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Remodeled Multi-Level Flex Space
For Lease
$10 SF/Yr NNN

17-39 Midland Avenue, Middletown, NY 10940

Three-level commercial facility combining offices, open floor area, storage, and adaptable operational space.

Space Size11,441 SF
Days on Market8

Property Features for 17-39 Midland Avenue

General Information

Standard status Active
Size 11,441 SF
Net Rentable 11,441 SF
Property subtype OFC, OFC-WHSE, SCR-COM
Zoning I-2
Lease Type NNN

Space & Availability

Available Space 11,441 SF
Contiguous Space 11,441 SF
Divisible Yes
Available From 2026-10-01

Warehouse & Industrial

Office Build-Out 2,495 SF
Dock-High Doors 2

Building Details

Building Size 11,441 SF
Year Built 1930
Buildings 1
Stories 3
Listing Agency: Keller Williams Hudson Valley Realty & United
Listed By: Jason McGovern · License #10301205773
Source: Realnex
Added: Sep 1 Changed: Sep 8 Last Checked: Sep 8 at 2:45PM

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 Keller Williams Hudson Valley Realty & United

Investment Insights

Based on property information with market context.

This approximately 11,441-square-foot flex facility spans three levels and is being remodeled for anticipated occupancy on October 1, 2026. The layout includes 2,495 square feet of upper-level offices with central air, a 5,885-square-foot open main floor, and 3,061 square feet of basement storage with both interior and exterior access. Planned improvements include new interior and exterior paint, windows, entrance doors, five bathrooms, heat throughout the building, and two overhead/tailgate doors. Floor-to-ceiling windows are planned for the main level.

Zoned Industrial I-2, the property offers a combination of office, showroom, studio, storage, and operational areas within one facility. A new parking lot is expected to be configured around tenant requirements. Potential applications identified for the building include contractor operations, distribution, professional offices, fitness, creative studios, indoor recreation, e-commerce, light industrial activity, and storage, with other uses subject to municipal approval. Ownership will consider dividing the building.

Key Highlights

  • Approximately 11,441 SF across three levels
  • 2,495 SF of upper‑floor offices with Central Air
  • 5,885 SF open main floor with planned floor‑to‑ceiling windows

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

2
Dock-high doors
NNN (Triple Net)
Lease Type
$1.50 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,046
Businesses Nearby
Under-served
Demand for This Use

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

Lease Benchmarks for Middletown, NY

$13.43 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
7,221 SF
Avg Space Size

This space is priced 26% below the average of $13.43 /SF/Yr.

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
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Frequently Asked Questions

What type of property is this?
Flex space - Three-level commercial facility combining offices, open floor area, storage, and adaptable operational space.
Where is this flex space 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: Approximately 11,441 SF across three levels; 2,495 SF of upper‑floor offices with Central Air; 5,885 SF open main floor with planned floor‑to‑ceiling windows
More about this property
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