This exceptional self-storage facility in Port Jervis, NY, presents a compelling value-add investment opportunity. Currently boasting 80 units with 98% occupancy, generating a $73,710 NOI and a pro-forma NOI of $102,210, the property sits on a 2.2-acre lot (APN: 331300-011-000-0004-003.220-0000) at 107, 108, and 109 W Main St, conveniently located near Routes 42, 6, 209, and Route 84, two minutes from Rt. 84. The property includes six buildings, totaling approximately 19,000-21,000 square feet, with 8,336 net rentable square feet. Built in 1936 and renovated in 2007, the property is zoned for industrial use and features three stories. An additional 20 units (8x12) are to be delivered soon, increasing the unit count to 100 upon purchase. Importantly, approved plans exist for a significant expansion adding 70 units (approximately 5,000 sq ft) across three new buildings (one 10x50ft, one 10x150ft, and one 20x150ft building). This expansion alone has the potential to nearly double the annual gross income. The existing 12,000 sq ft main building offers potential for conversion to indoor self-storage or warehouse space. The 8,800 sq ft surface parking lot at 108 W Main St presents an opportunity for RV/boat storage, catering to the nearby Delaware River and Delaware Water Gap Recreation Area. The 3-5 mile radius demonstrates significant undersupply in the market, creating a strong foundation for rental rate increases. All development potential should be verified with the local municipality.
Property Features for 109 Main St
General Information
Property type
Self storage facilities
Square Feet
19,000 SF
Class
C
Lot Size
95,832 SF
Building Details
Year Built/Renovated
1936/2007
Buildings
6
Stories
3
Units
80
HighLights
Self‑storage facility with 80 units (98% occupancy), generating $73,710 NOI and a pro‑forma NOI of $102,210.
Upon purchase, 20 additional units will be delivered, increasing the total to 100 units. Approved plans for a 70‑unit expansion (approx. 5,000 sq ft) are in place, potentially doubling annual gross income.
Significant market undersupply within a 3‑5 mile radius supports rental rate increases. The property includes six buildings totaling approximately 19,000‑21,000 square feet, with 8,336 net rentable square feet, situated on a 2.2‑acre lot (APN: 331300‑011‑000‑0004‑003.220‑0000) at 107, 108, and 109 W Main St, Port Jervis, NY. The property is conveniently located near Routes 42, 6, 209, and Route 84.
The existing 12,000 sq ft main building offers potential for conversion to additional self‑storage or warehouse space. An 8,800 sq ft surface parking lot provides an opportunity for RV/boat storage.
The property is located at 109 Main St Port Jervis, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: Self-storage facility with 80 units (98% occupancy), generating $73,710 NOI and a pro-forma NOI of $102,210.; Upon purchase, 20 additional units will be delivered, increasing the total to 100 units. Approved plans for a 70-unit expansion (approx. 5,000 sq ft) are in place, potentially doubling annual gross income.; Significant market undersupply within a 3-5 mile radius supports rental rate increases. The property includes six buildings totaling approximately 19,000-21,000 square feet, with 8,336 net rentable square feet, situated on a 2.2-acre lot (APN: 331300-011-000-0004-003.220-0000) at 107, 108, and 109 W Main St, Port Jervis, NY. The property is conveniently located near Routes 42, 6, 209, and Route 84.
Request Owner's contact information
109 Main St Port Jervis, NY 12771
Message sent successfully
Error
If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
109 Main St Port Jervis, NY 12771
Message sent successfully
Error
Email to Your Friends
Message sent successfully
Error
Realmo Value Estimation
Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods.
Disclaimer
These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.
AI approach
Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.
Cap approach
Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.
Comparable approach
Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.
Relative
Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.
Geo
Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels
across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.
Alternative use
Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.
More about this property
109 Main St Port Jervis, NY 12771
More about this listing
109 Main St, Port Jervis, NY
Kyle Reighard
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request price
109 Main St, Port Jervis, NY
Kyle Reighard
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Property Records & Analytics
109 Main St, Port Jervis, NY
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Request Owner's contact information
109 Main St, Port Jervis, NY
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Current Estimation by Request
109 Main St, Port Jervis, NY
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Send Message
to 109 Main St Port Jervis, NY 12771
109 Main St, Port Jervis, NY
Kyle Reighard
Contact Person
Your message was sent
Please view email to read information.
Check the junk/spam folder if no email is in the inbox.
Error
Your message wasn't sent. Try again
Google sign-in failed. Please try again or use another login method.