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    Residential Rental Property on 36 Acres Title is generated by Realmo AI

    1 Royal Acres Drive, Middletown, NY 10940

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    For Sale
    $1,298,800

    Unique 7-building residential rental property with 36 acres of land.

    Type:Commercial
    Property size:
    2,152 SF
    Lot size:
    36.00 Acres
    Price / SF:
    $603/SF
    Added:
    Jan 15, 2026
    Days on Market:
    142
    Last Refresh:
    Apr 5 at 8:32 pm

    Property Features for 1 Royal Acres Drive

    General Information

    Standard status
    Active
    Size
    2,152 SF
    Lot size
    36.00 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1945

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    Listing Contact
    JONATHON Z. LEE

    Listing agent JONATHON Z. LEE

    Listing office KELLER WILLIAMS HUDSON VALLEY

    Listing date Jan 15, 2026

    Source Corcoran

    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 KELLER WILLIAMS HUDSON VALLEY

    HighLights

    • High income‑generating potential: $322,000 annual income with potential for significantly higher earnings through Airbnb.
    • 7‑building residential rental property on 36 acres.
    • Grandfathered residential‑commercial property.
    • Updated buildings, some still undergoing renovations.
    • Located in a desirable MiniSink School District, near shopping and highways.
    • Pond and large, old barn on the property.

    Overview

    This one-of-a-kind residential rental property features seven buildings situated on 36 acres of land. All seven buildings have been updated, with some undergoing further renovations. The property includes a main house of 2,152 square feet with at least two to three bedrooms, and a second unit of 1,772 square feet with two bedrooms. The remaining units are all one-bedroom units. Some units were previously used for Airbnb, while others are rented out as yearly rentals. The property's annual income is $322,000 based on yearly rentals. The property includes a pond and a large, old barn. The rear of the property offers land that can be utilized. The surrounding area consists of single-family residential properties. This property is grandfathered as a residential-commercial property. It is located in a quiet and desirable MiniSink School District, not far from shopping and highways. The CAP rate is around 7% with the current sales price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Suggested Use

    Real Estate Agency Auto Repair Shop Hotel & Motel Department Store HVAC Service Electrical Service Catering Service

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange
    State
    New York
    Longitude
    -74.4867
    Latitude
    41.4697

    FAQs

    What type of property is this?
    Apartment building - Unique 7-building residential rental property with 36 acres of land.
    Where is this apartment building located?
    The property is located at 1 Royal Acres Drive Middletown, NY.
    What is the asking price?
    The asking price for this property is $1,298,800.
    What are key features of this property?
    This property features: High income‑generating potential: $322,000 annual income with potential for significantly higher earnings through Airbnb.; 7‑building residential rental property on 36 acres.; Grandfathered residential‑commercial property.
    More about this property
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