192 Tower DrMiddletown, NY 10941
- Mixed-use properties
- 5,270 SF
For Lease
$23.38/SF/YR
View listing
Property Details for 192 Tower Dr
- Year built
- 2000
- Lot size
- 1.50 AC
- Property size (Sq ft)
- 5,270 SF
- Zone code
- ENT-L
- Property type
- Mixed-use properties
- Property subtype
- Other investment properties
- APN
- 335200 40-1-65
- APU
- 33520040165
Description
This exceptional Class A property at 192 Tower Drive, Middletown, NY 10941, offers versatile office and industrial space in a prime location. The 8,100 square foot building, constructed in 2000, sits on a 1.5-acre lot and features a two-story design with a 20-foot ceiling height. Currently, 2,256 square feet of space is available, divisible into units as small as 1,024 square feet, with a maximum contiguous space of 2,256 square feet. The building boasts six total suites, ample parking with 35 spaces, and is situated in the Light Enterprise zoning district. Tenants are responsible for their own utilities
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,623,346
- 6.5%
- $1,498,473
- 7%
- $1,391,439
-
Comparable approach
- Method
- Valuation
- Relative Method
- $1,074,470
- Geo Method
- $1,067,296
-
Alternative Use
- Use
- Valuation
- Residential
- $1,498,473
- Hospitality
- $1,372,593
- Educational
- $1,141,981
- Medical
- $1,181,256
- Retail
- $1,776,415
192 Tower Dr, Middletown, New York
Leaflet | © OpenStreetMap contributors
Location Insight
- City
- Middletown
- County
- Orange
- State
- New York
- Latitude
- 41.4696
- Longitude
- -74.3796
- CBSA code
- 39100
- CBSA name
- POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2021
-
$15,000
$217,000
$232,000
-
$103,448
$1,496,552
$1,600,000
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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