Middletown Warehouse with
18-20 Stanton St Middletown, NY 10940
18-20 Stanton St, Middletown, NY, 10940
Contact for pricing
For Sale
Contact for pricing
Industrial warehouse with parking and office in Middletown, NY.
Property Size4,800 SF
Lot Size1.20 Acres
Price / SF$229.17
Days on Market922
Property Features for 18-20 Stanton St
General Information
- Standard status
- Active
- Size
- 4,800 SF
- Lot size
- 1.20 Acres
- Property subtype
- Industrial
Listing Agency
KW Commercial - First in New York
(845) 344-7170
Listed by
Joseph Distelburger · License #NY 30DI0835053
Source
Crexi
Added: Jan 9, 2024 Checked: Jul 17 at 3:07 am
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 Commercial - First in New York
Investment Insights
Based on property information with market context.
Located in an industrial zone in the City of Middletown, this property features a warehouse building on 1.2 level acres. The warehouse offers 3,600 square feet of clear span space with a 16-foot ceiling height, poured concrete block walls, concrete floors, and a newer roof. A level parking lot provides space for approximately 60 vehicles. Additionally, there is a small house/office on the property, reported to be in good condition. The property consists of two parcels: 45-4-17, which is 0.55 acres, and 45-4-18.1, which is 0.65 acres.
Key Highlights
- Located in an industrial zone within the City of Middletown.
- 3,600 sq ft clear span warehouse with 16 ft ceiling height.
- 1.2 level acres in an industrial area.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $129.0k | $26.88 |
| − Vacancy | −$21.9k | −$4.57 |
| EGI | $107.1k | $22.31 |
| − OpEx | −$26.8k | −$5.58 |
| NOI | $80.3k | $16.73 |
4,800 SF · lease $26.88/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.15M
$1.00M – $1.34M
NOI $80,317 @ 7.0% cap · market cap 7.30%
Second Best
Warehouse
$679.2K
$594.3K – $792.4K
NOI $47,545 @ 7.0% cap · market cap 4.32%
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,799 @ 7.0% cap · market cap 10.35%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
Similar Off Market Nearby
- CubeSmart Self Storage — 94 Dolson Ave, Middletown, NY 10940
- Advantage Self Storage - Middletown — 94 dolson ave, middletown, ny 10940
- Sprague Storage Facility — 105-119 Sprague Ave 1st floor, Middletown, NY 10940
FAQs
What type of property is this?
Warehouse - Industrial warehouse with parking and office in Middletown, NY.
Where is this warehouse located?
The property is located at 18-20 Stanton St Middletown, NY.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Located in an industrial zone within the City of Middletown.; **3,600 sq ft clear span warehouse with 16 ft ceiling height.**; 1.2 level acres in an industrial area.
