Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Warehouse with Office and Mezzanine Title is generated by Realmo AI

    384 Onion Avenue #1, New Hampton, NY 10958

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $3,500/Mo $13 SF/Yr (calc)

    3042 SF warehouse with office space for rent.

    Type:Commercial
    Property size:
    3,042 SF
    Lot size:
    4.60 Acres
    Added:
    Jan 28, 2026
    Days on Market:
    112
    Last Refresh:
    Apr 5 at 11:25 pm

    Property Features for 384 Onion Avenue #1

    General Information

    Standard status
    Active
    Size
    3,042 SF
    Lot size
    4.60 Acres
    Property subtype
    Commercial

    Building Details

    Year Built
    1992

    We can help!

    Listing Contact
    JASON L MCGOVERN

    Listing agent JASON L MCGOVERN License #10301205773,NEWYORK

    Listing office KELLER WILLIAMS HUDSON VALLEY

    Listing date Jan 28, 2026

    Source Corcoran

    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 KELLER WILLIAMS HUDSON VALLEY

    HighLights

    • 3042 sf Warehouse/Storage/Indoor Recreation space with 800 sf office
    • Town approvals in place for indoor recreation/training facility
    • Features a 14' overhead drive‑in door and 16' ceilings
    • 800 sf office with private entrance, reception, office, storage, 1/2 bath, and kitchenette
    • Rent includes taxes and CAM
    • Great location within minutes to Middletown

    Overview

    This 3042 square foot space includes warehouse, storage, and indoor recreation areas, complemented by a mezzanine and an 800 square foot office space. It is suitable for contractors, tradesmen, or small distribution businesses. Town approvals are already in place for an indoor recreation or training facility. The property features ample parking and a 14-foot overhead drive-in door, along with high 16-foot ceilings and a concrete floor. The 800 square foot office has a private entrance with a reception area, a private office, storage, a half bath, and a kitchenette. The monthly rent includes taxes and CAM. The tenant is responsible for heat and electric; the office has heat and central air. The warehouse is currently unheated but has the ability for heat at the tenant's responsibility if desired. The property is available immediately and is located within minutes of Middletown and surrounding areas. Note that excessive outside storage is not allowed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    NOME Mfg. Production Facility A Plus Mechanical Services Plumbing Service

    Suggested Use

    Big Box & Wholesale Store Auto Repair Shop Gym & Fitness Center Department Store Kitchen & Bath Showroom Food Market Grocery & Convenience Store Furniture & Home Goods Bakery Plumbing Service

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

    Location Insight

    • Map
    • Local Demand
    City
    New Hampton
    County
    Orange
    State
    New York
    Longitude
    -74.4168
    Latitude
    41.3782

    Nearby Similar for Lease

    • $3,500/Mo
      3,042 SF

      New Hampton Warehouse with Office

      Warehouse with office space, suitable for contractors and small distribution.
      384 Onion Avenue, New Hampton, NY 10958
      View Details
    • $3,000/Mo

      Office Space for Rent

      Office space available for rent in New Hampton, NY.
      2713 Route 17m, New Hampton, NY 10958
      View Details
    • $600/Mo

      Professional Office Space Available

      Office space for accounting, engineer, legal, or mental health offices.
      2713 Route 17m #3, New Hampton, NY 10958
      View Details
    • $3,000/Mo

      Professional Office Space For Rent

      Office space with private offices and conference room available for rent.
      2713 Route 17m, New Hampton, NY 10958
      View Details
    • Contact for pricing

      Warehouse Space for Contractors/Tradesmen

      Clean warehouse with high ceilings, ideal for contractors/tradesmen.
      384 Onion Avenue, New Hampton, NY 10958
      View Details

    FAQs

    What type of property is this?
    Warehouse - 3042 SF warehouse with office space for rent.
    Where is this warehouse located?
    The property is located at 384 Onion Avenue #1 New Hampton, NY.
    What is the lease rate?
    The lease rate is $3,500 /Mo.
    What are key features of this property?
    This property features: 3042 sf Warehouse/Storage/Indoor Recreation space with 800 sf office; Town approvals in place for indoor recreation/training facility; Features a **14' overhead drive‑in door and 16' ceilings**
    (845) 610-6065
    We can help!
    Listing Contact
    JASON L MCGOVERN
    Real Estate License ID: 10301205773,NEWYORK
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    384 Onion Avenue #1, New Hampton, NY 10958
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!