Historic Mixed-Use
For Sale
$495,000
9 Thompson Street, Port Jervis, NY 12771
An 1890 structure with Delaware River views and off-street parking offers a mixed-use setting in Port Jervis.
Property Size3,920 SF
Price / SF$126.28
Days on Market170
Property Features for 9 Thompson Street
General Information
Standard status
Active
Size
3,920 SF
Property subtype
Commercial
Additional Details
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$12,206
Amenities
stunning Delaware River views
Building Details
Building Size
3,920 SF
Year Built
1890
Buildings
1
Stories
2
Listing Agency:
Keller Williams Realty
(845) 928-8000
Listed By:
Elena James · License #10401309680
(845) 699-0708
Source:
Croninreale
Added: May 8
Changed: Oct 23
Last Checked: Oct 23 at 9:50AM
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
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Investment Insights
Based on property information with market context.
Built in 1890, this mixed-use property is a former school with views of the Delaware River and off-street parking. Its historic character and potential for commercial, residential, or combined occupancy support a range of configurations.
The building is directly across from Riverside Creamery and minutes from Interstate 84, the NJ Transit station, and the Pennsylvania and New Jersey borders.
The building is directly across from Riverside Creamery and minutes from Interstate 84, the NJ Transit station, and the Pennsylvania and New Jersey borders.
Key Highlights
- Built in 1890; formerly used as a school
- Delaware River views
- Off‑street parking
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,133
Cap Rate
6.90%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$682,660
$682.7K
Cap Rate 7%
$487,614
$487.6K
Cap Rate 9%
$379,256
$379.3K
Market Conditions
NOI Build-Up for 3,920 SF
Gross rent
$63.5K $16.20/SF
− Vacancy
−$8.9K −$2.27/SF
EGI
$54.6K $13.93/SF
− OpEx
−$20.5K −$5.22/SF
NOI
$34.1K $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%
$682,660
Cap Rate 7%
$487,614
Cap Rate 9%
$379,256
Alternative Uses
Best Use
Mixed Use
$487.6K
$426.7K – $568.9K
NOI $34,133 @ 7.0% cap · market cap 6.90%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.33M
$1.16M – $1.55M
NOI $92,936 @ 7.0% cap · market cap 18.77%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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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
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Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions
What type of property is this?
Mixed-use property - An 1890 structure with Delaware River views and off-street parking offers a mixed-use setting in Port Jervis.
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 $495,000.
What are key features of this property?
This property features: Built in 1890; formerly used as a school; Delaware River views; Off‑street parking
