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Retail Space
New
For Lease
$1,250/Mo

278 North St, Middletown, NY 10940

The tenant is responsible for electricity, water, and sewer expenses.

Space Size700 SF
Property Size1,867 SF
Days on Market1

Property Features for 278 North St

General Information

Standard status Active
Size 700 SF
Net Rentable 700 SF
Property subtype Commercial
Lease Term 12 months

Space & Availability

Available Space 700 SF
Contiguous Space 700 SF
Space Use Retail

Taxes and HOA fees

Annual Taxes $7,501

Building Details

Building Size 1,867 SF
Year Built 1880
Stories 1
Listing Agency: Real Estate Circuit, Inc.
Listed By: Regina Clark · License #31CL10942146
Source: Elliman
Added: Oct 16 Last Checked: Oct 16 at 8:45AM

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 Real Estate Circuit, Inc.

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Investment Insights

Based on property information with market context.

This 700-square-foot retail space is located at 278 North Street in Middletown, New York. The building was constructed in 1880. The tenant pays the electric, water, and sewer expenses.

Key Highlights

  • 700 square feet of retail space
  • Building constructed in 1880
  • Tenant pays electric, water, and sewer expenses

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Pet Grooming Service Florist Tech Support Center

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
$3.21 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

992
Businesses Nearby
10k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 62% Shops & Services 38%
BP Shops & Services
3,699 visits/mo 0.2 miles
El Azteca Dining
3,555 visits/mo 0.4 miles
Little Caesars Pizza Dining
2,924 visits/mo 0.3 miles
Avis Budget Car Rental Shops & Services
301 visits/mo 0.3 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
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Market

Lease Benchmarks for Middletown, NY

$22.93 /SF/Yr
Avg Asking Price
$12–$30 /SF/Yr
Price Range
4,200 SF
Avg Space Size

This space is priced 7% below the average of $22.93 /SF/Yr.

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 - The tenant is responsible for electricity, water, and sewer expenses.
Where is this retail space located?
The property is located at 278 North St Middletown, NY.
What is the lease rate?
The lease rate is $1,250/Mo.
What are key features of this property?
This property features: 700 square feet of retail space; Building constructed in 1880; Tenant pays electric, water, and sewer expenses
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