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    Jefferson Valley Flex Space Title is generated by Realmo AI

    390 E Main St, Jefferson Valley, NY

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    2,000 SF flex space with expansion potential.

    Type:INDUSTRIAL
    Property size:
    2,000 SF
    Lot size:
    0.64 Acres
    Price / SF:
    $292/SF
    Added:
    Feb 15, 2024
    Days on Market:
    847
    Last Refresh:
    May 20 at 8:23 pm

    Property Features for 390 E Main St

    General Information

    Standard status
    Active
    Size
    2,000 SF
    Lot size
    0.64 Acres
    Property subtype
    INDUSTRIAL

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    Listing Contact
    ​Jay Hitt

    Listing agent ​Jay Hitt

    Listing office T Square Properties, Inc.

    Listing date Feb 15, 2024

    Source Moodyscre

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

    All listing content including descriptions, pricing, images are the copyrighted material of T Square Properties, Inc.

    HighLights

    • 2,000 square feet of space
    • Room for expansion in the rear

    Overview

    This property features 2,000 square feet of flex space. The property offers room for expansion in the rear.

    Local Financial Insights For Flex RnD

    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 $52.8k $26.40
    − Vacancy −$6.3k −$3.17
    EGI $46.5k $23.23
    − OpEx −$16.3k −$8.13
    NOI $30.2k $15.10
    2,000 SF · lease $26.40/SF/yr · vacancy 12.00% · expense 35.00%

    Alternative Uses

    Best Use
    Flex RnD
    $431.5K
    $377.5K – $503.4K (±1% cap)
    NOI $30,202 @ 7.0% cap · market cap 5.16%
    Second Best
    Industrial
    $405.6K
    $354.9K – $473.3K (±1% cap)
    NOI $28,395 @ 7.0% cap · market cap 4.85%
    Theoretical Best
    Retail
    $604.1K
    $528.6K – $704.8K (±1% cap)
    NOI $42,289 @ 7.0% cap · market cap 7.23%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dave Goldberg Plumbing ... HVAC Service Disaster Restoration Inc Construction Company

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Pharmacy

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

    Similar Places Nearby

    • Jackies Pasta Passion — Mall Food Truck Park, 650 Lee Blvd Jefferson Valley, Yorktown Heights, NY 10598

    Location Insight

    • Map
    • Local Demand
    City
    Jefferson Valley
    County
    Westchester
    State
    New York
    Longitude
    -73.7981
    Latitude
    41.3363

    FAQs

    What type of property is this?
    Flex space - 2,000 SF flex space with expansion potential.
    Where is this flex space located?
    The property is located at 390 E Main St Jefferson Valley, NY.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: 2,000 square feet of space; Room for expansion in the rear
    (914) 328-7511 Call to check price and availability
    More about this property
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