29 Elizabeth Dr Chester, NY 10918
For Lease
This exceptional 401,746-square-foot industrial facility, located at 29 Elizabeth Drive in Chester, NY 10918, presents a unique investment opportunity. Situated on 35.9 acres, this single-tenant building boasts a 30-foot clear height, 52 loading docks, and 52 dock-high doors, complemented by one drive-in door. The property features ample parking with space for 194 cars and 90 trailers, ensuring efficient operations. Currently undergoing a $3 million renovation, including repaving, LED lighting upgrades, and new HVAC systems, this Class A building will offer modern amenities upon completion. The building's features include an ESFR sprinkler system, approximately 9,000 square feet of office space, and a column spacing of 55 feet (east-west) by 39 feet (north-south). The property benefits from a strategic location, just one mile from NY Route 17 Exit 126, seven miles from the NY Thruway (Interstate 87) Exit 16, and nine miles from Interstate 84 Exits 15 and 19. Its proximity to major transportation arteries provides easy access to the New Jersey state line (25 minutes to Mahwah), the George Washington Bridge (one hour), and Port Newark/Elizabeth (60 miles). The property is fully fenced and secure, with multiple points of ingress and egress. Power is supplied by a 4000-amp, 480/277-volt system, partially supplemented by rooftop solar panels. The zoning allows for office, flex, light manufacturing, warehouse, and distribution uses. The annual property taxes are $1.57 per square foot. This is a prime opportunity to acquire a state-of-the-art industrial property in a thriving Orange County location.
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Keystone Freight Trucking Company
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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
M1 · Chester, NYChester. 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.