Industrial Building with Overhead
For Sale
$274,900
31-29 Church St, Port Jervis, NY 12771
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$115.99
Days on Market156
Property Features for 31-29 Church St
General Information
Standard status
Active
Size
2,370 SF
Zoning
R-2
Additional Details
Drive-In Doors
3
Listing Agency:
KW Hudson Valley United
(845) 610-6065
Listed By:
Alyse Toffel · License #10401312176
(518) 491-2585
Source:
Exprealty
Added: May 19
Changed: Oct 2
Last Checked: Oct 19 at 7:29AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,475
Cap Rate
8.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,500
$469.5K
Cap Rate 7%
$335,357
$335.4K
Cap Rate 9%
$260,833
$260.8K
Market Conditions
NOI Build-Up for 2,370 SF
Gross rent
$33.3K $14.04/SF
− Vacancy
−$5.7K −$2.39/SF
EGI
$27.6K $11.65/SF
− OpEx
−$4.1K −$1.75/SF
NOI
$23.5K $9.91/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$14.04 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$469,500
Cap Rate 7%
$335,357
Cap Rate 9%
$260,833
Alternative Uses
Best Use
Flex RnD
$394.7K
$345.4K – $460.5K
NOI $27,630 @ 7.0% cap · market cap 10.05%
Second Best
Warehouse
$335.4K
$293.4K – $391.3K
NOI $23,475 @ 7.0% cap · market cap 8.54%
Theoretical Best
Office A
$802.7K
$702.4K – $936.5K
NOI $56,188 @ 7.0% cap · market cap 20.44%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
3
Drive-in doors
Location Intelligence
Trade Area within ½ mile
927
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 12771, NY
14,423
Population
6,163
Households
2.3
Avg Household Size
41
Median Age
21%
College-Educated
91%
High-School Grad
34.6 sq mi
ZIP Area
417
Density / Sq Mi
$67,926
Median Household Income
$38,539
Median Earnings
$1,310
Median Rent
$246,100
Median Home Value
Market
Vacancy Rate% for Industrial in Northeast region
Frequently Asked Questions
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 $274,900.
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.
