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Ground-Floor Retail Space
For Lease
$2,500/Mo

23 North Street, Middletown, NY 10940

Located on North Street within Middletown’s Downtown Business Improvement District.

Space Size2,560 SF
Property Size6,184 SF
Days on Market47

Property Features for 23 North Street

General Information

Standard status Active
Size 2,560 SF
Net Rentable 2,560 SF
Lease Term Over 12 Months

Space & Availability

Available Space 2,560 SF
Contiguous Space 2,560 SF
Floor Ground

Taxes and HOA fees

Annual Taxes $1,251,432

Building Details

Building Size 6,184 SF
Listing Agency: KW Hudson Valley United
Listed By: Hai Li
Source: Croninreale
Added: Sep 8 Changed: Oct 23 Last Checked: Oct 23 at 4:21PM

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 United

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Investment Insights

Based on property information with market context.

This ground-level commercial space is offered for rent on North Street in downtown Middletown. The interior can be renovated and configured by the tenant, with any proposed use subject to City approval and required permits.

Key Highlights

  • On North Street in Middletown’s Downtown Business Improvement District
  • Public parking is available nearby
  • Tenant may renovate and customize the space, subject to required approvals

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Locksmith Tech Support Center Home Appliance Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,512
Businesses Nearby
11k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 67% Dining 33%
Sunoco Shops & Services
4,521 visits/mo 0.4 miles
El Azteca Dining
3,555 visits/mo 0.3 miles
Valero Energy Shops & Services
2,555 visits/mo 0.1 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Middletown, NY

$22.63 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
3,882 SF
Avg Space Size

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Located on North Street within Middletown’s Downtown Business Improvement District.
Where is this retail space located?
The property is located at 23 North Street Middletown, NY.
What is the lease rate?
The lease rate is $2,500/Mo.
What are key features of this property?
This property features: On North Street in Middletown’s Downtown Business Improvement District; Public parking is available nearby; Tenant may renovate and customize the space, subject to required approvals
More about this property
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