Remodeled Multi-Level Flex
For Lease
$10 SF/Yr
17 Midland Avenue, Middletown, NY 10940
Commercial Lease, Middletown, NY
Space Size11,441 SF
Lot Size11.20 Acres
Days on Market25
Property Features for 17 Midland Avenue
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
I-2
Rooms
Basement
Parking
20
Parking features
Parking Lot
Basement
Walk-Out Access, Finished, Storage Space
Subdivision
Midland Ave Ext.
Lot features
Level
Elementary school district
Middletown
Middle school district
Middletown
High school district
Middletown
Directions
Take Route 211 to Wisner Ave. then make Right turn onto Midland Ave. Ext prior to Railroad Tracks. Building #1
Standard status
Active
APN
330900.009.000-0001-003.100/0000
Lot size
11.20 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
45560
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Natural Gas, Forced Air
Water source
Public
Amenities
Central Air
floor-to-ceiling windows
New parking lot
new bathrooms
Building Details
Year built
1930
Floors in Building
2
Number of units
3
Flooring type
Concrete, Tile
Building materials
Block, Brick
Listing Agency:
KW Hudson Valley United · Keller Williams Realty
(845) 610-6065
Listed By:
Jason L McGovern · License #10301205773
(914) 760-7331
Added: Aug 5
Changed: Aug 20
Last Checked: Aug 29 at 11:06AM
MLS# 1036177
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.
Located at 17 Midland Avenue in Middletown, this approximately 11,441 SF flex property is undergoing a full remodel. The three-level layout includes 2,495 SF of upper-level office space with central air, a 5,885 SF open main floor, and 3,061 SF of basement storage with both interior and exterior access. Planned improvements include updated interior and exterior paint, windows, entrance doors, five bathrooms, two overhead or tailgate doors, and heating throughout the building. Floor-to-ceiling windows are planned for the main level.
The property carries Industrial I-2 zoning and is expected to be ready for occupancy October 1, 2026. A new parking lot will be configured around tenant requirements. The facility is offered as one property, with ownership also considering a division. Potential applications identified for the building include office use, contractor operations, showroom space, distribution, fitness, creative studios, indoor recreation, light industrial activity, e-commerce, and storage, subject to municipal approval where required.
The property carries Industrial I-2 zoning and is expected to be ready for occupancy October 1, 2026. A new parking lot will be configured around tenant requirements. The facility is offered as one property, with ownership also considering a division. Potential applications identified for the building include office use, contractor operations, showroom space, distribution, fitness, creative studios, indoor recreation, light industrial activity, e-commerce, and storage, subject to municipal approval where required.
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 plus 3,061 SF basement/storage
Property Analytics
Property Profile
Current Use
Lease Details
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
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
Market
Lease Benchmarks for Middletown, NY
$14 /SF/Yr
Avg Asking Price
$10–$20 /SF/Yr
Price Range
5,814 SF
Avg Space Size
This space is priced 29% below the average of $14 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Three-level facility combining office, open-floor, and storage areas with industrial I-2 zoning.
Where is this flex space located?
The property is located at 17 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 plus 3,061 SF basement/storage
