Remodeled Flex Space with
New
For Lease
$10 SF/Yr
17 Midland Avenue #1, Middletown, NY 10940
Three-level industrial-zoned facility combines offices, open workspace, storage, and loading access.
Space Size11,441 SF
Days on Market4
Property Features for 17 Midland Avenue #1
General Information
Standard status
Active
Size
11,441 SF
Net Rentable
11,441 SF
Property subtype
Commercial
Zoning
I-2
Space & Availability
Available Space
11,441 SF
Contiguous Space
11,441 SF
Divisible
Yes
Space Use
Industrial
Available From
2026-10-01
Additional Details
Office Build-Out
2,495 SF
Taxes and HOA fees
Annual Taxes
$45,560
Amenities
Forced Air Heating
Level
Natural Gas Heating
Parking Lot
Private
Building Details
Year Built
1930
Buildings
1
Stories
3
Building Size
11,441 SF
Listing Agency:
KW HUDSON VALLEY UNTIED
(845) 610-6065
Listed By:
JASON L MCGOVERN · License #10301205773
Source:
Corcoran
Added: Aug 20
Changed: Aug 23
Last Checked: Aug 23 at 5:43AM
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 KW HUDSON VALLEY UNTIED
Investment Insights
Based on property information with market context.
This 11,441 SF flex space is arranged across three levels and is undergoing a complete remodel. The upper floor contains 2,495 SF of office area with central air, while the 5,885 SF main level provides open workspace and the 3,061 SF basement offers storage with both interior and exterior access. Improvements include updated interior and exterior paint, replacement windows, entrance doors, five new bathrooms, two overhead/tailgate doors, and heating throughout the building. Floor-to-ceiling windows are planned for the main level.
Zoned Industrial I-2, the property is offered as one facility, with ownership open to evaluating a division. A new parking lot will be configured around tenant requirements. Anticipated occupancy is October 1, 2026, and additional uses require municipal approval.
Zoned Industrial I-2, the property is offered as one facility, with ownership open to evaluating a division. A new parking lot will be configured around tenant requirements. Anticipated occupancy is October 1, 2026, and additional uses require municipal approval.
Key Highlights
- 11,441 SF building spanning three levels
- 2,495 SF upper‑floor office area with central air
- 5,885 SF open main floor plus 3,061 SF basement/storage area
Property Analytics
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
$16 /SF/Yr
Avg Asking Price
$12–$20 /SF/Yr
Price Range
3,000 SF
Avg Space Size
This space is priced 38% below the average of $16 /SF/Yr.
Vacancy Rate% for Office in Northeast region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Flex space - Three-level industrial-zoned facility combines offices, open workspace, storage, and loading access.
Where is this flex space located?
The property is located at 17 Midland Avenue #1 Middletown, NY.
What is the lease rate?
The lease rate is $10 SF/Yr.
What are key features of this property?
This property features: 11,441 SF building spanning three levels; 2,495 SF upper‑floor office area with central air; 5,885 SF open main floor plus 3,061 SF basement/storage area
