Turnkey Medical Office
57 N Middletown Rd Nanuet, NY 10954
For Sale
Contact for pricing
Three-story, fully furnished medical office building with exam and consultation rooms and 40 parking spaces.
Property Size3,264 SF
Price / SF$597.43
Days on Market76
Property Features for 57 N Middletown Rd
General Information
Standard status
Active
Size
3,264 SF
Property subtype
OFFICE
Listing Agency:
Triforce Commercial Real Estate
(845) 323-9177
Listed By:
Jason Horowitz · License ##1433362
(845) 323-9177
Source:
Moodyscre
Added: May 15
Changed: Jul 26
Last Checked: Jul 28 at 3:16PM
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 Triforce Commercial Real Estate
Investment Insights
Based on property information with market context.
57 North Middletown Road is a contemporary, fully furnished medical professional office building offering 3,264 square feet of office space across three floors. The interior is built out for a medical practice, with examination and consultation rooms equipped with examination tables, as well as terminal screens, desks and chairs, and existing phone systems. The space also includes file storage cabinets, supporting an operational, ready-to-use environment.
The property is prominently located on North Middletown Road, just north of the intersection of Middletown Road and Route 59, in the heart of Rockland County’s busiest commercial district. Convenient access is available to the Palisades Parkway and the New York State Thruway. Nearby are major medical centers, including Montefiore-Nyack and Good Samaritan Hospital.
With 40 parking spaces available for tenants and visitors, the building supports day-to-day patient and staff access while maintaining a dedicated, medical-ready office layout.
The property is prominently located on North Middletown Road, just north of the intersection of Middletown Road and Route 59, in the heart of Rockland County’s busiest commercial district. Convenient access is available to the Palisades Parkway and the New York State Thruway. Nearby are major medical centers, including Montefiore-Nyack and Good Samaritan Hospital.
With 40 parking spaces available for tenants and visitors, the building supports day-to-day patient and staff access while maintaining a dedicated, medical-ready office layout.
Key Highlights
- Three‑story, fully furnished medical professional office building with 3,264 SF of office space
- Built out for medical use with examination and consultation rooms, including examination tables and terminal screens
- Includes existing phone systems, desks, and chairs, plus file storage cabinets throughout
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $146.9k | $45.00 |
| − Vacancy | −$22.8k | −$6.98 |
| EGI | $124.1k | $38.03 |
| − OpEx | −$31.0k | −$9.51 |
| NOI | $93.1k | $28.52 |
3,264 SF · lease $45.00/SF/yr · vacancy 15.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.33M
$1.16M – $1.55M
NOI $93,085 @ 7.0% cap · market cap 4.77%
Second Best
Healthcare Medical
$1.08M
$940.8K – $1.25M
NOI $75,261 @ 7.0% cap · market cap 3.86%
Theoretical Best
Specialty Retail
$2.16M
$1.89M – $2.52M
NOI $151,066 @ 7.0% cap · market cap 7.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
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- Senior Pet Vet — 123 ny-59, nanuet, ny 10954
- Petco Vaccination Clinic — 164 rockland plaza, nanuet, ny 10954
Frequently Asked Questions
What type of property is this?
Medical Office Space - Three-story, fully furnished medical office building with exam and consultation rooms and 40 parking spaces.
Where is this medical office space located?
The property is located at 57 N Middletown Rd Nanuet, NY.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Three‑story, fully furnished medical professional office building with 3,264 SF of office space; Built out for medical use with examination and consultation rooms, including examination tables and terminal screens; Includes existing phone systems, desks, and chairs, plus file storage cabinets throughout