Office Building on Large
39 Bloomingburg Rd Middletown, NY 10940
39 Bloomingburg Rd, Middletown, NY, 10940
$700,000
For Sale
$700,000
3600 sqft office building on 3-acre lot for sale.
Property Size3,600 SF
Lot Size3.00 Acres
Price / SF$194.44
Days on Market100
Property Features for 39 Bloomingburg Rd
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Lot size
- 3.00 Acres
- Property subtype
- Commercial
Listing Agency
RAND COMMERCIAL
(845) 744-2095
Listed by
John J Lavelle · License #10301212320
(845) 744-2095
Source
Elliman
Added: Apr 9 Checked: Jul 17 at 4:36 am
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.
The property is a one-story office building with approximately 3600 square feet of space, situated on a 3-acre lot. It features level, paved parking and is equipped with restrooms, a kitchenette, and an alarm system. The current layout is ideally suited for professional office use. The property is currently used for dormitory housing, which is an approved use by the town for up to 16 individuals. It has an onsite well and septic system. The property is located in Middletown, NY.
Key Highlights
- 3600 sqft office building suitable for professional office use.
- Benefit from level paved parking on a generous 3‑acre lot.
- Approved for dormitory housing for up to 16 individuals.
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 | $96.8k | $26.88 |
| − Vacancy | −$16.5k | −$4.57 |
| EGI | $80.3k | $22.31 |
| − OpEx | −$20.1k | −$5.58 |
| NOI | $60.2k | $16.73 |
3,600 SF · lease $26.88/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$860.5K
$753.0K – $1.00M
NOI $60,238 @ 7.0% cap · market cap 8.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,349 @ 7.0% cap · market cap 12.19%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Office building - 3600 sqft office building on 3-acre lot for sale.
Where is this office building located?
The property is located at 39 Bloomingburg Rd Middletown, NY.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: 3600 sqft office building suitable for professional office use.; Benefit from level paved parking on a generous 3‑acre lot.; Approved for dormitory housing for up to 16 individuals.
