Mixed-Use Income
20 John Street Middletown, NY 10940
20 John Street, Middletown, NY, 10940
$575,000
For Sale
$575,000
MULTI_FAMILY - Middletown, NY
Property Size2,000 SF
Lot Size0.11 Acres
Price / SF$287.50
Days on Market57
Property Features for 20 John Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 3, Bedroom 1, Bathroom 3
- Parking
- 3
- Parking features
- Parking Lot, Off Street
- Standard status
- Active
- APN
- 330900.031.000-0002-005.200/0000
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8516
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Baseboard
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Frame
Listing Agency
Keller Williams Hudson Valley
(845) 610-6065
9 Bert Crawford Rd, Ste 104, New City, NY
Listed by
Jonathon Z. Lee
(917) 747-6688
Added: May 21 Checked: Jul 16 at 8:06 pm
MLS# 1003208
Listing URL
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 mixed-use income building offers a commercial first floor with a retail store, office, and storage area totaling about 2,000 square feet, along with a large multi-purpose room suited for meetings, events, or classes. The first floor includes a full bathroom, a retail front entrance, and private rear access.
The second floor features two fully rented residential apartments: a larger 2-bedroom unit and a 1-bedroom unit, each with its own kitchen, living room, and full bathroom (approximately 800 square feet per unit). A rear parking lot accommodates up to 5 vehicles.
Located in downtown Middletown, the property is described as being near City Hall, the NYC bus terminal, the public library, restaurants, and shops.
The second floor features two fully rented residential apartments: a larger 2-bedroom unit and a 1-bedroom unit, each with its own kitchen, living room, and full bathroom (approximately 800 square feet per unit). A rear parking lot accommodates up to 5 vehicles.
Located in downtown Middletown, the property is described as being near City Hall, the NYC bus terminal, the public library, restaurants, and shops.
Key Highlights
- Mixed‑use building with first‑floor commercial space plus two fully rented residential apartments on the second floor
- First floor offers approx. 2,000 SF commercial area used as retail store/office/storage with a full bathroom and private rear access
- Second floor includes one 2‑bedroom and one 1‑bedroom apartment, approx. 800 SF per unit, each with its own kitchen, living room, and full bathroom
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $58.8k | $29.40 |
| − Vacancy | −$2.0k | −$1.01 |
| EGI | $56.8k | $28.39 |
| − OpEx | −$17.0k | −$8.52 |
| NOI | $39.8k | $19.88 |
2,000 SF · lease $29.40/SF/yr · vacancy 3.42% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$567.9K
$496.9K – $662.5K
NOI $39,752 @ 7.0% cap · market cap 6.91%
Second Best
Apartment 5plus
$534.4K
$467.6K – $623.5K
NOI $37,411 @ 7.0% cap · market cap 6.51%
Theoretical Best
Office A
$677.4K
$592.7K – $790.3K
NOI $47,416 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Mixed-use building with street-level commercial space and two fully rented apartments above, plus rear parking for up to five vehicles.
Where is this mixed-use property located?
The property is located at 20 John Street Middletown, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Mixed‑use building with first‑floor commercial space plus two fully rented residential apartments on the second floor; First floor offers approx. 2,000 SF commercial area used as retail store/office/storage with a full bathroom and private rear access; Second floor includes one 2‑bedroom and one 1‑bedroom apartment, approx. 800 SF per unit, each with its own kitchen, living room, and full bathroom
