Multi-Building Apartment Campus Fronting Route
182 Route 209 Port Jervis, NY 12771
182 Route 209, Port Jervis, NY, 12771
$1,700,000
For Sale
$1,700,000
MULTI_FAMILY - Port Jervis, NY
Property Size11,283 SF
Lot Size13.60 Acres
Price / SF$150.67
Days on Market9
Property Features for 182 Route 209
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 20
- Parking features
- Parking Lot
- Basement
- Unfinished
- Appliances
- Microwave, Oven, Refrigerator
- Standard status
- Active
- APN
- 332800-053-000-0001-008.200-0000
- Lot size
- 13.60 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Annual Amount
- 18818
Utilities
- Utilities
- Cable Available
- Sewer type
- Septic Tank
- Heating system
- Baseboard, Propane (Heating), Electric (Heating)
- Cooling system
- Central Air
- Water source
- Private, Well
- Water front features
- Beach Access, Waterfront, River Front, River Access
- Water front
- 1
Building Details
- Year built
- 1970
- Floors in Building
- 2
- Number of units
- 16
- Building materials
- Aluminum Siding, Frame, Vinyl Siding
- Additional Structures
- Gazebo
Listing Agency
KW Hudson Valley United
(845) 610-6065
9 Bert Crawford Rd, Ste 104, New City, NY
Listed by
Amanda Brehm · License #10401307868
(845) 741-5608
Added: Jul 8 Checked: Jul 16 at 8:06 pm
MLS# 1021271
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.
The property is an established multi-building apartment campus offered as one package across six separately deeded tax parcels totaling approximately 13.6 acres, with approximately 11,283 square feet of existing building area in six principal buildings. The main building at 182 Route 209 includes approximately 4,176 square feet and features 11 bedrooms and 3.5 bathrooms, along with a garage/gym area, covered and enclosed porches, and supporting storage. Additional buildings include a 4-bedroom, 2-bath residence; a 3-bedroom, 1-bath residence; a building improved with a 4-bedroom residence plus an additional 1-bedroom unit; and a separate 2,880-square-foot building. Detached and accessory improvements include a detached two-car garage, sheds, canopy structures, and paved parking areas.
The campus offers extensive frontage on US Route 209 and approximately 879 feet of combined frontage along the Neversink River. The improved parcels are served by existing private wells and septic systems, and a separate 5.5-acre vacant parcel is included with frontage on both US Route 209 and the Neversink River. The seller makes no representations regarding subdivision, redevelopment, zoning compliance, or future permitted uses.
Due diligence should include independent verification of zoning, floodplain status, environmental conditions, permits, utility capacity, and well and septic systems, along with any other municipal requirements.
The campus offers extensive frontage on US Route 209 and approximately 879 feet of combined frontage along the Neversink River. The improved parcels are served by existing private wells and septic systems, and a separate 5.5-acre vacant parcel is included with frontage on both US Route 209 and the Neversink River. The seller makes no representations regarding subdivision, redevelopment, zoning compliance, or future permitted uses.
Due diligence should include independent verification of zoning, floodplain status, environmental conditions, permits, utility capacity, and well and septic systems, along with any other municipal requirements.
Key Highlights
- Multi‑building campus on 6 separately deeded tax parcels totaling approx. 13.6 acres, offered as one package
- Approx. 11,283 SF of existing building area across six principal buildings, plus separate 5.5‑acre vacant parcel
- Main building at 182 Route 209: approx. 4,176 SF with 11 bedrooms, 3.5 bathrooms, garage/gym area, and covered/enclosed porches
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 | $170.6k | $15.12 |
| − Vacancy | −$14.0k | −$1.24 |
| EGI | $156.6k | $13.88 |
| − OpEx | −$70.5k | −$6.25 |
| NOI | $86.1k | $7.63 |
11,283 SF · lease $15.12/SF/yr · vacancy 8.20% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$1.23M
$1.08M – $1.44M
NOI $86,135 @ 7.0% cap · market cap 5.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.09M
$2.71M – $3.61M
NOI $216,634 @ 7.0% cap · market cap 12.74%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Six deeded parcels with multiple residences and extensive Route 209 frontage, supported by private wells and septic systems.
Where is this apartment building located?
The property is located at 182 Route 209 Port Jervis, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Multi‑building campus on 6 separately deeded tax parcels totaling approx. 13.6 acres, offered as one package; Approx. 11,283 SF of existing building area across six principal buildings, plus separate 5.5‑acre vacant parcel; Main building at 182 Route 209: approx. 4,176 SF with 11 bedrooms, 3.5 bathrooms, garage/gym area, and covered/enclosed porches
