Industrial Building with Overhead
31-29 Church St Port Jervis, NY 12771
31-29 Church St, Port Jervis, NY, 12771
$299,999
For Sale
$299,999
Flex industrial building includes three oversized overhead garage bays and an attached reception/gathering hall with half bath and kitchen.
Property Size2,370 SF
Price / SF$126.58
Days on Market65
Property Features for 31-29 Church St
General Information
- Standard status
- Active
- Size
- 2,370 SF
Listing agency
KW Hudson Valley United
(518) 491-2585
Listed by
Alyse Toffel · License #10401312176
(518) 491-2585
Source
Exprealty
Added: May 19 Updated: Jul 21 at 1:35PM Checked: Jul 21 at 1:35PM
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 KW Hudson Valley United
Investment Insights
Based on property information with market context.
This industrial/flex building includes three oversized overhead garage bays and expansive open interior areas designed to support a range of storage and operational uses. The bays include two approximate 9’2” openings and one approximate 10’5” opening, with durable flooring throughout the main space and substantial storage capacity. Toward the rear, a separate reception or gathering hall adds flexibility and includes a half bath and a kitchen area with a sink.
The property sits on a prominent corner lot and is served by a paved parking lot for off-street parking and straightforward access. It is located in the City of Port Jervis R-2 zoning district.
Prospective buyers should confirm intended uses and any approvals or permits with the City of Port Jervis as requirements may vary by application. The R-2 zoning district may allow or support a range of uses subject to municipal approval and zoning regulations.
The property sits on a prominent corner lot and is served by a paved parking lot for off-street parking and straightforward access. It is located in the City of Port Jervis R-2 zoning district.
Prospective buyers should confirm intended uses and any approvals or permits with the City of Port Jervis as requirements may vary by application. The R-2 zoning district may allow or support a range of uses subject to municipal approval and zoning regulations.
Key Highlights
- Approximately 2,370 SF flex industrial/commercial building on a prominent corner lot at 29 Church Street in Port Jervis.
- Three oversized overhead garage bays: two approx. 9'2" and one approx. 10'5".
- Expansive open interior with durable flooring and ample storage options for flexible use.
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 | $30.4k | $12.84 |
| − Vacancy | −$2.1k | −$0.87 |
| EGI | $28.4k | $11.97 |
| − OpEx | −$4.3k | −$1.80 |
| NOI | $24.1k | $10.17 |
2,370 SF · lease $12.84/SF/yr · vacancy 6.80% · expense 15.00%
Alternative Uses
Best Use
Office B
$475.4K
$415.9K – $554.6K
NOI $33,275 @ 7.0% cap · market cap 11.09%
Second Best
Flex RnD
$464.8K
$406.7K – $542.3K
NOI $32,535 @ 7.0% cap · market cap 10.85%
Theoretical Best
Office A
$650.1K
$568.8K – $758.4K
NOI $45,504 @ 7.0% cap · market cap 15.17%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
FAQs
What type of property is this?
Flex space - Flex industrial building includes three oversized overhead garage bays and an attached reception/gathering hall with half bath and kitchen.
Where is this flex space located?
The property is located at 31-29 Church St Port Jervis, NY.
What is the asking price?
The asking price for this property is $299,999.
What are key features of this property?
This property features: Approximately 2,370 SF flex industrial/commercial building on a prominent corner lot at 29 Church Street in Port Jervis.; Three oversized overhead garage bays: two approx. 9'2" and one approx. 10'5".; Expansive open interior with durable flooring and ample storage options for flexible use.
