Remodeled Multi-Level Flex
For Lease
$10 SF/Yr
1-17 Midland Ave, Middletown, NY 10940
Industrial I-2 property with office, open-floor, storage, loading, and adaptable parking areas.
Space Size11,441 SF
Days on Market12
Property Features for 1-17 Midland Ave
General Information
Standard status
Active
Size
11,441 SF
Net Rentable
11,441 SF
Zoning
Industrial I-2
Space & Availability
Available Space
11,441 SF
Contiguous Space
11,441 SF
Divisible
Yes
Space Use
Industrial
Available From
2026-10-01
Additional Details
Office Build-Out
2,495 SF
Taxes and HOA fees
Annual Taxes
$45,560
Building Details
Buildings
1
Stories
3
Building Size
11,441 SF
Listing Agency:
KW Hudson Valley United
(914) 760-7331
Listed By:
Jason L McGovern · License #10301205773
(914) 760-7331
Source:
Exprealty
Added: Aug 19
Changed: Aug 29
Last Checked: Aug 29 at 5:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Hudson Valley United
Investment Insights
Based on property information with market context.
This multi-level flex facility contains approximately 11,441 SF across three floors. The upper level provides 2,495 SF of office space with central air, while the 5,885 SF main floor is designed with floor-to-ceiling windows. A 3,061 SF basement offers storage with both interior and exterior access. The building is undergoing a full remodel with updated interior and exterior paint, replacement windows, new entrance doors, five new bathrooms, and heating throughout.
Two overhead/tailgate doors support receiving and service functions. The parking lot will be configured around the tenant’s requirements, and the facility is scheduled for occupancy on October 1, 2026. Zoned Industrial I-2, the property can accommodate office, showroom, contractor, distribution, fitness, studio, indoor recreation, light industrial, e-commerce, and storage uses, subject to municipal approval. Ownership will consider dividing the facility.
Two overhead/tailgate doors support receiving and service functions. The parking lot will be configured around the tenant’s requirements, and the facility is scheduled for occupancy on October 1, 2026. Zoned Industrial I-2, the property can accommodate office, showroom, contractor, distribution, fitness, studio, indoor recreation, light industrial, e-commerce, and storage uses, subject to municipal approval. Ownership will consider dividing the facility.
Key Highlights
- Approximately 11,441 SF across three levels
- 2,495 SF upper‑floor office area with central air
- 5,885 SF open main floor with floor‑to‑ceiling windows
Property Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,046
Businesses Nearby
Under-served
Demand for This Use
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
Lease Benchmarks for Middletown, NY
$14 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
5,814 SF
Avg Space Size
This space is priced 29% below the average of $14 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Industrial I-2 property with office, open-floor, storage, loading, and adaptable parking areas.
Where is this flex space located?
The property is located at 1-17 Midland Ave Middletown, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: Approximately 11,441 SF across three levels; 2,495 SF upper‑floor office area with central air; 5,885 SF open main floor with floor‑to‑ceiling windows
