29 Elizabeth DrChester, NY 10918

Property Details for 29 Elizabeth Dr

Year built

1998

Lot size

35.90 AC

Property size (Sq ft)

404,550 SF

Zone code

M1

Property type

Industrial properties

Property subtype

Truck terminals

APN

332201 119-1-1.12

APU

3322011191112

Description

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.

• Alternative Use

  Use

  Valuation

  Residential

  $115,029,832

  Hospitality

  $105,366,704

  Educational

  $87,663,864

  Medical

  $90,678,760

  Retail

  $136,366,000

Location Insight

City

Chester

County

Orange

State

New York

Latitude

41.3472

Longitude

-74.2901

CBSA code

39100

CBSA name

POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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