Retail
For Sale
Contact for pricing
425 Rte 211 E, Middletown, NY 10940
Retail space in Middletown, within Orange County’s Hudson Valley region.
Property Size4,800 SF
Price / SF$354.17
Days on Market940
Property Features for 425 Rte 211 E
General Information
Standard status
Active
Size
4,800 SF
Property subtype
RETAIL
Additional Details
Highway Access
Yes
Listing Agency:
CR Properties
(626) 622-4253
Listed By:
Thomas Cervone · License #49CE0922865
(845) 485-3100
Source:
Moodyscre
Added: Mar 21, 2024
Changed: Oct 7
Last Checked: Oct 15 at 2:31AM
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 CR Properties
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Investment Insights
Based on property information with market context.
This 4,800-square-foot retail space is located at 425 Rte 211 E in Middletown, New York. The property is situated within a city known for a mix of local businesses, including restaurants, shops, and art galleries.
Middletown is in Orange County’s Hudson Valley region and offers access to NYS 17K, Interstate 84, Exit 19 leading to Interstate 87, and Exit 36. The surrounding community also includes theaters, galleries, music venues, and downtown cultural activities.
Middletown is in Orange County’s Hudson Valley region and offers access to NYS 17K, Interstate 84, Exit 19 leading to Interstate 87, and Exit 36. The surrounding community also includes theaters, galleries, music venues, and downtown cultural activities.
Key Highlights
- 4,800 square feet of retail space
- Located at 425 Rte 211 E, Middletown, NY 10940
- Middletown location in Orange County’s Hudson Valley region
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$58,424
Cap Rate
3.44%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,480
$1.2M
Cap Rate 7%
$834,629
$834.6K
Cap Rate 9%
$649,156
$649.2K
Market Conditions
NOI Build-Up for 4,800 SF
Gross rent
$86.4K $18.00/SF
− Vacancy
−$2.9K −$0.61/SF
EGI
$83.5K $17.39/SF
− OpEx
−$25.0K −$5.22/SF
NOI
$58.4K $12.17/SF
Area
Orange County, NY
Vacancy
3.40%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,168,480
Cap Rate 7%
$834,629
Cap Rate 9%
$649,156
Alternative Uses
Best Use
Retail
$834.6K
$730.3K – $973.7K
NOI $58,424 @ 7.0% cap · market cap 3.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,799 @ 7.0% cap · market cap 6.69%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
103
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in Middletown, within Orange County’s Hudson Valley region.
Where is this retail space located?
The property is located at 425 Rte 211 E Middletown, NY.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: 4,800 square feet of retail space; Located at 425 Rte 211 E, Middletown, NY 10940; Middletown location in Orange County’s Hudson Valley region
