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    OFF-MARKET
    Schools

    621 Blooming Grove Tpke, New Windsor, NY 12553

    68,917 SF
    Property ID
    US63-1669338
    Property summary
    AI-generated overview

    This exceptional 68,917 square foot educational campus in New Windsor, Orange County, New York, is available for purchase via bankruptcy sale. The property comprises six buildings on a sprawling campus, including a 43,800 square foot public school building with 17 classrooms, 5 study rooms, a gymnasium, cafeteria, and commercial kitchen. Four dormitories, a large colonial-style administrative building, a maintenance building, an in-ground pool with pool house, and an older cottage complete the campus. The main school building is currently leased to Kaplan Career Academy, a NYS-approved public school, with the lease expiring June 30, 2025. Upon lease expiration, the entire campus (excluding the school building) will be delivered vacant. The property is zoned R-4, permitting various uses including single-family residences, schools, colleges, convalescent homes, and hospitals. All bids are subject to bankruptcy court approval. This presents a unique opportunity to acquire a substantial property with diverse potential uses in a desirable location. The property features two stories and was renovated in 2007. The asking price is $15,000,000. Serious inquiries only.

    Property profile
    Verified
    Property type Schools
    Total area 68,917 SF
    UPID US63-1669338
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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