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Multi-Level Mixed-Use Building
For Sale
$1,900,000

28 Henry Street, Middletown, NY 10940

COMMERCIAL - Middletown, NY

Property SizeContact for details
Lot Size0.14 Acres
Days on Market12

Property Features for 28 Henry Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning DMU
Rooms Basement
Parking features Parking Lot
Basement Full
Elementary school district Middletown
Middle school district Middletown
High school district Middletown
Standard status Active
APN 330900-031-000-0012-006.000-0000
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 1599

Utilities

Sewer type Public Sewer
Heating system Natural Gas
Cooling system Central Air
Water source Public

Building Details

Floors in Building 4
Building materials Brick
Listing Agency: Keller Williams Realty
Listed By: Peter Berman · License #10401392566
Added: Aug 8 Changed: Aug 18 Last Checked: Aug 19 at 5:06AM
MLS# 1035967

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.

Investment Insights

Based on property information with market context.

This multi-level mixed-use property at 28 Henry Street combines an operating ground-floor restaurant tenant with substantial additional space. The building includes a main-level industrial production area, a full basement, and dedicated lift access. Upper floors are identified as potential residential conversion space, while the existing layout also supports consideration of food manufacturing, warehousing, or light distribution uses.

The property contains approximately 0.144 acres and is located in Middletown’s DMU zoning district. A municipal parking lot is adjacent to the building, providing nearby parking and loading access. Building systems and infrastructure include brick construction, natural gas heat, central air conditioning, public water, public sewer, and a parking lot. The former Equilibrium Brewery location also includes the operational scale associated with multiple floors and basement storage.

Key Highlights

  • Operating ground‑floor restaurant tenant within a multi‑level mixed‑use property
  • Main‑level industrial production area with full basement and dedicated lift access
  • Upper floors identified for potential residential conversion

Property Analytics

Current Use

Conventional restaurants

Suggested Use

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

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

Location Intelligence

Trade Area within ½ mile

1,397
Businesses Nearby

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 Industrial in Northeast region

5.4% 2019
4.6% 2020
3.2% 2021
3.3% 2022
5.3% 2023
6.6% 2024
7.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Ground-floor restaurant space is paired with production areas, a basement, and lift access.
Where is this mixed-use property located?
The property is located at 28 Henry Street Middletown, NY.
What is the asking price?
The asking price for this property is $1,900,000.
What are key features of this property?
This property features: Operating ground‑floor restaurant tenant within a multi‑level mixed‑use property; Main‑level industrial production area with full basement and dedicated lift access; Upper floors identified for potential residential conversion
More about this property
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