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Triplex Investment Property
For Sale
$899,000

9 Benedict Lane, New Windsor, NY 12553

Residential Income, New Windsor, NY

Property SizeContact for details
Lot Size1.40 Acres
Days on Market46

Property Features for 9 Benedict Lane

General Information

Property type Residential Multi Family
Property subtype Triplex
Bedrooms 8
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bathroom 3, Bathroom 1, Bedroom 3, Bedroom 4, Bedroom 8, Bedroom 2, Bedroom 6, Bedroom 1, Bedroom 5, Bedroom 7
Parking features Driveway
Interior features First Floor Bedroom, Eat-in Kitchen
Elementary school Cornwall Elementary School
Middle school Cornwall Middle School
High school Cornwall Central High School
Elementary school district Cornwall
Middle school district Cornwall
High school district Cornwall
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 Oil, Baseboard, Propane (Heating)
Water source Well

Building Details

Year built 1951
Number of units 3
Listing Agency: eXp Realty
Listed By: Virginia Corbett · License #10401314602
Added: Jul 16 Changed: Aug 20 Last Checked: Aug 30 at 2:06PM
MLS# 1026800

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 triplex property comprises three separate residences situated on a 1.4-acre parcel. The homes function independently, and one will be delivered vacant, allowing the next owner to occupy that residence or lease all three homes. Interior features include first-floor bedrooms and eat-in kitchens, while heating is provided through oil, baseboard, and propane systems.

The property was built in 1951 and uses a private well and septic tank. On-site parking is provided by a driveway. The offering is located across from Cornwall High School, with train service, shopping, and schools nearby. The asset is reported at approximately an 8% cap rate and includes a large lot suitable for outdoor use.

Key Highlights

  • Three separate residences on one 1.4‑acre parcel
  • One residence will be delivered vacant
  • Approximately 8% cap rate

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Electrical Service Storage Facility Garden Center

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

3
Residential units

Location Intelligence

Trade Area within ½ mile

73
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 Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Three independent residences on a spacious parcel, with one home delivered vacant and well and septic systems.
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 one 1.4‑acre parcel; One residence will be delivered vacant; Approximately 8% cap rate
More about this property
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