, 2029 with built‑in increases and a 5‑year option to extend; tenant reimburses taxes, insurance, and maintenance.
- Tenant responsibilities include garbage service, building and septic maintenance, and lawn care/snow removal; landlord responsibilities limited to roof, structure, parking lot, and HVAC replacement.
- Additional income from two long‑term rooftop cell tower leases with Verizon and T‑Mobile, each with annual lease increases.
- Recent improvements: roof replacement completed two years ago and new HVAC system currently being installed by the landlord.
- Reported 2025 net operating income was $478,752 (7.37% cap rate); 2026 proforma NOI is $490,658 (7.55% cap rate).
Overview
The building is located in Cornwall, NY, adjacent to and visible from the I-87/NYS Thruway corridor at 70 Pleasant Hill Road. The landlord’s responsibilities are described as limited to roof, structure, parking lot, and HVAC replacement, with a new HVAC system currently being installed. The property is also generating additional passive income through two long-term rooftop cell tower leases with Verizon and T-Mobile, each with annual lease increases.
Recent capital improvements include a roof replacement completed two years ago, intended to minimize deferred maintenance. Based on reported 2025 net operating income of $478,752 and a 2026 proforma NOI of $490,658, the offering includes ongoing contracted cash flow and supplementary telecommunications revenue. The parcel size is described as 4.9 acres, with potential for a future building expansion of up to 10,000 square feet subject to zoning approvals, for buyers who want to underwrite long-term possibilities alongside existing leases. Future annual rental projections and leases require an NDA.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- New Windsor
- County
- Orange
- State
- New York
- Longitude
- -74.072281
- Latitude
- 41.423509
