141 Pike St, Port Jervis, NY 12771-1807
This mixed-use building at 141 Pike Street in Port Jervis, New York, presents a compelling investment opportunity. The 3,371 square foot property, built in 1920, is a two-story, freestanding structure situated on a 0.09-acre lot in the CBD zoning district. Currently configured as a medical office on the first floor and a three-bedroom residential unit on the second, it offers significant flexibility. The first floor, previously owner-occupied, will be delivered vacant at closing, providing immediate adaptability for a new owner-user or investor. The second floor residential unit, previously used for short-term rentals, adds to the property's income potential. The building's location in downtown Port Jervis, near the Metro North Train Station, provides convenient access to transportation and benefits from the area's growing arts and culinary scene. With two units and a total of three bedrooms, this property offers a unique blend of commercial and residential space, ideal for a variety of uses. The asking price is $275,000, translating to $81.58 per square foot. This represents a strong value proposition in a vibrant and developing community. The property is zoned for mixed-use, allowing for a wide range of potential business ventures. This is a rare opportunity to acquire a versatile, well-located property in a thriving market.
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Sujatha H Desilva PC Dental Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2021Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CBD · Port Jervis, NYPort Jervis. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.