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    416 Windsor Hwy New Windsor, NY 12553-6982
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    Property profile & analytics

    416 Windsor Hwy New Windsor, NY 12553-6982


    • Retail space
    • 1.70 lot acres
    Off-Market
    Last Sale Jan 16, 2024
    $9,000,000
    Property ID
    US63-5260213
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,000,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Nichole Calamari / Pharmacy
    • Lena Ocasio-Ortiz / Pharmacy

    Property Details for 416 Windsor Hwy

    Lot size
    1.70 lot acres
    Property type
    Retail space
    APN
    334800 69-2-13
    APU
    33480069213

    Description

    This exceptional investment opportunity presents a 14,550-square-foot Walgreens located at 416 Windsor Hwy, Vails Gate, NY 12584, in Orange County. The property boasts a strong 6.32% cap rate and a substantial net operating income (NOI) of $578,609. Secured by a credit-rated, corporate-guaranteed absolute triple-net (NNN) lease with Walgreens, a publicly traded company (NYSE: WBA) and S&P Investment Grade Credit, this investment offers significant long-term stability. The lease commenced November 1, 2011, and extends to November 30, 2036, providing a remaining term of 12 years. Rent increases are built into the base term and options, ensuring consistent income growth. Situated on a 1.7-acre lot, this Walgreens enjoys a prime location near two signalized intersections and is approximately 600 feet from three major supermarkets: Shop Rite, Hannaford, and Price Chopper. The property benefits from strong demographics, with an average household income exceeding $114,000 within a 3-mile radius and over $927 million in consumer spending within a 5-mile radius in 2023. This affluent Orange County/Hudson Valley location ensures consistent high traffic and strong sales potential for the tenant. The asking price is $9,150,000, translating to a price per square foot of $628.87. This is a rare opportunity to acquire a high-performing, net-leased retail property with a blue-chip tenant in a desirable location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,000,000
      ML approach
      $9,000,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    New Windsor
    County
    Orange
    State
    New York
    Longitude
    -74.0573
    Latitude
    41.4555
    CBSA code
    39100
    CBSA name
    POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2021
    $0.00
    $133,100
    $350,100
    $483,200
    -
    $1,212,196
    $3,188,504
    $4,400,700
    More about this property
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