Seven-Building Multifamily
For Sale
$1,399,000
1 Royal Acres Drive, Middletown, NY 10940
Commercial Sale, Middletown, NY
Property SizeContact for details
Lot Size36.00 Acres
Days on Market92
Property Features for 1 Royal Acres Drive
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
R1
Parking features
Driveway
Elementary school
Otisville Elementary School
Middle school
Minisink Valley Middle School
High school
Minisink Valley High School
Elementary school district
Minisink Valley
Middle school district
Minisink Valley
High school district
Minisink Valley
Standard status
Active
APN
334489-007-000-0001-040.100-0000
Lot size
36.00 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
17258
Utilities
Sewer type
Septic Tank
Heating system
Propane (Heating)
Water source
Well
Water front features
Pond
Water front
1
Amenities
pond
barn
Building Details
Year built
1945
Floors in Building
2
Number of units
7
Building materials
Frame
Listing Agency:
Keller Williams Hudson Valley · Keller Williams Realty
(845) 610-6065
Listed By:
Jonathon Z. Lee
(917) 747-6688
Added: Jun 1
Changed: Aug 26
Last Checked: Aug 31 at 1:06PM
MLS# 1007597
Copyright © 2026 OneKey MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property includes 7 residential buildings across 36 acres. The improvements have been updated, with additional renovation work still underway in some areas. The main house contains 2,152 square feet and at least 2-3 bedrooms, while Unit 2 offers 1,772 square feet and 2 bedrooms. The remaining units are configured as 1-bedroom residences. A pond and large older barn are also located on the property, along with a driveway, well water, and septic service.
The property carries R1 zoning and is described as grandfathered for residential-commercial use. It was built in 1945 with frame construction and propane heating. The surrounding area is characterized by single-family residential properties, with shopping and highways located nearby. The property is within the Minisink School District.
The property carries R1 zoning and is described as grandfathered for residential-commercial use. It was built in 1945 with frame construction and propane heating. The surrounding area is characterized by single-family residential properties, with shopping and highways located nearby. The property is within the Minisink School District.
Key Highlights
- 7‑building multifamily property on 36 acres
- Main house measures 2,152 square feet with at least 2‑3 bedrooms
- Unit 2 includes 1,772 square feet and 2 bedrooms
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
5
Businesses Nearby
Explore this area
Business Placement
Demographics for 10940, NY
52,803
Population
19,930
Households
2.6
Avg Household Size
39
Median Age
24%
College-Educated
86%
High-School Grad
63.1 sq mi
ZIP Area
837
Density / Sq Mi
$87,198
Median Household Income
$46,435
Median Earnings
$1,600
Median Rent
$301,400
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Multifamily property - Updated residential rental improvements span a substantial acreage with a pond, barn, and a mix of larger and one-bedroom units.
Where is this multifamily property located?
The property is located at 1 Royal Acres Drive Middletown, NY.
What is the asking price?
The asking price for this property is $1,399,000.
What are key features of this property?
This property features: 7‑building multifamily property on 36 acres; Main house measures 2,152 square feet with at least 2‑3 bedrooms; Unit 2 includes 1,772 square feet and 2 bedrooms
