Property
| Ownership: | For Sale |
|---|---|
| Type: | Unknown |
| Lot Size: | 4.9 Acres |
Financials
Listing Courtesy of Keller Williams Hudson Valley
Fully leased commercial investment opportunity in desirable Cornwall, NY adjacent and visible from I87 NYS Thruway.
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.
Amenities
- Accessible Approach with Ramp
- Bathrooms
- Built-in Features
- Cable Connected
- Cleared
- Electricity Connected
- High Speed Internet
- Level
- Lobby
- Phone Connected
- Ramp
- Security System
- Signage Included
- Storage
- Video Cameras

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.