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    249 N Middletown Rd Pearl River, NY 10965

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    For Sale
    $3,300,000

    Versatile income property with residential units, office, and development potential.

    Property Features for 249 N Middletown Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1950

    Source: IMAGINE PROPERTIES NY Agent KATHLEEN A KENNEDY

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Investment Property on Acres

    This mixed-use investment property features 5 residential units and 1 professional office space, situated on over 3 acres of level land. The property includes 2 detached garages, a shed, and ample off-street parking. Fully fenced, the site offers flexibility for various commercial or residential uses. It is zoned and pre-approved for use as a school or daycare, presenting an opportunity for operators or investors to establish a specialty-use facility with room to expand. The property is conveniently located near major highways and transit routes, making it accessible. This property is suited for investors, developers, or owner-users looking to maximize return through rental income, specialty use, or future redevelopment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Safe -n- Sound ... Day Care Center

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Pearl River
    County
    Rockland
    State
    New York
    Longitude
    -74.012871
    Latitude
    41.068447

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    FAQs

    What type of property is this?
    Mixed-use property - Versatile income property with residential units, office, and development potential.
    Where is this mixed-use property located?
    The property is located at 249 N Middletown Rd Pearl River, NY.
    What is the asking price?
    The asking price for this property is $3,300,000.
    What are key features of this property?
    This property features: - Approved for school/daycare use on over 3 acres of land.; - Mixed-use property featuring 5 residential units and 1 professional office.; - Over 3 acres of level, usable land.
    Request Owner's contact information
    249 N Middletown Rd Pearl River, NY 10965
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    Pearl River, NY 10965
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    249 N Middletown Rd Pearl River, NY 10965
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