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$7,250,000
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Property Description
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.
Full Property Details
Full Property Details for 70 Pleasant Hill Rd
General
- Price: $7,250,000
- Taxes: $46,576
- Status: Active
- Type: Office
- Source: Long_Island
- MLS ID: 969964
- Updated: 5/7/2026
- Added to Site: 7 day(s) ago
Business
- Business Type: Commercial, Professional/Office
Rental Information
- Complex Features: Bathrooms, Built-in-Features, High Speed Internet, Lobby, Ramp, Signage Included, Storage
Interior
- Flooring: Carpet, Ceramic Tile
Additional Information
- Improvements: Brand New HVAC system installed by May 2026
- Security/Safety: Security System, Video Cameras
Parking
- Total Spaces: 95
- Parking Features: Parking Lot
Location
- County: Orange County
- Cross Streets: Breeze Hill Road and NYS Thruway
- Driving Directions: Orrs Mill Road to Pleasant Hill Road. 1.2 miles on the left. Or Rt 32 to Pleasant Hill Road 0.9 miles on right.
School Information
- High School District: Cornwall
Heating & Cooling
- Central air: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Oil
Utilities
- Electric Available: Yes
- Sewer: Septic Tank
- Water: Private
- Utility Description: Cable Connected, Electricity Connected, Phone Connected
Structural Information
- Detached/Attached: Attached
- Construction: Other
- Basement: Yes
- Basement Desc.: Partially Finished
- Entry Floor Number: 1
- Stories/Levels: 3
- Stories in Building: 3
- Building Size: 19668
- Square Feet: 19,668
- Year Built: 1985
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Lot Size (Acres): 4.9
- Lot Size (Sq. Ft.): 213,444
- Frontage: Interstate, Municipal
- Road Maintenance: Public Maintained Road
- Lot Features: Cleared, Level
Financial Considerations
- Tax Amount: $46,576.36
Disclosures and Reports
- Special Conditions: None
- Property ID: 332489-034-000-0001-005.100-0000
- Block: 1
- Lot Number: 5.1
Listed by Keller Williams Hudson Valley
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Schools
Schools serving 70 Pleasant Hill Rd
School District:Cornwall Central School District
| Name | Grades | Distance |
|---|---|---|
Cornwall Elementary School 99 Lee Road, Cornwall, NY 12518 | K-4 | 2.7 mi |
Cornwall Middle School 122 Main Street, Cornwall, NY 12518 | 5-8 | 2.9 mi |
Cornwall Central High School 10 Dragon Drive, New Windsor, NY 12553 | 9-12 | 2.1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 70 Pleasant Hill Rd
Date
Details
Price
Change
Source
5/07/2026
Listed
$7,250,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 70 Pleasant Hill Rd
70 Pleasant Hill Road, New Windsor, NY 12553 (MLS# 969964) is a Office property. 70 Pleasant Hill Road is currently listed for $7,250,000 and was received on May 07, 2026. Want to learn more about 70 Pleasant Hill Road? Do you have questions about finding other Office real estate for sale in New Windsor? You can browse all New Windsor real estate or contact a Coldwell Banker agent to request more information.
