188 S Main St Ellenville, NY 12428
2.6-acre commercial site with income and redevelopment potential.
- Added:
- May 9, 2026
- Days on Market:
- 65
- Last Refresh:
- May 9 at 3:01 am
Property Features for 188 S Main St
General Information
- Standard status
- Active
- Size
- 6,000 SF
- Lot size
- 2.60 Acres
- Property subtype
- Commercial
Listing office CENTURY 21 STOECKELER R.E. (845) 706-4334
Listing date May 9, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- Prime commercial location at the southern gateway to Ellenville with high visibility and strong northbound traffic flow.
- 2.6 acre site with extensive frontage on US Route 209 and Country Club Road, featuring multiple access points.
- Zoned B3, supporting a wide range of commercial uses (retail, restaurant, offices, etc.).
Local Financial Insights For Retail
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 | $108.0k | $18.00 |
| − Vacancy | −$5.9k | −$0.99 |
| EGI | $102.1k | $17.01 |
| − OpEx | −$30.6k | −$5.10 |
| NOI | $71.4k | $11.91 |