410 Main St Middletown, NY 10940
- Office buildings
- 3,600 SF
- 0.26 lot acres
Current Use by Public Records
- Ouimette Goldstein & Andrews: Lahey Paul A / Attorney
- Adams Edie A / Attorney
- Ronald S Kossar Law Office / Attorney
- Panchyshyn Eva M / Attorney
- Ouimette Goldstein & Andrews: Dauerer Louis M / Attorney
Property Details for 410 Main St
- Year built
- 1920
- Lot size
- 0.26 lot acres
- Property size
- 3,600 SF
- Zone code
- HC
- Property type
- Office buildings
- APN
- 335200 75-7-1.2
- APU
- 33520075712
Description
This exceptional investment opportunity presents a 100% occupied office building ideally situated on the high-traffic E Main St/Crystal Run corridor in Middletown, NY. The property, encompassing a 0.26-acre corner lot, boasts a prime location with a private parking lot situated behind the building. Currently configured as a sale-leaseback, the seller, an established law firm occupying the first floor, intends to remain a tenant. The second floor is fully leased to two new tenants. Tenant 1 contributes $1,100 per month, and Tenant 2 pays $1,400 per month, both responsible for their respective utilities and cleaning. The building is in excellent condition, reflecting recent upgrades including brand new air conditioning units, a fresh coat of paint, and a newly resurfaced parking lot. There is no deferred maintenance. A full basement provides ample storage, currently used for file storage. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property with strong, existing rental income and a long-term tenant in place. The property's location and condition make it an attractive investment for discerning buyers. The asking price is $1,400,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Middletown
- County
- Orange
- State
- New York
- Longitude
- -74.3943
- Latitude
- 41.4442
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
