436 Blooming Grove TpkeNew Windsor, NY 12553

  • Strip malls
  • 5.70 AC

Property Details for 436 Blooming Grove Tpke

Lot size
5.70 AC
Zone code
NC
Property type
Strip malls
Property subtype
Neighborhood centers
APN
334800 46-2-49
APU
33480046249

Description

This exceptional retail opportunity in New Windsor, NY, presents two available pad sites within the thriving New Windsor Commons shopping center at 436 Blooming Grove Turnpike. The property boasts a total of 50,000 square feet across three single-story buildings, housing twelve suites. Two spaces are currently available, ranging from 2,000 to 7,000 square feet, with one offering a drive-thru option. The center enjoys high visibility and excellent access, featuring dual entrances and ample parking (261 spaces). Benefit from established co-tenancy with strong national and local brands including Dollar General, United States Postal Service, and Hannaford. Additional nearby retailers include Verizon, Subway, Popeyes, Dunkin', and more, ensuring high foot traffic and a robust customer base. The property's strategic location in Orange County provides easy access to major roadways and a dense residential population. Annual taxes are $5 per square foot. Contact us today to discuss lease terms and explore this outstanding retail investment.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $66,600,280
    6.5%
    $61,477,180
    7%
    $57,085,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $81,864,160
    Geo Method
    $81,753,416
  • Alternative Use

    Use
    Valuation
    Residential
    $51,858,300
    Hospitality
    $47,501,924
    Educational
    $39,521,044
    Medical
    $40,880,232
    Retail
    $61,477,180

Location Insight

City
New Windsor
County
Orange
State
New York
Latitude
41.4647
Longitude
-74.0383
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
-
$142,500
$279,350
$421,850
-
$1,297,819
$2,544,181
$3,842,000

FAQs

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