Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    22 Us Highway 6, Unit R3 Port Jervis, NY 12771

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1,700 /Mo

    High-visibility retail/office space with flexible options near Interstate 84.

    Property Features for 22 Us Highway 6

    General Information

    Standard status
    Active

    Building Details

    Year built
    2010

    We can help!

    Listing Contact
    Matthew W. Gibbs
    Matthew W. Gibbs
    Source: Corcoran

    Listing Agency: Keller Williams Hudson Valley Realty & United Listing Agent: Matthew W. Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Modern Retail/Office Space Available

    This modern retail/office space is located in a neighborhood center near Interstate 84 in Port Jervis, NY. The property offers flexible spaces ranging from 600 to 18,000 square feet. Suite R3, situated on the first floor toward the right side of the building, features expansive glass windows, soaring ceilings, and an abundance of natural light. The floor load is 12. Tenant is responsible for utilities. The well-maintained center offers excellent exposure and accessibility for various commercial uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Port Jervis
    County
    Sullivan
    State
    New York
    Longitude
    -74.677586
    Latitude
    41.355332

    Nearby Similar for Lease

    • $450 /Mo
      6,273 SF

      Office Suites For Rent

      Office suites available for rent starting @ $450/month!
      15 E Main St, Port Jervis, NY 12771
      View Details
    • $1,600 /Mo
      1,999 SF

      Updated Office Space in Port

      Professional office space with recent updates, great location, easy access.
      123 Pike St, Port Jervis, NY 12771
      View Details
    • $1,100 /Mo
      6,273 SF

      Spacious Office Space For Rent

      Six-room office space with kitchen, bathroom, and storage closet.
      15 E Main St, Port Jervis, NY 12771
      View Details
    • $600 /Mo
      2,644 SF

      Port Jervis Office Suite For Rent

      Second floor office suite with utilities included, near NYC trains.
      84 Front St Unit, Port Jervis, NY 12771
      View Details
    • $400 /Mo
      2,644 SF

      Port Jervis Office Suite Available

      Second-floor office suite with utilities included, near NYC trains.
      84 Front St Unit, Port Jervis, NY 12771
      View Details
    • $400 /Mo
      2,644 SF

      Port Jervis Office Suite

      Second-floor office suite with shared amenities and utilities included.
      84 Front St Unit, Port Jervis, NY 12771
      View Details
    • $400 /Mo
      2,644 SF

      Port Jervis Office Suite

      Second-floor office suite with shared amenities and utilities included.
      84 Front St Unit, Port Jervis, NY 12771
      View Details
    • Sponsored
      Contact for pricing

      NY, Port Jervis - Pike Street

      Discover many ways to work your way in Greenwich
      123 Pike St, Port Jervis, NY 12771
      View Details
    • $1,600 /Mo
      3,920 SF

      Port Jervis Office Space Available

      Spacious office with river views, customizable layout, and ample parking.
      9 Thompson St, Port Jervis, NY 12771
      View Details
    • $1,950 /Mo

      Mixed-Use Property in Port Jervis

      Mixed-use property suitable for retail or service-based businesses.
      141 Pike St, Port Jervis, NY 12771
      View Details
    • $400 /Mo
      144 SF

      Small Office Space For Rent

      Small office space with included utilities near NYC trains.
      84 Front St, Port Jervis, NY 12771
      View Details
    • Contact for pricing
      1,046 SF

      Charming Apartment Near Downtown

      Second-floor apartment near downtown with easy access to amenities.
      40 Sussex St, Port Jervis, NY 12771
      View Details

    FAQs

    What type of property is this?
    Retail space - High-visibility retail/office space with flexible options near Interstate 84.
    Where is this retail space located?
    The property is located at 22 Us Highway 6, Unit R3 Port Jervis, NY.
    What is the lease rate?
    The lease rate is $1,700 /Mo.
    What are key features of this property?
    This property features: - Convenient location just off Interstate 84 near Port Jervis, NY.; - Flexible spaces available, ranging from 600 to 18,000 square feet.; - High-visibility center with excellent exposure and accessibility.
    (845) 610-6088
    Request Owner's contact information
    22 Us Highway 6, Unit R3 Port Jervis, NY 12771
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    22 Us Highway 6, Unit R3
    Port Jervis, NY 12771
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    22 Us Highway 6, Unit R3 Port Jervis, NY 12771
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Matthew W. Gibbs
    Matthew W. Gibbs
    (845) 610-6088
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!