Mixed-Use Building in Downtown
20 John Street, Middletown, NY 10940
New
MULTI_FAMILY - Middletown, NY
Property size:
2,000 SFLot size:
0.11 AcresPrice / SF:
$287/SF- Added:
- May 21, 2026
- Days on Market:
- 2
- Last Refresh:
- May 21 at 11:06 pm
Property Features for 20 John Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 3
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bathroom 3, Bedroom 3, Bathroom 2, Bedroom 1, Bathroom 1
- Parking
- 3
- Parking features
- Parking Lot, Off Street
- Standard status
- Active
- APN
- 330900.031.000-0002-005.200/0000
- Size
- 2,000 SF
- Lot size
- 0.11 Acres
Taxes and HOA fees
- Tax Year
- 2024
- Tax Annual Amount
- 8516
Utilities
- Utilities
- Electricity Available
- Sewer type
- Public Sewer
- Heating system
- Baseboard, Natural Gas
- Cooling system
- Multi Units
- Water source
- Public
Building Details
- Year built
- 1900
- Number of units
- 3
- Building materials
- Frame
Listing agent Jonathon Z. Lee (917) 747-6688
Listing office Keller Williams Hudson Valley 9 Bert Crawford Rd, Ste 104, New City, NY (845) 610-6065
Listing date May 21, 2026
MLS# 1003208
Listing URL
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.
HighLights
- Income‑producing mixed‑use building with fully rented residential apartments and commercial space.
- Prime downtown Middletown location with high visibility and walkability.
- Versatile 2,000 sq. ft. commercial space with flexible layout, including a large multi‑purpose room.
- Two fully rented residential units: a 2‑bedroom and a 1‑bedroom apartment.
- Private parking lot at the rear of the property accommodates up to 5 vehicles.
- Located in up‑and‑coming Middletown with strong growth potential.
Overview
This income-producing mixed-use building is located in downtown Middletown, an up-and-coming city. The first floor features a 2,000 sq. ft. commercial space, currently configured as a retail store, office, and storage area, along with a large multi-purpose room suitable for meetings, events, or classes. It includes a full bathroom, retail front entrance, and private rear access. The layout offers flexibility for multiple businesses or tenants. The second floor contains two fully rented residential apartments: a large 2-bedroom unit and a spacious 1-bedroom unit, each approximately 800 sq. ft. and equipped with its own kitchen, living room, and full bathroom. A rear parking lot accommodates up to 5 vehicles. The property is situated steps from City Hall, the NYC bus terminal, the public library, restaurants, and shops, providing visibility and walkability for both commercial and residential tenants. The lot size is 0.1079 acres.
Financial Insights
Value Estimation Calculated for Apartment 5plus
Conservative
$415.7K
NOI $37,411 @ 9.00% cap · cautious / downside scenario
Moderate
$534.4K
NOI $37,411 @ 7.00% cap · market / base-case scenario
Aggressive
$748.2K
NOI $37,411 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Apartment 5plus
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $70.6k | $35.28 |
| − Vacancy | −$2.5k | −$1.27 |
| EGI | $68.0k | $34.01 |
| − OpEx | −$30.6k | −$15.30 |
| NOI | $37.4k | $18.71 |
2,000 SF · lease $35.28/SF/yr · vacancy 3.60% · expense 45.00%
Alternative Use Scenarios
Best Use
Apartment 5plus
$534.4K
$467.6K – $623.5K
NOI $37,411 @ 7.0% cap · market cap 6.51%
Second Best
Office B
$478.1K
$418.3K – $557.8K
NOI $33,466 @ 7.0% cap · market cap 5.82%
Theoretical Best
Office A
$677.4K
$592.7K – $790.3K
NOI $47,416 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.420029
- Latitude
- 41.448257
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - Income-producing property with commercial space and residential apartments.
Where is this mixed-use property located?
The property is located at 20 John Street Middletown, NY.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Income‑producing mixed‑use building with fully rented residential apartments and commercial space.; Prime downtown Middletown location with high visibility and walkability.; Versatile 2,000 sq. ft. commercial space with flexible layout, including a large multi‑purpose room.
