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Income-Generating Triplex on Large Lot

9 Benedict Lane New Windsor, NY 12553

New
9 Benedict Lane, New Windsor, NY, 12553
$899,000
For Sale
Claim this Listing
$899,000

MULTI_FAMILY - New Windsor, NY

Lot Size1.40 Acres
AddedJul 16
Days on Market1
Last RefreshJul 16 at 11:06 am

Property Features for 9 Benedict Lane

General Information

Property type
Residential Multi Family
Property subtype
Other
Bedrooms
8
Bathrooms
4
Rooms
Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
Parking features
Driveway
Interior features
First Floor Bedroom, Eat-in Kitchen
Standard status
Active
APN
332489-005-000-0001-007.000-0000
Lot size
1.40 Acres

Taxes and HOA fees

Tax Year
2025
Tax Annual Amount
16778

Utilities

Sewer type
Septic Tank
Heating system
Baseboard, Propane (Heating), Oil
Water source
Well

Building Details

Year built
1951
Number of units
3

Listing agent Virginia Corbett License #10401314602

Listing office eXp Realty 291 Main St., Ste 201 - 2nd Fl, Hauppauge, NY

Listing date Jul 16, 2026

MLS# 1026800 Listing URL

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 for-sale income property consists of three separate residences within a single triplex setup on a 1.4-acre parcel. Each home functions independently, offering flexible use options such as renting all three or occupying one while leasing the others, with one house delivered vacant. The offering also includes a large outdoor lot that can support routine exterior use and potential future site improvements.

The property is located at 9 Benedict Lane in New Windsor, New York. Public remarks note it is across the street from Cornwall High School and near train service, shopping, and schools, which may contribute to ongoing rental demand.

Financially, the property is described as producing $96,300 in gross annual rental income, with annual operating expenses totaling $20,400 for a net annual operating income of $75,900, based on the provided figures.

Key Highlights

  • Three separate residences on a single 1.4‑acre parcel
  • Gross annual rental income of $96,300 with net annual operating income (NOI) of $75,900
  • Approximately 8% cap rate based on $75,900 NOI (operating expenses: $20,400 for taxes, insurance, and lawn care)

Property Analytics

Property Profile 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 - For sale triplex with three independent residences on a 1.4-acre parcel, generating NOI of $75,900 annually.
Where is this triplex located?
The property is located at 9 Benedict Lane 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 a single 1.4‑acre parcel; Gross annual rental income of $96,300 with net annual operating income (NOI) of $75,900; Approximately 8% cap rate based on $75,900 NOI (operating expenses: $20,400 for taxes, insurance, and lawn care)
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