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    Versatile Warehouse Space with Expansion Potential Title is generated by Realmo AI

    181 Boyd Street, Montgomery, NY 12549

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    Claim this Listing
    For Sale
    $4,500,000

    39,422 sq ft warehouse on 4.2 acres near I-87/I-84.

    Type:Commercial
    Property size:
    39,422 SF
    Lot size:
    4.20 Acres
    Price / SF:
    $114/SF
    Added:
    Mar 30, 2026
    Days on Market:
    71
    Last Refresh:
    Mar 30 at 8:06 pm

    Property Features for 181 Boyd Street

    General Information

    Standard status
    Active
    Size
    39,422 SF
    Lot size
    4.20 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1972

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    Listing Contact
    JOEL WEISER

    Listing agent JOEL WEISER

    Listing office EREALTY ADVISORS, INC

    Listing date Mar 30, 2026

    Source Corcoran

    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 EREALTY ADVISORS, INC

    HighLights

    • Strategic location with quick access to Interstate 87, Interstate I‑84, Orange County Airport, and Stewart International Airport.
    • Large 4.2‑acre lot suitable for parking, storage, and building expansion.
    • Substantial 39,422 sq. ft. building divided into 3 sections.
    • Ample loading access with 12 tailgate loading docks and 1 drive‑in door.
    • Heavy electric power (3 Phase), municipal sewer and water, and natural gas utilities.
    • Fully protected dry sprinkler system throughout the building.

    Overview

    This 39,422 square foot warehouse is divided into three sections. Section 1 offers 8,000 square feet, Section 2 provides 11,808.25 square feet, and Section 3 encompasses 19,614 square feet. Ceiling heights vary, with Sections 1 and 2 ranging from 14 to 16 feet and Section 3 ranging from 10.5 to 21 feet. The column spacing is 24 by 40 feet. Each section includes office space and bathrooms. Loading access is facilitated by 12 tailgate loading docks and one drive-in door. The property is equipped with heavy electric power (3 Phase), municipal sewer and water, and natural gas. A heating system serves the warehouse, while the offices have both air conditioning and heat. A fully protected, dry sprinkler system is in place. The property includes 4.2 acres across two parcels (3.6 and 0.60 acres). Ample outdoor space is available for parking, storage, and potential building expansion. The location provides strategic access, being a short drive from Interstate 87, Interstate I-84, Orange County Airport, and Stewart International Airport.

    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 $553.5k $14.04
    − Vacancy −$94.1k −$2.39
    EGI $459.4k $11.65
    − OpEx −$68.9k −$1.75
    NOI $390.5k $9.91
    39,422 SF · lease $14.04/SF/yr · vacancy 17.00% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $5.58M
    $4.88M – $6.51M (±1% cap)
    NOI $390,484 @ 7.0% cap · market cap 8.68%
    Second Best
    Industrial
    $4.59M
    $4.02M – $5.36M (±1% cap)
    NOI $321,575 @ 7.0% cap · market cap 7.15%
    Theoretical Best
    Office A
    $13.35M
    $11.68M – $15.58M (±1% cap)
    NOI $934,623 @ 7.0% cap · market cap 20.77%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    FlareTech Big Box & Wholesale Store Rose Dinettes Building Supply Mio Marino Warehouse & Storage

    Suggested Use

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

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

    Similar Places Nearby

    • Montgomery Self Storage — 9 Factory St 2nd Floor, Montgomery, NY 12549
    • Jaysway Storage Center — 20 Railroad Ave, Montgomery, NY 12549

    Location Insight

    • Map
    • Local Demand
    City
    Montgomery
    County
    Orange
    State
    New York
    Longitude
    -74.2348683
    Latitude
    41.5207395

    FAQs

    What type of property is this?
    Warehouse - 39,422 sq ft warehouse on 4.2 acres near I-87/I-84.
    Where is this warehouse located?
    The property is located at 181 Boyd Street Montgomery, NY.
    What is the asking price?
    The asking price for this property is $4,500,000.
    What are key features of this property?
    This property features: Strategic location with quick access to Interstate 87, Interstate I‑84, Orange County Airport, and Stewart International Airport.; Large 4.2‑acre lot suitable for parking, storage, and building expansion.; Substantial 39,422 sq. ft. building divided into 3 sections.
    More about this property
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