Property profile

25 Oakland Ave Chester, NY 10918

FOR LEASE
Manufacturing properties
Property ID
US63-2862103
6,789 SF 7.5 ac lot Built 1942
Individually Owned 2-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a 270,000-square-foot industrial building situated on a 33.40-acre lot, with the structure designed to accommodate smaller spaces in the 60,000 to 270,000-square-foot range. Warehouse clear ceiling height is 14.7 feet, with column spacing of 48 feet by 25 feet. The building includes 13,000 square feet of office space featuring private offices, open workspace, a conference room, a kitchenette, and bathrooms. Loading access consists of eight 8-foot by 10-foot tailgate docks equipped with levelers and seven drive-in doors, with the potential to add additional doors. The site provides a 2-acre fenced and paved area for parking and storage. Utilities include heavy electric power (4 x 3000 amps, 3-phase, 480-volt), natural gas, and municipal sewer and water. The warehouse area is fully sprinklered with a wet system and includes a heating system. The building had a roof replacement in March 2022 with a 20-year warranty and offers opportunities for expansion. The property is located near major highways with direct access to I-86/Route 17 (Exit 126), the NYS Thruway I-87 (Exit 16), and I-84 (Exit 19), and is approximately 20 minutes from Stewart International Airport and about 45 minutes from NYC.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1942
Total area 6,789 SF
Lot 7.5 ac (326,700 SF)
Zoning code M2
APN 332201 104-1-6
UPID US63-2862103

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

25 Oakland Ave Chester, NY 10918
Chester metro Census 14301 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.20M

Owner & transaction history

since 2023
Last sale
$4.6M
6 recorded transactions
2024
Price N/A
2024
Price N/A
2023
$4.6M
2023
Price N/A
2022
Price N/A
2022
$13.1M

Zoning & alternative use

M2 · Chester, NY

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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