Leased Class A Office
For Sale
$6,500,000
70 Pleasant Hill Road, New Windsor, NY 12553
Fully leased three-story office building on an NNN structure with long-term tenant and rooftop telecom revenue.
Property SizeContact for details
Days on Market109
Property Features for 70 Pleasant Hill Road
General Information
Standard status
Active
Class
A
Property subtype
Commercial
Occupancy
100%
Additional Details
Cap Rate
6.8%
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$46,576
Amenities
Central air
Central Air Cooling
Cleared
Forced Air Heating
Level
Oil Heating
Parking Lot
Building Details
Year Built
1985
Stories
3
Tenancy
Single
Listing Agency:
KW HUDSON VALLEY UNTIED
(845) 610-6065
Listed By:
JASON L MCGOVERN · License #10301205773
Source:
Corcoran
Added: May 7
Changed: Aug 22
Last Checked: Aug 22 at 6:49AM
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 KW HUDSON VALLEY UNTIED
Investment Insights
Based on property information with market context.
This fully leased, Class A office building is structured on a NNN lease, with the entire three-story property occupied by a long-term tenant. The current lease runs through October 31, 2029 and includes built-in increases, along with a five-year option to extend. In addition to base rent, the tenant reimburses the landlord for real estate taxes, insurance, and maintenance, while also handling garbage service and building and septic maintenance, plus lawn care and snow removal. Landlord responsibilities are limited to items such as roof, structure, parking lot, and HVAC replacement, and a new HVAC system is currently being installed.
The property also generates supplemental income from two long-term rooftop cell tower leases with Verizon and T-Mobile. The building is adjacent to and visible from I-87 / NYS Thruway.
Recent capital improvements include a roof replacement completed two years ago, intended to support long-term reliability and help minimize deferred maintenance expense. The parcel is described as suitable for potential building expansion subject to zoning approvals.
The property also generates supplemental income from two long-term rooftop cell tower leases with Verizon and T-Mobile. The building is adjacent to and visible from I-87 / NYS Thruway.
Recent capital improvements include a roof replacement completed two years ago, intended to support long-term reliability and help minimize deferred maintenance expense. The parcel is described as suitable for potential building expansion subject to zoning approvals.
Key Highlights
- 1985‑built, 3‑story Class A office building fully occupied under a long‑term NNN lease with Tectonic Engineering Headquarters.
- NNN lease runs through Oct 31, 2029 with built‑in increases and a 5‑year option to extend.
- Tenant reimbursement for real estate taxes, insurance, and maintenance; tenant also handles garbage service, building/septic maintenance, and lawn care/snow removal.
Property Analytics
Property Profile
Current Use
Lease Details
100%
Occupancy
Single-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
52
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?
NNN property - Fully leased three-story office building on an NNN structure with long-term tenant and rooftop telecom revenue.
Where is this nnn property 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: 1985‑built, 3‑story Class A office building fully occupied under a long‑term NNN lease with Tectonic Engineering Headquarters.; NNN lease runs through Oct 31, 2029 with built‑in increases and a 5‑year option to extend.; Tenant reimbursement for real estate taxes, insurance, and maintenance; tenant also handles garbage service, building/septic maintenance, and lawn care/snow removal.
