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    410 Main St Middletown, NY 10940

    For Sale
    Contact for pricing

    High-profile office building, 100% occupied, excellent investment.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional investment opportunity presents a 100% occupied office building ideally situated on the high-traffic E Main St/Crystal Run corridor in Middletown, NY. The property, encompassing a 0.26-acre corner lot, boasts a prime location with a private parking lot situated behind the building. Currently configured as a sale-leaseback, the seller, an established law firm occupying the first floor, intends to remain a tenant. The second floor is fully leased to two new tenants. Tenant 1 contributes $1,100 per month, and Tenant 2 pays $1,400 per month, both responsible for their respective utilities and cleaning. The building is in excellent condition, reflecting recent upgrades including brand new air conditioning units, a fresh coat of paint, and a newly resurfaced parking lot. There is no deferred maintenance. A full basement provides ample storage, currently used for file storage. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property with strong, existing rental income and a long-term tenant in place. The property's location and condition make it an attractive investment for discerning buyers. The asking price is $1,400,000.

    Property Features for 410 Main St

    General Information

    Property type
    Office Properties & Spaces
    Lot Size
    11,326 SF

    Building Details

    Year Built
    1912
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Ouimette Goldstein & Andrews: ... Attorney Adams Edie A Attorney Ronald S Kossar ... Attorney Panchyshyn Eva M Attorney Ouimette Goldstein & Andrews: ... Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Middletown
    County
    Orange County
    State
    New York
    Longitude
    -74.39429
    Latitude
    41.4443

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    FAQs

    What type of property is this?
    Office Property / Space - High-profile office building, 100% occupied, excellent investment.
    Where is this office property / space located?
    The property is located at 410 Main St Middletown, NY.
    What is the asking price?
    The asking price for this property is $14.
    (845) 744-2095
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    410 Main St Middletown, NY 10940
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    Middletown, NY 10940
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    410 Main St Middletown, NY 10940
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