Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    940 Little Britain Rd New Windsor, NY 12553

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contract
    $1,000,000

    16.2 acres of commercial land near Stewart Airport.

    Lot size:
    16.20 Acres

    Property Features for 940 Little Britain Rd

    General Information

    Standard status
    Contract
    Lot size
    16.20 Acres

    We can help!

    Listing Contact
    George K Koudounas
    George K Koudounas
    Source: Corcoran

    Listing Agency: RE/MAX BENCHMARK REALTY GROUP Listing Agent: George K Koudounas

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Commercial Acres Near Stewart Airport

    This property features 16.2 commercial acres zoned LC with municipal water, sewer, and natural gas available on the road. It is located just before the entrance to Stewart International Airport, offering possibilities for development. The site is adjacent to a newly constructed car wash and across the road from the Horizon Medical complex. Currently, the Hudson Valley SPCA animal shelter occupies the property, utilizing a small house as an office.
    Location Intelligence

    Current Use by Public Records

    Hudson Valley SPCA Animal Shelter

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    New Windsor
    County
    Orange
    State
    New York
    Longitude
    -74.0848872
    Latitude
    41.486818

    Nearby Similar for Sale

    • $1,200,000
      Pending

      Former Restaurant with Drive-Thru

      Turn-key restaurant opportunity in high-traffic New Windsor corridor.
      334 Windsor Hwy, New Windsor, NY 12553
      View Details
    • $650,000
      2,535 SF

      Versatile Commercial Property in New Windsor

      Commercial property with modern amenities, vehicle lift, and ample parking.
      16 Sloop Hill Rd, New Windsor, NY 12553
      View Details
    • $999,000
      1.40 Acres

      Multi-Home Investment in New Windsor

      Three single-family homes on 1.4 acres, generating $75,900 NOI.
      9 Benedict Ln, New Windsor, NY 12553
      View Details
    • $4,300,000
      17,500 SF

      New Windsor Retail Strip Mall

      17,500 sqft retail strip mall in New Windsor, NY.
      145 Windsor Hwy, New Windsor, NY 12553
      View Details
    • $1,690,000
      2.00 Acres

      Mixed-Use Auto Business Opportunity

      Commercial property with auto sales, service, body shop, and residence.
      268 Windsor Hwy, New Windsor, NY 12553
      View Details
    • $469,964

      Renovated Showroom and Garage/Office

      Renovated showroom with garage/office space on Route 9W.
      11 Quassaick Ave, New Windsor, NY 12553
      View Details
    • $649,000

      New Windsor Commercial Space For Sale

      2,535 SF commercial space with vehicle lift and garage.
      16 Sloop Hill Rd, New Windsor, NY 12553
      View Details
    • $2,499,000

      Leased Industrial Portfolio Near Airport

      Fully leased investment portfolio near Stewart International Airport.
      95 Bill Larkin Dr, New Windsor, NY 12553
      View Details
    • $499,000
      3,100 SF

      Retail Property in New Windsor

      Retail property in historic New Windsor, Orange County, Hudson Valley.
      1101 River Rd, New Windsor, NY 12550
      View Details
    • $449,999

      Freestanding Building on Windsor Highway

      Commercial building with high visibility and strong traffic in New Windsor.
      417 Windsor Hwy, New Windsor, NY 12553
      View Details
    • $1,995,000
      Pending

      Retail Building on Windsor Highway

      11,180 SF retail building with drive-up windows for sale.
      393 Windsor Hwy, New Windsor, NY 12553
      View Details
    • $1,599,900
      Pending

      Industrial Building with Expansion Potential

      1.3-acre site with industrial building and garage-style structure.
      31 Walnut St, New Windsor, NY 12553
      View Details

    FAQs

    What type of property is this?
    Commercial land - 16.2 acres of commercial land near Stewart Airport.
    Where is this commercial land located?
    The property is located at 940 Little Britain Rd New Windsor, NY.
    What is the asking price?
    The asking price for this property is $1,000,000.
    What are key features of this property?
    This property features: - 16.2 Commercial Acres in LC Zoning offer endless development possibilities.; - Municipal water, sewer, and natural gas available.; - Located near Stewart International Airport entrance.
    (845) 913-8247
    Request Owner's contact information
    940 Little Britain Rd New Windsor, NY 12553
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    940 Little Britain Rd
    New Windsor, NY 12553
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    940 Little Britain Rd New Windsor, NY 12553
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    George K Koudounas
    George K Koudounas
    Real Estate License ID: 30K01024277
    (845) 913-8247 (845) 565-0004
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!