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Industrial Land with Planned Facility
For Lease
$10 SF/Yr

17-39 Midland Avenue, Middletown, NY 10940

Commercial Lease, Middletown, NY

Space Size125,800 SF
Lot Size11.20 Acres
Days on Market67

Property Features for 17-39 Midland Avenue

General Information

Property type Commercial Lease
Property subtype Other
Property condition Under Construction
Zoning I2
Parking 163
Parking features Parking Lot
Appliances Gas Water Heater
Lot features Level
Elementary school district Middletown
Middle school district Middletown
High school district Middletown
Directions Wisner Ave in the City of Middletown to Midland Avenue Extension, address 17-39.
Standard status Active
APN 330900-009-000-0001-003.100-0000
Lot size 11.20 Acres

Taxes and HOA fees

Tax Year 2023
Tax Annual Amount 45559

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air
Water source Public

Building Details

Year built 2027
Floors in Building 1
Number of units 1
Flooring type Concrete
Listing Agency: Keller Williams Hudson Valley · Keller Williams Realty
Listed By: Jason L McGovern · License #10301205773
Added: Jul 1 Changed: Aug 20 Last Checked: Sep 5 at 4:06PM
MLS# 985146

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.

Approximately 11.2 acres are available for lease within the City of Middletown’s I2 Heavy Industrial zoning district. The proposed development includes a 125,800-square-foot facility that can be configured with tenant input before construction, supporting manufacturing, warehousing, distribution, logistics, storage, and contractor operations, subject to municipal approvals.

Planned building features include 40-foot clear heights, 11 loading docks, 164 parking spaces, heavy electrical service, natural gas, municipal water and sewer, and modern heating, cooling, and lighting systems. The site adjoins an existing railroad corridor, creating the potential for a rail spur connecting with the Middletown & New Jersey Railroad, subject to engineering and railroad approvals. The property is approximately 4 miles from Interstate 84 and NYS Route 17 and 20 miles from Stewart International Airport. Anticipated occupancy is Q3-Q4 2027, subject to approvals, permitting, and construction.

Key Highlights

  • 11.2 acres available for lease at 17‑39 Midland Avenue, Middletown, NY 10940
  • Proposed 125,800‑square‑foot industrial facility with tenant input on final design
  • 40‑foot clear heights, 11 loading docks, and 164 on‑site parking spaces

Property Analytics

Current Use

Full Service Center Auto Parts Store Flexible Magnets Big Box & Wholesale Store Hassler’s Big Boys ... Renovation Specialist Michelson Studios 2 ... Film Production

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage HVAC Service Gym & Fitness Center Storage Facility (Bike/Boat/Book/etc) Store

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

Lease Details

40 ft
Clear height
11
Dock-high doors
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,046
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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - I2-zoned industrial land planned for a tenant-configured facility with heavy industrial use potential and public utilities.
Where is this industrial land located?
The property is located at 17-39 Midland Avenue Middletown, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 11.2 acres available for lease at 17‑39 Midland Avenue, Middletown, NY 10940; Proposed 125,800‑square‑foot industrial facility with tenant input on final design; 40‑foot clear heights, 11 loading docks, and 164 on‑site parking spaces
More about this property
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