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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 T-Mobile, providing stable supplemental income with annual lease increases. The total reported net operated income for 2025 was $478,752 reflecting a cap rate of 7.37%. 2026 proforma NOI is $490,658 reflecting an increase to a 7.55% 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.

969964 MLS ⋅ Tectonic Engineering BLDG.

70 Pleasant Hill Road, New Windsor

$1,100,000

CORNWALL SCHOOLS ~ TO BE BUILT BY LOCAL ESTABLISHED REPUTABLE BUILDER ON THIS BEAUTIFUL PRIVATE LOT WITH VIEWS ON 5.1 ACRES. New construction & to be completed in 2026 approximately 11 months after fully executed contracts, weather permitting . Time to customize w/own colors. Approximately 3100' sq. ft. with central air throughout, 4-bedroom, 3 full bathroom colonial. Finished 344' sq. ft. bonus room, unfinished walk-up basement w/ sliding door opening to the back & side yard & 9' high ceilings. Space for pool if buyer would like to add in the future. 1st floor open floor plan w/9' ceilings & hardwood flooring. Family room with gas fireplace, eat-in kitchen with pantry, island, granite countertops & stainless steel appliances, formal living room, dining room, full bath & laundry room. Spacious 2 story foyer, staircase with a landing leading to 2nd floor with hardwood flooring throughout, master bedroom with 2 walk-in closets & spacious master bathroom with shower. Additional 3 spacious bedrooms & main bathroom with bathtub. Paved driveway. Close to train station & easy access to I-87 & I-84.

4 Beds ⋅ 3 Baths ⋅ 873089 MLS

4 Jefferson Avenue, New Windsor

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