Mixed-Use Property with River
For Sale
$485,000
9 Thompson Street, Port Jervis, NY 12771
Commercial Sale, Port Jervis, NY
Property Size3,820 SF
Lot Size0.23 Acres
Price / SF$126.96
Days on Market185
Property Features for 9 Thompson Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street, Parking Lot
Basement
Unfinished
View
River
Elementary school
East Main Street Elementary School
Middle school
Port Jervis Middle School
High school
Port Jervis Senior High School
Elementary school district
Port Jervis
Middle school district
Port Jervis
High school district
Port Jervis
Standard status
Active
APN
331300-017-000-0009-009.000-0000
Lot size
0.23 Acres
Taxes and HOA fees
Tax Year
2023
Tax Annual Amount
12206
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Baseboard, Radiant, Natural Gas
Cooling system
Electric, Wall/Window Unit(s), ENERGY STAR Qualified Equipment, Window Unit(s)
Water source
Public
Building Details
Year built
1890
Floors in Building
2
Building materials
Block
Buildings
1
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Elena James · License #10401309680
(845) 699-0708
Added: May 6
Changed: Nov 3
Last Checked: Nov 6 at 12:06PM
MLS# 996002
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1890, this block-constructed mixed-use property occupies 0.2296 acres in Port Jervis. The building was formerly used as a school and includes a basement, with natural gas heating supported by baseboard and radiant systems. Cooling is provided through electric wall or window units, including ENERGY STAR Qualified Equipment. The property also has electricity available, public water, and public sewer.
The site faces the Delaware River and is positioned across from Riverside Creamery. Interstate 84, the NJ Transit station, and the Pennsylvania and New Jersey borders are each described as minutes away. Parking is provided in an off-street lot, supporting a range of commercial, residential, or combined occupancy concepts.
The site faces the Delaware River and is positioned across from Riverside Creamery. Interstate 84, the NJ Transit station, and the Pennsylvania and New Jersey borders are each described as minutes away. Parking is provided in an off-street lot, supporting a range of commercial, residential, or combined occupancy concepts.
Key Highlights
- 0.2296‑acre mixed‑use property in Port Jervis
- Built in 1890 with block construction
- Delaware River views and location across from Riverside Creamery
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,263
Cap Rate
6.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,260
$665.3K
Cap Rate 7%
$475,186
$475.2K
Cap Rate 9%
$369,589
$369.6K
Market Conditions
NOI Build-Up for 3,820 SF
Gross rent
$61.9K $16.20/SF
− Vacancy
−$8.7K −$2.27/SF
EGI
$53.2K $13.93/SF
− OpEx
−$20.0K −$5.22/SF
NOI
$33.3K $8.71/SF
Area
Orange County, NY
Vacancy
14.00%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$665,260
Cap Rate 7%
$475,186
Cap Rate 9%
$369,589
Alternative Uses
Best Use
Mixed Use
$475.2K
$415.8K – $554.4K
NOI $33,263 @ 7.0% cap · market cap 6.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.29M
$1.13M – $1.51M
NOI $90,565 @ 7.0% cap · market cap 18.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
832
Businesses Nearby
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
$246,100
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Orange County, NY
Properties on Market for Mixed-use properties in Orange County
Frequently Asked Questions
What type of property is this?
Mixed-use property - The building offers flexible commercial and residential use with public water, public sewer, and off-street parking.
Where is this mixed-use property located?
The property is located at 9 Thompson Street Port Jervis, NY.
What is the asking price?
The asking price for this property is $485,000.
What are key features of this property?
This property features: 0.2296‑acre mixed‑use property in Port Jervis; Built in 1890 with block construction; Delaware River views and location across from Riverside Creamery
