1101 River RdNew Windsor, NY 12553

Property Details for 1101 River Rd

Lot size

0.82 AC

Zone code

PI

Property type

Investment properties

Property subtype

Live-work space

APN

334800 20-4-1

APU

3348002041

Description

This exceptional retail opportunity presents a former bar and grill located at 1101 River Rd, New Windsor, NY 12553, in Orange County. The single-tenancy property offers a turnkey solution for restaurateurs seeking a well-established space in a vibrant community. Situated in the historic town of New Windsor, this location benefits from its rich history and proximity to cultural attractions like the National Purple Heart Hall of Honor and the Storm King Art Center. The property's strategic placement along River Road ensures high visibility and accessibility, attracting a steady flow of customers. New Windsor's blend of small-town charm and access to the Hudson River and numerous parks creates a desirable environment for both residents and tourists. The convenient location near Newburgh and Beacon further enhances its appeal, offering a balance between tranquility and urban amenities. This property is classified as Retail, with a subtype of Restaurant and Storefront. The property's size and specific features are not provided in the available information. Serious inquiries are encouraged to explore this promising investment opportunity in a thriving Hudson Valley community.

• CAP approach

  CAP return

  Valuation

  6%

  $6,511,212

  6.5%

  $6,010,350

  7%

  $5,581,040

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,668,914

  Geo Method

  $4,662,602

• Alternative Use

  Use

  Valuation

  Residential

  $7,452,834

  Hospitality

  $6,826,756

  Educational

  $5,679,781

  Medical

  $5,875,118

  Retail

  $8,835,215

Location Insight

City

New Windsor

County

Orange

State

New York

Latitude

41.4748

Longitude

-74.0145

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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