77,176 SF Industrial Facility in Wallkill Up for Bankruptcy Sale

NORTHBROOK, Ill., Oct. 21, 2026 /CourierPR/ -- Hilco Real Estate, LLC, a subsidiary of Hilco Global, is marketing the Chapter 11 bankruptcy sale of a 77,176± SF industrial facility located on 11.3± AC in the Town of Wallkill, Orange County, New York. The site, situated at 53 Smith Road, offers direct access to Interstate 84 and New York Route 17, providing connectivity to the broader New York City metro area. The facility has the potential to expand the existing building to approximately 120,000± SF, offering flexibility for an owner-user seeking long-term growth or an investor pursuing additional leasable space.

Originally constructed in 1986, the offering comprises a 68,928± SF one-story warehouse and manufacturing area, a 4,488± SF two-story office addition, a 2,320± SF freestanding building, and a caretaker's residence. The main warehouse features ceiling heights of 15' to 24', five dock-high loading doors, four with levelers, two drive-in doors with motorized overhead doors, and 40' x 40' column spacing. The property is equipped with a fully protected wet sprinkler system and includes 42 paved parking spaces. The facility is served by 8,000 amp three-phase electrical service, creating a heavy power capacity suitable for manufacturing and other power-intensive industrial uses.

The property is zoned ENT-L, allowing for expansion to approximately 120,000± SF, providing an owner-user room to grow in place or an investor a clear path to add leasable space. The facility's location within the Wallkill Reinvestment Corridor, a planned mixed-use redevelopment area, supports its industrial utility. The corridor's vision incorporates employment, residential, hospitality, and outdoor recreation uses, creating a more connected environment designed to support manufacturing and broader economic activity. The area is also planned to benefit from a future Metro-North connection and is located near the Galleria at Crystal Run. Interstate 84 and New York Route 17 connect the property to Interstate 87, placing it approximately 4 miles from Middletown, 19 miles from New York Stewart International Airport, 72 miles from Newark, and 74 miles from New York City.

According to Standard Brokerage Company's Hudson Valley market report, Orange and Dutchess counties continue to emerge as critical components of the Northeast logistics, distribution, and light manufacturing network, drawing users with their proximity to major population centers, interstate access, and available industrial land. The position of 53 Smith Road matters most in relation to New York City, which remains the highest-priced and most supply-constrained industrial market in the country, with five-borough asking rents averaging $22.64 per SF. Within this market, 53 Smith Road provides industrial users with the ability to access the New York metropolitan area while operating from a lower-density Hudson Valley location, with the added benefit of existing heavy-power infrastructure and room for future expansion.

Stalking horse bids are due November 13 by 3:00 p.m. (ET). For additional details, due diligence access, and terms of sale, visit the Hilco Global Real Estate Sales website or call (855) 755-2300.