Looking for serious cash flow with room to grow? This fully leased 4-unit property with additional shed rental delivers an impressive ~9.5% cap rate right out of the gate. Rarely do opportunities like this hit the market in New Windsor, where rental demand continues to climb and quality investments are hard to come by.
All tenants are month-to-month, providing immediate income with the flexibility to adjust rents or reposition the property. Utilities are covered by the landlord, keeping management straightforward while still producing steady returns.
What makes this property truly special is its upside: it’s a blank canvas with the opportunity to make improvements, increase rents, and ultimately maximize value for top dollar. With reliable rental history and strong market fundamentals, this is a proven income producer today with clear potential for tomorrow.
Located just minutes from shopping, dining, schools, and major commuter routes, 156 Temple Hill Road sits in a high-demand rental market. For investors looking for both cash flow and future appreciation, this one checks every box.
Don’t miss your chance to secure a ~9.5% cap rate with immediate returns and long-term upside.
Property to be sold as-is and occupied.
Sold for $460,000 on 11/26/25
$460,000
156 Temple Hill Road, New Windsor, NY 12553
6beds
2,870sqft
Quadruplex, Multi Family
Built in 1950
-- sqft lot
$460,400 Zestimate®
$160/sqft
$2,580 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: November 28, 2025 at 11:28am
Listed by:
Jake M. Ponessi 845-565-0004,
RE/MAX Benchmark Realty Group 845-565-0004,
Lauren C. Racanelli 845-863-7886,
RE/MAX Benchmark Realty Group
Bought with:
Phil Szumlaski, 10401328601
Keller Williams Realty
Source: OneKey® MLS,MLS#: 902861
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating
- Baseboard, Oil
Cooling
- Wall/Window Unit(s)
Features
- Eat-in Kitchen
- Flooring: Hardwood
- Basement: Walk-Out Access
- Attic: Finished,Walkup
Interior area
- Total structure area: 2,870
- Total interior livable area: 2,870 sqft
Property
Parking
- Total spaces: 11
Lot
- Size: 0.44 Acres
Details
- Parcel number: 3348000680000003007.1200000
- Special conditions: None
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex, Multi Family
- Attached to another structure: Yes
Materials
- Brick, Vinyl Siding
Condition
- Actual
- Year built: 1950
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: New Windsor
Other
Other facts
- Listing agreement: Exclusive Right To Sell
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Estimated market value
$460,400