Property profile

43 Elkay Dr Chester, NY 10918

OFF-MARKET
Industrial land
Property ID
US63-4494102
2.8 ac lot
Entity Owned 5-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional industrial property, located at 43 Elkay Drive in Chester, NY, presents a rare opportunity to acquire a nearly completed, state-of-the-art warehouse within the thriving Chester Industrial Park. Boasting an impressive 31,063 square feet of space, this expansive facility sits on a generous 2.8-acre lot, providing ample room for operations and future expansion. The warehouse features impressive 32-foot ceilings, offering significant vertical storage capacity and flexibility for various industrial or commercial uses. The property is currently nearing completion, allowing a discerning buyer the unique advantage of customizing the final touches to perfectly suit their specific business requirements. This presents a significant advantage over existing, pre-configured spaces, allowing for optimal efficiency and tailored functionality. Situated in a dynamic industrial hub, this property offers excellent access to major transportation routes, ensuring seamless logistics and distribution capabilities. The combination of size, location, and customization potential makes this a truly exceptional investment opportunity in the rapidly growing Chester, NY market. Don't miss this chance to secure a brand-new, high-quality industrial space perfectly suited for a wide range of businesses.

Property profile

Verified
Property type Industrial land
Use group INDUSTRIAL - VACANT LAND
Lot 2.8 ac (121,968 SF)
Zoning code IP
APN 332289 6-1-69.4
UPID US63-4494102

Cap rate & NOI

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

Location

43 Elkay Dr Chester, NY 10918-3000
Chester metro Census 14302 POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$585k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$595k

Owner & transaction history

since 2021
Last sale
$600,000
6 recorded transactions
2023
Price N/A
2021
$600,000
2018
$200,000
2012
Price N/A
2005
Price N/A
2001
$40,000

Zoning & alternative use

IP · 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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