Medical Office Suite with Private
For Sale
Contact for pricing
225 Dolson Avenue #302, Middletown, NY 10940
The shared setting includes reception, treatment space, a kitchenette, two bathrooms, and on-site parking.
Property Size2,085 SF
Price / SF$1.20
Days on Market35
Property Features for 225 Dolson Avenue #302
General Information
Standard status
Active
Size
2,085 SF
Property subtype
Office
Additional Details
Property Use
Medical Office
Amenities
spacious waiting and reception area
additional treatment/recovery space
kitchenette
two bathrooms
Building Details
Tenancy
Multi
Listing Agency:
Houlihan Lawrence Inc.
(845) 473-9770
Listed By:
Jo-Ann Campagiorni · License #10301220638
(914) 589-2879
Source:
Neilcharlesrealestate
Added: Sep 27
Changed: Oct 30
Last Checked: Oct 30 at 2:15AM
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 Houlihan Lawrence Inc.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Two private offices are available for sublease within a 2,085-square-foot medical suite at 225 Dolson Avenue, Suite 302, in Middletown. Shared areas include a waiting and reception area, treatment and recovery space, a kitchenette, and two bathrooms.
The subtenant may use additional rooms when the primary physician is away and on weekends. On-site parking is available.
The subtenant may use additional rooms when the primary physician is away and on weekends. On-site parking is available.
Key Highlights
- Two private office spaces offered for sublease within a 2,085‑square‑foot suite
- Shared waiting and reception area, plus treatment and recovery space
- Kitchenette and two bathrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,888
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,760
$697.8K
Cap Rate 7%
$498,400
$498.4K
Cap Rate 9%
$387,644
$387.6K
Market Conditions
NOI Build-Up for 2,085 SF
Gross rent
$56.0K $26.88/SF
− Vacancy
−$9.5K −$4.57/SF
EGI
$46.5K $22.31/SF
− OpEx
−$11.6K −$5.58/SF
NOI
$34.9K $16.73/SF
Area
Orange County, NY
Vacancy
17.00%
Lease Rate
$26.88 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$697,760
Cap Rate 7%
$498,400
Cap Rate 9%
$387,644
Alternative Uses
Best Use
Healthcare Medical
$529.6K
$463.4K – $617.9K
NOI $37,074 @ 7.0% cap · market cap 1,482.96%
Second Best
Office B
$498.4K
$436.1K – $581.5K
NOI $34,888 @ 7.0% cap · market cap 1,395.52%
Theoretical Best
Office A
$706.2K
$617.9K – $823.9K
NOI $49,432 @ 7.0% cap · market cap 1,977.28%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
456
Businesses Nearby
Well-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
Vacancy Rate% for Office in Northeast region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The shared setting includes reception, treatment space, a kitchenette, two bathrooms, and on-site parking.
Where is this medical office space located?
The property is located at 225 Dolson Avenue #302 Middletown, NY.
What are key features of this property?
This property features: Two private office spaces offered for sublease within a 2,085‑square‑foot suite; Shared waiting and reception area, plus treatment and recovery space; Kitchenette and two bathrooms
