West Haverstraw Warehouse with
111 E Railroad Ave West Haverstraw, NY 10993
111 E Railroad Ave, West Haverstraw, NY, 10993
$2,300,000
For Sale
$2,300,000
Warehouse with office space and convenient access in West Haverstraw.
Property Size9,525 SF
Lot Size0.79 Acres
Price / SF$241.47
Days on Market130
Property Features for 111 E Railroad Ave
General Information
- Standard status
- Active
- Size
- 9,525 SF
- Lot size
- 0.79 Acres
- Property subtype
- Industrial
Listing Agency
NOVA NORTH COMMERCIAL
(845) 535-9961
Listed by
Chaim Volvovitz · License #10401318661
(845) 535-9961
Source
Elliman
Added: Mar 10 Checked: Jul 17 at 2:53 am
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 NOVA NORTH COMMERCIAL
Investment Insights
Based on property information with market context.
Located in West Haverstraw, this property features 9,525 square feet of warehouse space complemented by a 1,725-square-foot office area. The property includes 25 designated parking spots. Warehouse access is facilitated by a 10-foot by 8-foot garage door and a 12-foot by 12-foot drive-in door. The warehouse area benefits from 12-foot ceilings, providing ample vertical clearance. The facility has been upgraded with new LED lighting to enhance visibility and energy efficiency. Zoned as Planned Light Industrial (PLI) and equipped with a high power capacity, this property is suitable for owner-users.
Key Highlights
- High power capacity suitable for industrial use.
- Zoning classified as Planned Light Industrial (PLI).
- 9,525 sq ft of warehouse space and 1,725 sq ft of office space.
Local Financial Insights For Warehouse
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 | $90.3k | $9.48 |
| − Vacancy | −$4.7k | −$0.49 |
| EGI | $85.6k | $8.99 |
| − OpEx | −$12.8k | −$1.35 |
| NOI | $72.8k | $7.64 |
9,525 SF · lease $9.48/SF/yr · vacancy 5.20% · expense 15.00%
Alternative Uses
Best Use
Office B
$3.88M
$3.40M – $4.53M
NOI $271,641 @ 7.0% cap · market cap 11.81%
Second Best
Warehouse
$1.04M
$909.5K – $1.21M
NOI $72,761 @ 7.0% cap · market cap 3.16%
Theoretical Best
Specialty Retail
$6.30M
$5.51M – $7.35M
NOI $440,841 @ 7.0% cap · market cap 19.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar Off Market Nearby
- MI-BOX — 8 Carol Ave, West Haverstraw, NY 10993
- Hudson Bay Storage — 24 Holt Dr, Stony Point, NY 10980
FAQs
What type of property is this?
Warehouse - Warehouse with office space and convenient access in West Haverstraw.
Where is this warehouse located?
The property is located at 111 E Railroad Ave West Haverstraw, NY.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: High power capacity suitable for industrial use.; Zoning classified as Planned Light Industrial (PLI).; 9,525 sq ft of warehouse space and 1,725 sq ft of office space.
