669 E Main Street, Middletown, NY 10940
High-visibility commercial property with expansion potential on 2.4 acres.
- Added:
- Feb 22, 2025
- Days on Market:
- 484
- Last Refresh:
- May 19 at 9:00 pm
Property Features for 669 E Main Street
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 2.40 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1970
Listing agent Joseph Distelburger License #30DI0835053
Listing office Keller Williams Realty (845) 928-8000
Listing date Feb 22, 2025
Source Exitrealty
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty
HighLights
- High‑traffic corner lot with EXCELLENT VISIBILITY (10,350‑17,000+ cars per day).
- Large 2.4‑acre level lot with expansion potential.
- Versatile zoning allows for financial institutions, offices, retail, and other uses (with special permit: day care, gas stations, hotel).
- 4800+ SF brick building, originally built as a lending institution/office.
- Municipal water connection available.
- Survey available in documents.
Overview
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.0k | $26.88 |
| − Vacancy | −$21.9k | −$4.57 |
| EGI | $107.1k | $22.31 |
| − OpEx | −$26.8k | −$5.58 |
| NOI | $80.3k | $16.73 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.3721
- Latitude
- 41.4408