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138 Front Street, Port Jervis, NY, 12771
Two-Unit Duplex with Private Yards

138 Front Street Port Jervis, NY 12771

For Sale
$234,000
Pending

Duplex offers two separate units, each with 3 bedrooms, 1 full bath, and its own private outdoor space.

Property Size2,060 SF
Days on Market968

Property Features for 138 Front Street

General Information

Standard status
Pending
Size
2,060 SF
Property subtype
Multi Family

Building Details

Year Built
1900
Listing Agency: Royalty Realty NY LLC
Listed By: Melissa Henlon · License #10491209846
Source: Exitrealty
Added: Nov 29, 2023 Changed: Jul 21 Last Checked: Jul 24 at 8:55AM

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 Royalty Realty NY LLC


Investment Insights

Based on property information with market context.

This duplex features two distinct residential units, each offering 3 bedrooms and 1 full bathroom. Both units include an open-concept layout connecting the living and kitchen areas, with natural light contributing to a bright interior feel. The property includes a fenced-in yard, and each unit has its own private outdoor space.

Located at 138 Front Street in Port Jervis, NY, the home is described as being close to shops, schools, highway access, and public transportation.

For a buyer seeking a straightforward two-unit setup, the property’s consistent unit configuration and private outdoor spaces are practical components for daily living and tenant comfort.

Key Highlights

  • Duplex with two separate units
  • Each unit features 3 bedrooms and 1 full bathroom
  • Open‑concept living and kitchen layout in each unit

Financial Insights For Multifamily LT 5

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 $26.5k $12.84
− Vacancy −$3.0k −$1.45
EGI $23.5k $11.39
− OpEx −$7.0k −$3.42
NOI $16.4k $7.97
2,060 SF · lease $12.84/SF/yr · vacancy 11.30% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$234.6K
$205.3K – $273.7K (±1% cap)
NOI $16,423 @ 7.0% cap · market cap 7.02%
Second Best
Apartment 5plus
$224.7K
$196.6K – $262.1K (±1% cap)
NOI $15,726 @ 7.0% cap · market cap 6.72%
Theoretical Best
Office A
$565.0K
$494.4K – $659.2K (±1% cap)
NOI $39,552 @ 7.0% cap · market cap 16.90%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Parking Lot & Garage Real Estate Agency Computer & Electronic Repair Locksmith Carpet & Flooring Store Plumbing Service Acupuncture Pet Grooming Service Garden Center Furniture & Home Goods

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

FAQs

What type of property is this?
Duplex - Duplex offers two separate units, each with 3 bedrooms, 1 full bath, and its own private outdoor space.
Where is this duplex located?
The property is located at 138 Front Street Port Jervis, NY.
What is the asking price?
The asking price for this property is $234,000.
What are key features of this property?
This property features: Duplex with two separate units; Each unit features 3 bedrooms and 1 full bathroom; Open‑concept living and kitchen layout in each unit
More about this property
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