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Triplex with Three Independent Residences

9 Benedict Ln 5-7 New Windsor, NY 12553

New
9 Benedict Ln 5-7, New Windsor, NY, 12553
$899,000
For Sale
$899,000

Three separate residences on one parcel generate $96,300 in gross annual rental income and $20,400 in operating expenses.

Lot Size1.40 Acres
Days on Market3

Property Features for 9 Benedict Ln 5-7

General Information

Standard status
Active
Lot size
1.40 Acres
Property subtype
Investment

Building Details

Year Built
1951
Listing agency eXp Realty
Listed by Virginia Corbett · License #10401314602
Source Elliman
Added: Jul 20 Updated: Jul 21 at 11:37PM Checked: Jul 22 at 11:18AM

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 eXp Realty


Investment Insights

Based on property information with market context.

Offered for sale as an income-producing multi-property asset, this triplex consists of three separate residences on a single 1.4-acre parcel, with each home functioning independently. The gross annual rental income is $96,300, and annual operating expenses, including taxes, insurance, and lawn care, total $20,400, resulting in net annual operating income of $75,900 (about an 8% cap rate, per the offering). One house will be delivered vacant.

The property is located in New Windsor, NY, across the street from Cornwall High School and near train service, shopping, and schools, supporting ongoing renter demand.

The large lot provides outdoor space for day-to-day use and potential future improvements, while the independent layout allows for flexible occupancy strategies across the three residences.

Key Highlights

  • Three separate residences on one 1.4‑acre parcel
  • Gross annual rental income of $96,300 with annual operating expenses totaling $20,400
  • Net annual operating income of $75,900 (about an 8% cap rate as stated)

Property Analytics

Location Intelligence

Current Use by Public Records

Triplexes

Suggested Use

Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Storage Facility Garden Center Furniture & Home Goods Skin Care Clinic Auto Parts Store (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Triplex - Three separate residences on one parcel generate $96,300 in gross annual rental income and $20,400 in operating expenses.
Where is this triplex located?
The property is located at 9 Benedict Ln 5-7 New Windsor, NY.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Three separate residences on one 1.4‑acre parcel; Gross annual rental income of $96,300 with annual operating expenses totaling $20,400; Net annual operating income of $75,900 (about an 8% cap rate as stated)
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