Ad #7839644
MLS #969964
Fully leased commercial investment opportunity in desirable
70 Pleasant Hill Rd, New Windsor, New York, 12553
$7,250,000
0Beds
0Baths
0Sqft
4.900Acres
About this property
Fully leased commercial investment opportunity in desirable Cornwall, NY adjacent and visible from I87/NYS Thruway. The Class A office building is 100% occupied by a long-term commercial tenant (Tectonic Engineering Headquarters) who leases the entire 3 story building through a NNN lease that runs thru October 31, 2029 with built in increases and a 5 year option to extend. Tenant reimburses the landlord for real estate taxes, insurance, and maintenance, creating a strong net-lease income structure. The tenant is also responsible for garbage service, building and septic maintenance, and lawn care/snow removal, resulting in minimal landlord responsibilities which are limited to roof, structure, parking lot and HVAC replacement (new HVAC currently being installed). Additional passive revenue is generated from two longterm rooftop cell tower leases with major telecommunications carriers, Verizon and TMobile, providing stable supplemental income with annual lease increases. The total reported net operated income for 2025 was $478,752 reflecting a cap rate of 6.6%. 2026 proforma NOI is $490,658 reflecting an increase to a 6.8% cap rate. Future annual rental projection documents and leases require a signed NDA. Recent capital improvements include a new HVAC system currently being installed by the landlord and a roof replacement completed two years ago, enhancing the property's long-term reliability and minimizing deferred maintenance expense. Future expansion-Situated on a sizable parcel with potential for a 10000 sq ft building expansion subject to zoning approvals, the property offers future upside in addition to its existing income stream. A rare opportunity to acquire a stable, income-producing commercial asset with long-term tenancy and multiple revenue sources in a strong Hudson Valley market.
Property Features
0 Beds
0 Baths
0 Sqft
Built in 1985
4.900 Acres
3 Stories
Parking Lot
Forced Air, Oil
$46,576 / yr property tax
Orange County
Additional Photos
Contact Information
Jason L McGovern
Keller Williams Hudson Valley Realty & United
914-760-7331
Location
Listing Agent: Jason L McGovern 914-760-7331
Broker: Keller Williams Hudson Valley Realty & United 845-639-0300 Listing Site
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.
Broker: Keller Williams Hudson Valley Realty & United 845-639-0300 Listing Site
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.
BarrierFreeHome.com
Printed Jun 8, 2026
Photo Gallery
$7,250,000
0
Beds
0
Baths
0
Sqft
70 Pleasant Hill Rd, New Windsor, New York, 12553
By contacting this agent you agree to these Terms and Conditions.
MLS# 969964
Fully leased commercial investment opportunity in desirable
$7,250,000
70 Pleasant Hill Rd, New Windsor, New York, 12553
0
Beds
0
Baths
0
Sqft
4.900
Acres
$7,250,000
70 Pleasant Hill Rd, New Windsor, New York, 12553
0 Beds
0 Baths
0 Sqft
4.900 Acres
Accessibility Features
Accessible Approach with Ramp
Fully leased commercial investment opportunity in desirable Cornwall, NY adjacent and visible from I87/NYS Thruway. The Class A office building is 100% occupied by a long-term commercial tenant (Tectonic Engineering Headquarters) who leases the entire 3 story building through a NNN lease that runs thru October 31, 2029 with built in increases and a 5 year option to extend. Tenant reimburses the landlord for real estate taxes, insurance, and maintenance, creating a strong net-lease income structure. The tenant is also responsible for garbage service, building and septic maintenance, and lawn care/snow removal, resulting in minimal landlord responsibilities which are limited to roof, structure, parking lot and HVAC replacement (new HVAC currently being installed). Additional passive revenue is generated from two longterm rooftop cell tower leases with major telecommunications carriers, Verizon and TMobile, providing stable supplemental income with annual lease increases. The total reported net operated income for 2025 was $478,752 reflecting a cap rate of 6.6%. 2026 proforma NOI is $490,658 reflecting an increase to a 6.8% cap rate. Future annual rental projection documents and leases require a signed NDA. Recent capital improvements include a new HVAC system currently being installed by the landlord and a roof replacement completed two years ago, enhancing the property's long-term reliability and minimizing deferred maintenance expense. Future expansion-Situated on a sizable parcel with potential for a 10000 sq ft building expansion subject to zoning approvals, the property offers future upside in addition to its existing income stream. A rare opportunity to acquire a stable, income-producing commercial asset with long-term tenancy and multiple revenue sources in a strong Hudson Valley market.
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Property Details
HOME DETAILS
0 Beds
0 Baths
0 Sqft
Built in 1985
4.900 Acres
3 Stories
EXTERIOR
Parking Lot
INTERIOR
Forced Air, Oil
FINANCIAL & COMMUNITY
$46,576 / yr property tax
Orange County
See More Details
Location
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Ad Statistics
Ad Number
7839644
Viewed
0 time
Listing Status
Active
Added
May 14, 2026
Last Refresh
Jun 08, 2026 09:04:43 PM
Listing Information
Data Source
OneKey MLS
Source Property ID
969964
Listing Agent: Jason L McGovern 914-760-7331
Broker: Keller Williams Hudson Valley Realty & United 845-639-0300 Listing Site
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.
Broker: Keller Williams Hudson Valley Realty & United 845-639-0300 Listing Site
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.
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