Property profile

51 Rte 9w West Haverstraw, NY 10993

OFF-MARKET
Distribution centers
Property ID
US63-1701626
14,400 SF 4.6 ac lot Built 1961
Entity Owned 5-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 4.34-acre development site in West Haverstraw, NY, offers 81,500 square feet of space, including a 59,410-square-foot warehouse with mezzanine and a 14,000-square-foot building renovated in 2020. Currently vacant, this property presents a unique investment opportunity, ideally suited for self-storage, medical office, or warehouse use. The site boasts 295 feet of frontage on Route 9W, providing excellent visibility and accessibility. Conveniently located near major roadways including Route 303, Route 202, and the New York State Thruway, this property benefits from high traffic volume (12,800+ vehicles daily) and a densely populated market. The property includes 48 parking spaces and is fully approved for development. Built in 1961, the existing structures offer a solid foundation for immediate occupancy or redevelopment. The asking price is $7,000,000. This prime location and versatile space make this an attractive proposition for discerning investors seeking a high-return opportunity in a thriving market. The property's zoning allows for a variety of uses, making it a flexible and valuable asset. The combination of existing buildings and ample land provides significant potential for expansion and customization.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 1961
Total area 14,400 SF
Lot 4.6 ac (200,376 SF)
Zoning code 361
APN 392203 26.07-3-1
UPID US63-1701626

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Physician
  • Physician
  • Physician
  • Physician
  • Auto Repair Shop

Location

51 Rte 9w West Haverstraw, NY 10993-1054
West Haverstraw metro Census 10602 NEW YORK-NORTHERN NEW JERSEY-LONG ISLAND, NY-NJ-PA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.40M
Comparable Approach Comparable
$2.56M
Blend (final) Blend
$3.14M

Owner & transaction history

since 2021
Last sale
$3.3M
7 recorded transactions
2025
Price N/A
2021
$3.3M
2017
$1.1M
1969
Price N/A
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

361 · West Haverstraw, 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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