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Main Street Office Building Investment
For Sale
$799,000

410 E Main Street, Middletown, NY 10940

Centrally located, fully occupied office building with leaseback opportunity.

Property SizeContact for details
Lot Size0.26 Acres
Days on Market1220

Property Features for 410 E Main Street

General Information

Standard status Active
Lot size 0.26 Acres
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $13,773

Amenities

Central air
Central Air Cooling
Forced Air Heating
Level
Natural Gas Heating
Parking Lot

Building Details

Year Built 1912
Listing Agency: RAND COMMERCIAL
Listed By: JOHN J LAVELLE · License #10301212320
Source: Corcoran
Added: Apr 8, 2023 Changed: Aug 8 Last Checked: Aug 8 at 1:27PM

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 RAND COMMERCIAL

Investment Insights

Based on property information with market context.

This centrally located office building on the E Main St/Crystal Run corridor presents an investment opportunity via a sale-leaseback arrangement. The property is currently 100% occupied. The seller intends to continue operating their law practice in the building under a leaseback agreement. The first floor is occupied by an established law firm. The second floor is fully leased to two tenants. Tenant 1 pays $1,100 per month plus utilities and cleaning, while Tenant 2 pays $1,400 per month plus utilities and cleaning. The property benefits from a high-profile location with significant traffic. It occupies a corner lot and includes a private parking lot behind the building. The building is in very good condition with no deferred maintenance. Recent upgrades include new A/C units, a fresh paint job, and a resurfaced parking lot. A full basement is currently used for file storage.

Key Highlights

  • Sale‑Leaseback opportunity with established law firm as anchor tenant.
  • 100% Occupied with additional tenants in place.
  • High‑profile, centrally located corner lot on E Main St/Crystal Run corridor.

Property Analytics

Current Use

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

Suggested Use

Top Pick HVAC Service Parking Lot & Garage Real Estate Agency (Bike/Boat/Book/etc) Store Electrical Service Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

379
Businesses Nearby

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 Office in Northeast region

13.1% 2019
15.4% 2020
17.6% 2021
19.1% 2022
20.2% 2023
20.9% 2024
19.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Centrally located, fully occupied office building with leaseback opportunity.
Where is this office building located?
The property is located at 410 E Main Street Middletown, NY.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Sale‑Leaseback opportunity with established law firm as anchor tenant.; 100% Occupied with additional tenants in place.; High‑profile, centrally located corner lot on E Main St/Crystal Run corridor.
More about this property
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