182 Route 209, Port Jervis, NY, 12771 | $1,700,000

Sponsors Corner is a rare opportunity to acquire an established multi-building campus consisting of six separately deeded tax parcels totaling approximately 13. 6 acres. Offered as one package, the property includes approximately 11, 283 square feet of existing building area across six principal buildings with established private infrastructure, extensive frontage on US Route 209, and approximately 879 feet of combined frontage along the Neversink River. The main building at 182 Route 209 encompasses approximately 4, 176 square feet and offers 11 bedrooms, 3. 5 bathrooms, a garage/gym area, covered and enclosed porches, and supporting storage. Additional buildings include a 4-bedroom, 2-bath residence, a 3-bedroom, 1-bath residence, a property improved with a 4-bedroom residence plus an additional 1-bedroom unit, and a separate 2, 880-square-foot building. A detached two-car garage, sheds, canopy structures, paved parking areas, and other accessory improvements support the campus. The offering also includes a separate 5. 5-acre vacant parcel with substantial frontage on both US Route 209 and the Neversink River. Existing private wells and septic systems serve the improved parcels. This property presents an exceptional opportunity for investors, institutions, retreat operators, hospitality users, or purchasers exploring adaptive reuse opportunities, subject to municipal approvals. Because each parcel is separately deeded, buyers may also evaluate long-term ownership strategies while benefiting from existing infrastructure. Conveniently located near Interstate 84, the Port Jervis train station, and the recreational amenities of the Delaware River and Hudson Valley, Sponsors Corner combines accessibility, visibility, acreage, and river frontage into one unique offering. Seller makes no representation regarding subdivision, redevelopment, residential conversion, zoning compliance, or future permitted uses. Buyers should independently verify zoning, floodplain status, environmental conditions, permits, utility capacity, and well and septic systems during their due diligence period.

Features

  • Property Type: Multi Family
  • Construction: Aluminum Siding, Frame, Vinyl Siding
  • Utilities: Cable Available, Electricity Connected, Phone Available, Trash Collection Private
  • Parking: 20-car, Parking Lot, Private
  • Heating: Baseboard, Electric, Propane
  • Cooling: Central Air
  • Units: 16
  • Frontage: 879
  • Year Built: 1970
  • Acreage: 13.6
  • Est. Taxes: $18,818
  • Lot Desc: Level, Part Wooded, Split Possible
  • View: Open, River, Trees/Woods, Water
  • Water Front: Yes
  • Elem. School: East Main Street Elementary School
  • Middle School: Port Jervis Middle School
  • High School: Port Jervis Senior High School
  • School District: Port Jervis
  • Appliances: Microwave, Oven, Refrigerator
  • MLS#: 1021271
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/1021271/182route209_portjervis_ny?source=qrflyer
Listing information has been assembled from various sources of varying degrees of reliability. Any information critical to the buying decision should be independently verified.Listing courtesy of Keller Williams Hudson Valley   Phone: 845-610-6065

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Frank KolbSenior Vice President - Coaching & Strategic, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 81725

203.980.8025

Frank.Kolb@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
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182 Route 209, Port Jervis, NY, 12771

$1,700,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Frank Kolb

Senior Vice President - Coaching & Strategic

William Raveis Mortgage, LLC

Phone: 203.980.8025

Frank.Kolb@raveis.com

NMLS Mortgage Loan Originator ID 81725

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,360,000 $1,360,000 $1,360,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.500% 6.000% 5.875%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.165% 6.157% 6.137%
Monthly Tax Payment $1,568 $1,568 $1,568
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $7,722 $8,154 $11,385
Total Monthly Payment $9,415 $9,847 $13,078

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.