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Financial
Distress signals
Property profile

389 Main St Middletown, NY 10940

OFF-MARKET
Investment properties
Property ID
US63-2838181
2,271 SF 0.44 ac lot Built 1930
Last sale Sep 2025 · $410,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 2,271 square foot office building is strategically located on East Main Street in Middletown, NY, a high-traffic area offering significant visibility and accessibility. The property boasts approximately 250 feet of road frontage, maximizing its commercial potential. The building itself is currently configured as three separate professional office suites, each featuring its own reception area and multiple rooms, providing flexibility for owner-occupancy and rental income…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax

What does the county charge?
Assessed value · 2023$81k
Assessed land$12k
Assessed improvement$69k

Value estimate

· Oct 2026
$380k
$342k – $418k
AI approach$260k

Realmo valuation models over county records and 18 qualifying comparable sales.

Recently sold

What actually traded nearby?
$153/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$91 – $217
Qualifying comparables18

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
HC
JurisdictionORANGE

Location intelligence

Which uses thrive at this corner?
Best fit: HVAC Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
HVAC Service11.9
Parking Facility11.8
Realty agency10.9

Location

389 Main St Middletown, NY 10940-3434
County assessor Recorded deeds · 1 transfer 18 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
529531 Rte 17m, Middletown, NY 10940 $1,300,000 Jul 2025 4,247 SF
655 Rte 17m, Middletown, NY 10940-4342 $200,000 Dec 2024 2,090 SF
580 Main, Middletown, NY 10940-2632 $305,000 Sep 2024 1,752 SF
2051 Rte 6th, Middletown, NY 10940 $90,000 Jul 2024 2,144 SF
10 Orch, Middletown, NY 10940-5005 $75,000 Mar 2024 2,239 SF
123 Academy, Middletown, NY 10940-5211 $325,000 Feb 2024 2,863 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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