Renovated Mixed-Use
New
For Sale
$2,400,000
104 North Street, Middletown, NY 10940
Commercial Sale, Middletown, NY
Property SizeContact for details
Lot Size0.17 Acres
Days on Market2
Property Features for 104 North Street
General Information
Property type
Commercial Sale
Property subtype
Other
Rooms
Basement
Parking features
Off Street
Basement
Full
Elementary school
Maple Hill Elementary School
Middle school
Monhagen Middle School
High school
Middletown High School
Elementary school district
Middletown
Middle school district
Middletown
High school district
Middletown
Standard status
Active
APN
330900-025-000-0012-007.000-0000
Lot size
0.17 Acres
Taxes and HOA fees
Tax Year
2024
Tax Annual Amount
23515
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Heat Pump (Heating), Natural Gas
Cooling system
Ductless
Water source
Public
Building Details
Year built
1900
Floors in Building
2
Number of units
11
Building materials
Brick, Frame
Listing Agency:
KW Hudson Valley United · Keller Williams Realty
(845) 610-6065
Listed By:
Jonathon Z. Lee
(917) 747-6688
Added: Aug 20
Changed: Aug 21
Last Checked: Aug 21 at 10:06AM
MLS# 1041303
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 property contains 8 apartments and 3 retail units within a brick and frame building originally constructed in 1900. A comprehensive renovation completed at the end of 2022 introduced new electrical systems, plumbing, kitchens, apartment interiors, and retail areas. The building includes sprinkler and fire alarm systems and is reported to comply with current fire codes. All units are fully rented, and the property produces a 7% cap rate.
The 0.1698-acre site is located at 104 North Street in downtown Middletown, at the intersection of North Street and Railroad Street. It is next to the bus terminal serving New York City and within walking distance of restaurants, supermarkets, shops, and City Hall. The property also has off-street parking, public water, and public sewer. A Heritage Trail extension is identified nearby as soon to be completed.
The 0.1698-acre site is located at 104 North Street in downtown Middletown, at the intersection of North Street and Railroad Street. It is next to the bus terminal serving New York City and within walking distance of restaurants, supermarkets, shops, and City Hall. The property also has off-street parking, public water, and public sewer. A Heritage Trail extension is identified nearby as soon to be completed.
Key Highlights
- 8 apartments and 3 retail units in one mixed‑use building
- Full renovation completed at the end of 2022
- All units fully rented with a 7% cap rate
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,479
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?
Mixed-use property - Fully leased downtown property combines apartment residences with street-level retail space and access to public transportation.
Where is this mixed-use property located?
The property is located at 104 North Street Middletown, NY.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: 8 apartments and 3 retail units in one mixed‑use building; Full renovation completed at the end of 2022; All units fully rented with a 7% cap rate
