Turnkey 5-Unit Townhouse
100 1/2 Kingston Avenue Port Jervis, NY 12771
100 1/2 Kingston Avenue, Port Jervis, NY, 12771
$1,300,000
For Sale
$1,300,000
MULTI_FAMILY - Other - Port Jervis, NY
Property Size6,706 SF
Lot Size0.52 Acres
Price / SF$193.86
Days on Market10
Property Features for 100 1/2 Kingston Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R1
- Parking features
- Driveway, Assigned
- Fencing
- Fenced
- Appliances
- Gas Range, Refrigerator, Gas Water Heater
- Standard status
- Active
- APN
- 331300-003-000-0005-011.000-0000
- Lot size
- 0.52 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 8502
Utilities
- Utilities
- Cable Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas, Hot Water(Heating)
- Water source
- Public
Building Details
- Year built
- 1990
- Floors in Building
- 2
- Number of units
- 5
- Flooring type
- Tile, Vinyl, Laminate, Carpet
- Building materials
- Block, Vinyl Siding
- Architectural style
- Other
Listing Agency
KW Hudson Valley United
(845) 610-6065
9 Bert Crawford Rd, Ste 104, New City, NY
Listed by
Alyse Toffel · License #10401312176
(518) 491-2585
Added: Jul 7 Checked: Jul 16 at 8:06 pm
MLS# 1020785
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey 5-unit multifamily property was built in 1990 and is presented in well-maintained condition. It features five townhouse-style apartments with private entrances, each with a welcoming foyer and coat closet, plus an in-unit laundry nook with washer/dryer hookups. Units include sliding glass doors that open to private outdoor space, along with covered front porches and private fenced patios. The layout offers a mix of four 3-bedroom, 2-bath units and one accessible single-level 2-bedroom, 1.5-bath apartment. Interiors vary by unit but include a combination of carpet, vinyl, tile, or laminate flooring, with several units also having features such as pantries, ceiling fans, and approximately 9–11 foot ceilings.
The property sits on just over half an acre and is set back with a mature tree buffer. Parking is provided with dedicated spaces off a freshly paved driveway. Recent exterior capital improvements include a new roof, siding, and gutters completed within the past two years.
Currently 100% occupied with all tenants on month-to-month leases, the property offers immediate cash flow tied to a stable tenant base. Tenants pay their own gas, electric, and heat, which can help reduce owner utility expense. With a total of five units and a commuter-oriented setting, this asset may suit investors seeking a newer-construction income property with continued operational simplicity.
The property sits on just over half an acre and is set back with a mature tree buffer. Parking is provided with dedicated spaces off a freshly paved driveway. Recent exterior capital improvements include a new roof, siding, and gutters completed within the past two years.
Currently 100% occupied with all tenants on month-to-month leases, the property offers immediate cash flow tied to a stable tenant base. Tenants pay their own gas, electric, and heat, which can help reduce owner utility expense. With a total of five units and a commuter-oriented setting, this asset may suit investors seeking a newer-construction income property with continued operational simplicity.
Key Highlights
- Built in 1990 and currently 100% occupied with five townhouse‑style apartments
- Approximately 6,706 SF: four 3‑bedroom, 2‑bath units plus one accessible 2‑bedroom, 1.5‑bath single‑level unit
- Recent exterior improvements: new roof, siding, and gutters completed within the past two years
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $101.4k | $15.12 |
| − Vacancy | −$8.3k | −$1.24 |
| EGI | $93.1k | $13.88 |
| − OpEx | −$41.9k | −$6.25 |
| NOI | $51.2k | $7.63 |
6,706 SF · lease $15.12/SF/yr · vacancy 8.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$731.3K
$639.9K – $853.2K
NOI $51,194 @ 7.0% cap · market cap 3.94%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,755 @ 7.0% cap · market cap 9.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Five townhouse-style apartments with private entrances, patios, and dedicated parking on a well-maintained property near commuter rail.
Where is this apartment building located?
The property is located at 100 1/2 Kingston Avenue Port Jervis, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Built in 1990 and currently 100% occupied with five townhouse‑style apartments; Approximately 6,706 SF: four 3‑bedroom, 2‑bath units plus one accessible 2‑bedroom, 1.5‑bath single‑level unit; Recent exterior improvements: new roof, siding, and gutters completed within the past two years
