Jefferson Valley Flex
390 E Main St Jefferson Valley, NY
For Sale
Contact for pricing
2,000 SF flex space with expansion potential.
Property Size2,000 SF
Lot Size0.64 Acres
Price / SF$292.50
Days on Market892
Property Features for 390 E Main St
General Information
- Standard status
- Active
- Size
- 2,000 SF
- Lot size
- 0.64 Acres
- Property subtype
- INDUSTRIAL
Listing Agency:
T Square Properties, Inc.
(724) 991-6786
Listed By:
​Jay Hitt
Source:
Moodyscre
Added: Feb 15, 2024
Changed: Jul 6
Last Checked: Jul 21 at 4:29AM
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 T Square Properties, Inc.
Investment Insights
Based on property information with market context.
This property features 2,000 square feet of flex space. The property offers room for expansion in the rear.
Key Highlights
- 2,000 square feet of space
- Room for expansion in the rear
Financial Insights For Flex RnD
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 | $52.8k | $26.40 |
| − Vacancy | −$6.3k | −$3.17 |
| EGI | $46.5k | $23.23 |
| − OpEx | −$16.3k | −$8.13 |
| NOI | $30.2k | $15.10 |
2,000 SF · lease $26.40/SF/yr · vacancy 12.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$431.5K
$377.5K – $503.4K
NOI $30,202 @ 7.0% cap · market cap 5.16%
Second Best
Industrial
$405.6K
$354.9K – $473.3K
NOI $28,395 @ 7.0% cap · market cap 4.85%
Theoretical Best
Retail
$604.1K
$528.6K – $704.8K
NOI $42,289 @ 7.0% cap · market cap 7.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dave Goldberg Plumbing ...
HVAC Service
Disaster Restoration Inc
Construction Company
Similar Off Market Nearby
- Jackies Pasta Passion — Mall Food Truck Park, 650 Lee Blvd Jefferson Valley, Yorktown Heights, NY 10598
FAQs
What type of property is this?
Flex space - 2,000 SF flex space with expansion potential.
Where is this flex space located?
The property is located at 390 E Main St Jefferson Valley, NY.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 2,000 square feet of space; Room for expansion in the rear
