Historic Mixed-Use Building with
9 Thompson Street Port Jervis, NY 12771
9 Thompson Street, Port Jervis, NY, 12771
$499,000
For Sale
$499,000
3,820 sq ft former school structure with ample off-street parking and Delaware River views.
Property Size3,920 SF
Price / SF$127.30
Days on Market88
Property Features for 9 Thompson Street
General Information
- Standard status
- Active
- Size
- 3,920 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1890
Listing agency
Keller Williams Realty
(845) 699-0708
Listed by
Elena James · License #10401309680
(845) 699-0708
Source
Xome
Added: Apr 25 Updated: Jul 20 at 11:22PM Checked: Jul 21 at 3:11AM
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 Keller Williams Realty
Investment Insights
Based on property information with market context.
This versatile mixed-use building totals 3,820 sq ft and was formerly a school, with a historic character that supports a range of commercial and residential configurations. The property offers Delaware River views and includes plenty of off-street parking, providing practical day-to-day convenience for tenants and guests.
The building is located in the heart of Port Jervis at 9 Thompson Street, directly across from Riverside Creamery. It also sits near major access points including Interstate 84, the NJ Transit station, and the PA/NJ border.
With its existing structure and flexible layout potential, the property can be considered for ownership with an option to develop, occupy, or lease out, depending on the end use and operating plan.
The building is located in the heart of Port Jervis at 9 Thompson Street, directly across from Riverside Creamery. It also sits near major access points including Interstate 84, the NJ Transit station, and the PA/NJ border.
With its existing structure and flexible layout potential, the property can be considered for ownership with an option to develop, occupy, or lease out, depending on the end use and operating plan.
Key Highlights
- 3,820 sq ft mixed‑use building, formerly a school, built in 1890
- Delaware River views and river lot view
- Off‑street parking including off‑street/lot parking
Local Financial Insights For Apartment 5plus
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 | $59.3k | $15.12 |
| − Vacancy | −$4.9k | −$1.24 |
| EGI | $54.4k | $13.88 |
| − OpEx | −$24.5k | −$6.25 |
| NOI | $29.9k | $7.63 |
3,920 SF · lease $15.12/SF/yr · vacancy 8.20% · expense 45.00%
Alternative Uses
Best Use
Office B
$786.2K
$688.0K – $917.3K
NOI $55,037 @ 7.0% cap · market cap 11.03%
Second Best
Apartment 5plus
$427.5K
$374.1K – $498.8K
NOI $29,926 @ 7.0% cap · market cap 6.00%
Theoretical Best
Office A
$1.08M
$940.8K – $1.25M
NOI $75,264 @ 7.0% cap · market cap 15.08%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 3,820 sq ft former school structure with ample off-street parking and Delaware River views.
Where is this office building located?
The property is located at 9 Thompson Street Port Jervis, NY.
What is the asking price?
The asking price for this property is $499,000.
What are key features of this property?
This property features: 3,820 sq ft mixed‑use building, formerly a school, built in 1890; Delaware River views and river lot view; Off‑street parking including off‑street/lot parking
